Tag "DBS"
DBS’ QR Ang Bao Solution Now Open to All Singaporeans with a PayNow Account
Following the success of last year’s DBS QR Ang Baos which saw over SGD 1.5 million loaded during Chinese New Year in 2019, DBS is reintroducing an enhanced version which includes new functions that they say will deliver greater convenience
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DBS Pushes For All Public Hospitals in Singapore to Accept QR Payments by 2020
In a push towards a cashless and chequeless society, DBS Bank is working with Singapore’s three public healthcare clusters, the National Healthcare Group (NHG), National University Health System (NUHS) and Singapore Health Services (SingHealth), on the payment infrastructure to transition
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DBS and IMDA to Launch Open-Sourced Blockchain Trade Platform
To leverage Singapore’s global trade connectivity, DBS Bank and Trafigura, in collaboration with Infocomm Media Development Authority (IMDA), the International Chamber of Commerce (ICC), Enterprise Singapore and tradetech Perlin, have come together to develop an open-sourced blockchain trade platform to
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DBS Eyeing to Bank Tomorrow’s Unicorns
DBS announced that they will be making available a comprehensive suite of banking and professional services, at zero cost in a bid to attract startups and future unicorns within the software, internet and emerging technologies to bank with them. Dubbed
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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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