DBS Bank

262 results about this entity

Period: 05 Jul 2002 - 03 Dec 2024

New directions in cash management

Navinder Duggal, Head, Cash Product Management of DBS on new system selection.

Singapore central bank slams DBS and IBM over systems outage

The Monetary Authority of Singapore (MAS) has strongly criticised DBS and IBM over last month's seven-hour system-wide outage, ordering the bank to redesign its online and branch technology and reduce its reliance on Big Blue.

IBM employee fingered as culprit in massive DBS outage

An IBM employee has been fingered as the culprit behind a seven-hour system-wide outage that knocked out all consumer and business banking services and ATM and POS transactions at Singapore's DBS Bank on Monday.

DBS Bank targets Gen Y with branch design contest

DBS Bank has launched a contest calling on young Singaporeans to submit ideas for the design of a new 'youth branch'.

Singapore moves towards interoperable NFC infrastructure for m-payments

Authorities in Singapore have outlined plans to work with banks, telcos and payment processors to set up an interoperable infrastructure for contactless mobile transit and payments.

MasterCard signs first Asian bank to MoneySend remittance programme

DBS Bank in Singapore has become the first Asian bank to sign up for the Mastercard MoneySend remittance programme.

DBS Bank deploys Reuters risk technology

UK vendor Reuters has implemented an enhanced version of its Kondor Global Risk (KGR) technology at Singapore's DBS Group, the largest bank in Southeast Asia.

Euroclear to hook into Singapore's Electronic Payment System

Euroclear is set to become the first non-indigenous settlement system to service the Singapore Government Securities (SGS) market.

DBS shifts blame for hacking to consumer PCs

Development Bank of Singapore is blaming inadequate controls at consumer PCs for the recent incident in which a Chinese computer hacker broke into 21 DBS Internet bank accounts and escaped with a S$62,000 cash haul.

Hacker escapes with cash haul from DBS Bank online accounts - Reuters

Reuters is reporting that a Chinese computer hacker succeeded in transferring and withdrawing thousands of dollars from online bank accounts held at Development Bank of Singapore.