Tag "DBS Bank"
How DBS and OCBC Global Leadership Shows Singapore’s Success in Open Banking
Singapore’s DBS Bank and OCBC are regional leaders in fintech and pioneers in open banking according reports from Accenture and Innopay Open Banking Monitor. The positioning of these banks gives us a good sense of where Singapore stands in the global
Read More
It’s Not Just the Ride Hailing Fight That’s Begun with Go-Jek’s Entry into Grab’s Hometown
Go-Jek just announced the launch of its beta app in Singapore, which means that Singaporeans will be able to download Go-Jek on Android and iOS stores starting today. Since Uber’s exit of Southeast Asia, this will be a significant competition
Read More
Fintech and Digital Finance Innovation Initiatives of Banks in Singapore
Fintech has become one of the key drivers of innovation in the financial services industry. In Singapore, the Monetary Authority of Singapore (MAS) was quick to realize the potential of fintech, acting swiftly to build up a vibrant ecosystem in
Read More
Singapore Uses AI to Give SMEs Access to International Trade Opportunities
The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) are partnering with six private sector partners to create a Proof of Concept hybrid business data and digital solutions hub. The initiative will leverage on Artificial Intelligence (AI)
Read More
Accelerators Aren’t Helping Fintechs, So DBS Banks On Problem Matchmaking Instead
In DBS Bank’s quest to keep up with the ever-evolving fintech trends and stay ahead of its banking contemporaries, they have launched a programme that would play matchmaker between them or their corporate clients’ fintech problems with the right startups
Read More
4 Banks in Asia Pacific That Are Winning Open Banking Adoption
Following the UK banks’ ambitious move towards open banking, fintech hubs across the globe have been following suit, leading to a banking revolution that could fast-track the development of fintech—particularly fintech based on personal wealth and spending habits. With Singapore’s
Read More
DBS Aims to Save 10,000 Manhours Through Whatsapp and WeChat Banking Service
DBS announced the launch of DBS Wealth Chat, a service that will allow DBS’ wealth clients to interact, exchange ideas and transact with their relationship managers via popular instant messaging platforms WhatsApp and WeChat. The bank claims to be the first
Read More
PayNow Collaborates with Digital Insurer and DBS
The digital insurer FWD and DBS Bank collaborating to provide electronic payment of claims via PayNow. PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore Limited, DBS Bank/POSB, HSBC, Maybank,
Read More
DBS and Xero Extend Strategic Partnership by Simplifying Bill Payments for Small Businesses in Singapore
DBS Bank and Xero announced a service which allows small businesses, including start-ups and SMEs, to send payment instructions directly from Xero to their DBS IDEAL internet banking account, instead of entering them manually into their internet banking. This new service marks the
Read More
DBS Bank’s Chief Innovation Officer Backs Wealthtech Company as Co-Founder
DBS Bank’s managing director and chief innovation officer (CIO) Neal Cross has joined Australian fintech startup PictureWealth as co-founder, a startup in which he also is an investor. Cross is known as one of the top innovation thought leaders across
Read More