Tag "DBS"

DBS: Singapore Leads the Pack in Digitalising Customer Experience

There is widespread enthusiasm among companies to digitalise customer experience and engagement but they faced significant challenges in achieving success, according to a search by DBS. The research revealed that 64% of businesses globally carried out a structured approach to

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DBS Completes Intraday Repo Transaction on J.P. Morgan’s Blockchain-Based Network

DBS announced that it had become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s blockchain based network, Onyx Digital Assets. The network supports instant settlements and maturity of the transactions within hours instead of the

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Google Cloud Establishes Advisory Board for Its Point Carbon Zero Programme

Google Cloud has announced three key updates under the Point Carbon Zero Programme in today’s Singapore Fintech Festival 2022. Jointly launched with the Monetary Authority of Singapore (MAS) in July, the programme aims to catalyse the incubation and adoption of

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DBS Tests DeFi-Enabled FX and Government Securities Live Trades With MAS

DBS announced that it is testing the trading of foreign exchange and government securities using permissioned DeFi liquidity pools on public blockchain as part of Monetary Authority of Singapore’s (MAS) Project Guardian. The trade involved the outright purchase and sale of

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MAS Completes Its First Digital Asset Live Trades Under Project Guardian

The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,

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MAS Initiates Digital Singapore Dollar Trials

The Monetary Authority of Singapore (MAS) has published a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required. The report also marked the successful completion of Phase 1 of Project Orchid which explored

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DBS Launches Apprenticeship Programme for Polytechnic Students

DBS announced that it is launching a structured three-year apprenticeship programme to prepare polytechnic students for technology roles in the bank. This is a part of the initiatives under the Techskills Accelerator (TeSA) for ITE and Polytechnics Alliance (TIP Alliance)

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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

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