Fintech Singapore | DBS Archives

Tag "DBS"

Crypto

DBS Rolls Out Self-Directed Crypto Trading for Accredited Wealth Clients

DBS has rolled out self-directed crypto trading, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx. With clients’ bank accounts and DDEx custody accounts seamlessly linked via DBS digibank, clients’ funds can be directly debited. Starting from

Digital Transformation

DBS Becomes the First Singaporean Bank to Join the Metaverse With The Sandbox

DBS announced the launch of DBS BetterWorld, a metaverse experience created in partnership with Animoca Brands’s decentralised gaming virtual world The Sandbox. The partnership makes DBS the first bank in Singapore to make a foray into the metaverse. Under the

Payments

DBS PayLah! Users Can Now Scan UnionPay QR Codes to Pay in 45 Countries

DBS PayLah! users can now make payments to retailers in 45 countries using UnionPay’s QR Code payment option. DBS is the first Singapore bank to enable this service. The service is the result of a collaboration between DBS, UnionPay International

Green Fintech

DBS LiveBetter Now Allows Users to Track and Offset Their Carbon Footprint

Track Better and Offset Better are the two features most recently rolled out on LiveBetter, a one-stop digital platform on the DBS digibank app that seeks to educate and empower users to make sustainable lifestyle choices and live more consciously.

Various

DBS Completes First Live Transaction on Digital Data Exchange SGTraDex

DBS has completed its first live transaction on the Singapore Trade Data Exchange (SGTraDex), a digital data exchange that facilitates trusted and secure sharing of data between supply chain ecosystem partners. The transaction was done by way of an electronic

InsurTech

Manulife and DBS Launch Insurance Starter Plan ‘ProtectFirst’ for Young Singaporeans

Manulife Singapore and DBS Bank announced the launch of their co-developed insurance starter plan, ProtectFirst, designed to help young Singaporeans kickstart their protection journey affordably at a lower premium. Customers can assess their protection gaps via the bank’s digital AI-powered

Various

DBS Sets up a Board Sustainability Committee to Oversee ESG Matters

DBS announced that it has established a Board Sustainability Committee (BSC) to provide added governance and oversight of material environmental, social and governance (ESG) matters. The bank said in a statement that the move is the first of its kind

Payments

DBS Rolls Out BNPL Payments for Credit Card Users With Mastercard and Pine Labs

Mastercard, DBS Bank and Pine Labs have partnered to launch ‘Mastercard Installments with Pine Labs”, enabling DBS/POSB credit cardholders to access Buy Now, Pay Later (BNPL) offers at checkout across a variety of merchants. DBS is the first regional issuer

Funding

DBS Pledges Additional SGD 100 Million to Fund Social Enterprises

DBS announced that it is committing an additional SGD 100 million to the DBS Foundation which will expand its efforts in helping social enterprises and businesses-for-impact to grow. The funds will enable these startups to grow from the ideation stage

Blockchain

DBS Digital Exchange Surpasses SGD 1 Billion in Trading Value in the First Year

The DBS Digital Exchange (DDEx) announced that it has recorded over SGD 1.1 billion in trading value in the first full year of operations. The digital assets exchange said that its momentum picked up significantly after the DDEx went operational