OCBC Bank and NTU Singapore signed MRCA

NTU Singapore and OCBC Bank have embarked on a S$5 million research collaboration over the next five years, to develop innovative technological solutions in three key areas – sustainability, data privacy and cyber security.

Deputy Prime Minister, Coordinating Minister for Economic Policies, and Chairman of the National Research Foundation, Mr Heng Swee Keat, witnessed the signing of the research collaboration agreement at NTU’s Strategic Centre for Research in Privacy-Preserving Technologies & Systems (SCRIPTS).

Leading the research is NTU Associate Vice President (Strategy and Partnerships) Professor Lam Kwok Yan, who is also Director of SCRIPTS and the Executive Director of National Centre for Research in Digital Trust. NTU’s SCRIPTS specialises in developing privacy-preserving technologies, which are essential prerequisites in ensuring data protection and data privacy.

NTU’s research partnership with OCBC is also in line with NTU2025, the University’s five-year strategic plan that aims to address humanity’s grand challenges, such as the impact of technology on humanity and mitigating our impact on the environment.

Media Coverage:

The Straits Time Online

Lianhe Zaobao Online

Singapore Business Review, 12 Nov

MSN, 12 Nov

NNA Asia Japan, 12 Nov