OCBC, CAD to automate data retrieval for financial crime detection

Singapore

LAW enforcement agencies in Singapore can now obtain critical banking information more quickly to detect and investigate financial crime cases, under a collaboration between OCBC Bank and the Singapore Police Force's (SPF's) Commercial Affairs Department (CAD).

OCBC has come up with Project Poet, a solution which automates data retrieval from the bank to shorten the turnaround time.

Information that used to take between 10 days and three months to process will now be available to law enforce…