Tag "DBS"
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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The Highly Anticipated Singapore Fintech Festival 2022 Has Finally Kicked Off
The Singapore Fintech Festival (SFF) kicked off today under the theme “Building Resilient Business Models Amid Volatility and Change” and will run from 31 October to 4 November. SFF 2022 is organised by the Monetary Authority of Singapore (MAS) and
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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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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
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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
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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.
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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
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