Tag "DBS"
Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore
LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,
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Money Lock Safeguarded S$6.6B Across Over 78,000 Singapore Accounts
Since the launch of the Money Lock feature by three local banks – OCBC, DBS, and UOB – in November, over 78,000 accounts have been established with more than S$6.6 billion of savings securely set aside as of March 2024.
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IFC, DBS Address Trade Finance Gap with US$500 Million Programme
The International Finance Corporation (IFC) and DBS Bank have unveiled a US$500 million financial initiative aimed at enhancing trade in emerging markets. This collaborative effort is part of IFC’s Global Trade Liquidity Programme (GTLP) and seeks to increase capital and
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COSMIC Platform Goes Live in Singapore to Combat Financial Crime
The Monetary Authority of Singapore (MAS) has officially rolled out the COSMIC platform, a digital initiative aimed at bolstering the defense against money laundering, terrorism financing, and the proliferation of weapons of mass destruction. The system, which became operational today
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DBS India Commits to Offer US$250 Million in Loans for Local Startups
DBS Bank India has announced a commitment of US$250 million to provide loans to startups across the country, according to Tech in Asia report. This commitment by DBS India is aimed at bolstering startups that are leveraging advanced technologies to
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DBS, Sheng Siong Join Forces to Promote Sustainability Among SME Suppliers
DBS Bank and supermarket chain Sheng Siong have embarked on a mission to assist suppliers in adopting more sustainable business practices. The initiative aims to reach out to 1,000 small and medium-sized enterprises (SMEs) within the Sheng Siong supply network
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DBS Expands Its Money Lock Feature ‘digiVault’ to All Accounts
DBS and POSB has announced the expansion of its digiVault protection to all customer accounts, providing users with the option to securely lock funds in their existing accounts. This initiative is aimed at bolstering self-managed security in response to the
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DBS Plans Major Restructuring with Creation of ‘Global Financial Markets’ Division
DBS Bank revealed plans to consolidate its equity capital markets, its brokerage arm DBS Vickers, and the DBS Digital Exchange (DDEX) with its Treasury Markets division. The newly formed entity will be named Global Financial Markets (GFM), effective from 1
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DBS Extends S$3 Hawker Meal Subsidies on Fridays Until 26 July
DBS Bank has extended its hawker meal subsidy programme which will now run until 26 July 2024, offering cashback incentives for customers using the PayLah! app for meal payments. The extension means a total of 7.5 million meals will be
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Over 200 DBS Customers Lose S$446K This Year to Sophisticated Phishing Scams
No less than 219 customers of DBS Bank have reportedly been duped by sophisticated phishing scams in the first two weeks of 2024, resulting in a collective loss of approximately S$446,000 (US$335,000), Channel News Asia learned from a joint statement
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