Tag "DBS"

DBS Teams up With Singapore’s Tax Authority to Eliminate Cheques

In line with Singapore’s Smart Nation agenda, DBS Bank is collaborating with the Inland Revenue Authority of Singapore (IRAS) to digitalise tax payouts and collections via PayNow to encourage more businesses to go cheque-free. IRAS first introduced PayNow as an

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DBS Among Top 10 Business Transformations Of The Decade Alongside Netflix and Amazon

In a 2019 study of companies around the world that have made the most successful strategic transformations in the last decade, DBS Bank ranks among the top 10, according to Harvard Business Review. In this achievement, DBS joins the likes

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DBS Eyeing More Features to Double Their User Base to 3.5 Million in 2023

DBS announced that it aims to double its existing user base of 1.6 million to 3.5 million by 2023 for its mobile wallet DBS PayLah!. To achieve this, the bank will over the course of 2020 integrate its DBS Lifestyle

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DBS Launches Multi-Tier Financing Facility Blockchain Platform in China

DBS Bank today announced its first multi-tier financing facility on a logistics blockchain platform named Rong-E Lian, to help small and medium-sized enterprises (SMEs) in China get faster access to trade financing. Developed in partnership with a leading Chinese logistics

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New Digital Banks Unlikely To Threaten DBS, OCBC and UOB, Fitch Ratings Says

Singapore’s granting of up to five new digital bank licenses is unlikely to threaten the dominance of the country’s three largest banks, DBS Bank, OCBC Bank and UOB, Fitch Ratings says. The ratings agency believes that DBS, OCBC, and UOB

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5 Ways Banks in Singapore are Using Big Data

  Pop quiz: What is big data? Actually, don’t answer that. Everyone can easily recite the same quote: “It’s the process of analysing huge amounts of data to draw actionable insights that are beneficial to your business.” In practice, this

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Chief Innovation Officer, Neal Cross Bids Farewell to DBS Bank in Heartfelt Post

With a LinkedIn post, Neal Cross announces that he has ended his tenure as DBS Bank’s Chief Innovation Officer. He is considered thought leader in the innovation space, and is famous for evangelising fintech in Singapore before it congealed into a strong sector

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DBS Pilots Loadable QR Red Packets

DBS is introducing a new way to celebrate Chinese New Year (CNY) this year with the pilot launch of a loadable QR red packet (DBS QR Ang Bao). The DBS QR Ang Bao offers a fun, digital twist on the

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12 Companies Score SG$1.2 Mil at The Singapore Fintech Awards 2018

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today awarded 12 FinTech companies a total of SG$1.2 million divided for 12 different companies at the Fintech Awards, which took place at the third Singapore

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DBS and GO-JEK Teams Up in a Fight Against Grab in South East Asia

DBS Bank and GO-JEK today announced that the two parties have entered into a regional strategic partnership. The partnership will see the two companies work together on payment services ahead of GO-JEK’s arrival in Singapore and this will soon extend

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