OCBC Bank, one of the largest financial institutions in Asia, has signed a significant contract with Oslo-based Commercial Banking Applications AS (CBA) and its partner for Asia/Pacific, BCS Information System Pte Ltd (BCSIS), for the delivery of IBAS GPF – Global Payments Factory to the banking group. The contract covers the full range of payments products. The Norwegian supplier’s IBAS system will be used to run OCBC’s payment systems in Singapore and Malaysia.
