Tag "DBS"

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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Singapore’s Path to Digital Economy Still Facing Some Roadblocks

Use of mobile banking has overtaken physical branch interactions by 15% during the past 12 months, according to the J.D. Power 2018 Singapore Retail Banking Satisfaction Study. It is clear that Singapore’s Smart Nation journey to digitally transform its banking

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Carousell Launches Caroupay

Carousell, Singapore’s fast growing classifieds marketplace, launches CarouPay. CarouPay is the company’s first integrated payment system for users to buy and sell more conveniently and with greater assurance. The feature is developed in partnership with DBS, Stripe and Visa. Carousellers

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DBS Introduces Jim, Southeast Asia’s First Virtual Bank Recruiter

DBS has launched Southeast Asia’s first virtual bank recruiter, Jim, to help its recruiters hire wealth planning managers more efficiently. The bank is looking to hire 40% more wealth planning managers this year to support its rapidly growing wealth management

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DBS To Proactively Re-Skill 1,500 Employees To Equip Them With New Skills And Competencies To Be Future-Ready

In an all-out effort to help its employees obtain the necessary knowledge and competencies to sharpen their competitiveness and deepen their skillset, DBS Bank today announced that it will proactively re-skill 1,500 employees in the next 18 months. These employees

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