DBS Bank - News, Articles & Research

DBS rolls out blockchain-powered banking for institutions

Singapore's DBS has integrated a suite of blockchain-powered capabilities within its core transaction banking services for institutional clients.

21 October 2024

Company announcement/payments

DBS Hong Kong and Yedpay collaborate to launch 'MAX Merchant Solutions'

DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and The Payment Cards Group Limited (“Yedpay”) today announced the launch of “DBS MAX Merchant Solutions”, a one-stop solution for managing sales operations, featuring a suite of tools that streamline payment collections and enhance operational efficiency for merchants in Hong Kong.

19 September 2024

News/payments

DBS pilot blockchain-based programmable grant disbursements

Singapore's DBS has completed a pilot using blockchain technology for programmable government grant disbursements to businesses.

26 August 2024

Company announcement/wholesale

DBS issues multi-currency commercial debit card for growing businesses

DBS, in partnership with Visa, today announced the launch of the bank’s first multi-currency commercial debit card. The DBS Business Advance+ Card (BAC+) is tailored to meet the needs of companies operating in an increasingly globalised digital marketplace.

22 August 2024

News/security

MAS collaborates with banks and tech firms on quantum security

The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.

15 August 2024

News/payments

DBS tokenizes treasury management for Ant International

Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.

14 August 2024

News/payments

Bank-backed DLT-based payments network Partior raises $60m

Partior, the bank-backed fintech behind a global unified ledger-based interbank rails for real-time clearing and settlement, has raised $60 million in Series B funding.

15 July 2024

News/crypto

Paxos approved to issue stablecoins in Singapore

Paxos has received full approval from the Monetary Authority of Singapore to offer Digital Payment Tokens and has lined up DBS Bank as its primary banking partner for cash management and custody of stablecoin reserves.

02 July 2024

Company announcement/payments

Mashreq utilises DBS Globesend for instant cross-border payments

DBS and Mashreq, two leading financial institutions in Asia and MENA (Middle East and North Africa) today announced a collaboration that extends same-day and near-instant peer-to-peer cross-border payments to Mashreq’s retail customers, in selected markets across Asia Pacific, Europe and the Americas.

27 June 2024

News/regulation

MAS lifts six-month IT ban on DBS

Singapore's central bank has lifted restrictions on non-essential IT services imposed on DBS Bank in the wake of a series of disruptive outages that hit the bank's payments and ATM services last year.

30 April 2024

News/regulation

Singapore launches platform to tackle money laundering

The Monetary Authority of Singapore (MAS) has launched a centralised digital platform that lets financial institutions share customer information in order to tackle money laundering and terrorism financing.

03 April 2024

Company announcement/startups

DBS Bank India announces USD 250 million lending support for start-ups

DBS Bank India announced a lending commitment of USD 250 million for new-age startups today. The initiative is part of the bank's focus on fostering innovation and entrepreneurship within the country's thriving startup ecosystem.

20 March 2024