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Fintech companies not competitors, says OCBC’s Samuel Tsien

In print this week

Fintech companies not competitors, says OCBC’s Samuel Tsien

Goola Warden Published on Fri, Sep 23, 2016 / 4:43 PM GMT+8

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SINGAPORE (Sept 23): Samuel Tsien, CEO of Oversea-Chinese Banking Corp, does not worry about fintech companies chipping away at the hold OCBC has on its customers.

“We are always digitally discerning, and we are not distracted by fintech companies,” Tsien says during a recent interview with The Edge Singapore.

Indeed, Tsien sees them as a beacon of sorts, guiding the big banks towards technology investments that ultimately further strengthen their position.

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