OCBC Bank has launched a new mobile banking app in Singapore designed for Apple Watches. It is one of the first banking apps launched for a wearable device in the city state.

OCBC’s Apple Watch app allows customers to check their bank account balances, information about their credit card usage, bank loans, insurance and up to five of their most recent transactions by tapping their Apple Watch – without the need to log in to the mobile banking app on their smartphones. It also provides information on the three nearest OCBC Bank ATMs or branches.

Aditya Gupta – OCBC Bank’s Singapore head of E-Business – says: "We are constantly exploring advances in technology to help us make day-to-day banking more simple, accessible and meaningful for our customers." He believes that smartwatches represent the next generation of personal mobile devices and that their Apple Watch app will offer the convenience and security that customers demand when it comes to everyday banking on-the-go.

"This continuous innovation is what reinforces OCBC’s position as a forward-thinking bank and sets us apart when it comes to delivering the future of banking. We are confident the Apple Watch app will be a big hit with our fast-growing number of customers who are mobile and digitally-savvy," he adds.

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