Tag "DBS Bank"
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 More4 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 MoreDBS 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 MorePayNow 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 MoreDBS 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 MoreDBS 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 MoreReimagining Banking, DBS Launches World’s Largest Banking API Developer Platform
DBS Bank set yet another global milestone with the launch of a banking API developer platform that is the largest by a bank anywhere in the world. The scale of the endeavour at launch underlines DBS’ commitment to reimagining banking
Read MoreStudy: China The Undisputed Global Fintech Leader
China has leapfrogged ahead of London, New York and Silicon Valley to become “the undoubted center of global fintech innovation and adoption,” according to a new report by EY and DBS Bank. The document, titled “The Rise of Fintech in
Read MoreDBS Report: Fintech, A Challenge And An Opportunity For Banks
Fintech investment more than doubled in 2015 and the sector currently counts 19 unicorns; players that are in a position to challenge banks. Despite the apparent threat, fintechs also bring the opportunity for small and medium-sized banks to partner with
Read MoreToo many Innovation Labs too few Innovations “Dances With Drums” by Fintech-Hubs and Banks
There are so many innovation labs and too few innovations. I regularly meet with bankers worldwide and the first phrase I hear (especially in Asia) from those who decided to invest in fintech (there are few of them so far,
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