DBS Bank - News, Articles & Research

Company announcement/wholesale

DBS Bank India introduces digital and paperless trade financing service

In the current environment, there is a need to drive digitised trade for Corporate customers to reduce processing turnaround time and drive businesses efficiently.

13 December 2021

News/regulation

MAS threatens action over DBS outage

Singapore's banking regulator is set take action against DBS Bank following a prolonged two-day outage that has prevented customers from logging into the bank's digital services.

25 November 2021

Company announcement/crypto

DBS digital asset ecosystem see growing business momentum

DBS announced today that its digital asset ecosystem, anchored by the DBS Digital Exchange (DDEx), has enjoyed strong business momentum since it went operational 24/7 in August this year.

11 November 2021

Company announcement/payments

MAS signals breakthrough in cross-border trade finance

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), in collaboration with commercial partners DBS Bank, Emirates NBD and Standard Chartered, have successfully concluded the world’s first cross-border digital trade financing pilot of its kind.

11 November 2021

News/sustainable

DBS launches eco-conscious consumer platform

DBS Bank has launched LiveBetter – a one-stop digital platform where users can access eco-friendly tips, donate to local green causes, as well as invest in sustainability-themed funds.

01 November 2021

News/crypto

DBS joins Hedera Governing Council

DBS has become the first bank in South East Asia to take a seat on the Hedera Governing Council, establishing a network node on the enterprise grade distributed public ledger.

27 October 2021

News/Sibos

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

14 October 2021

Company announcement/payments

DBS, Temasek and JPMorgan DLT payments platform Partior makes hires

Today, Partior, a newly-created, blockchain-based clearing and settlement technology platform, announced the appointment of Jason Thompson as its Chief Executive Officer. Based in Singapore, Jason will lead the company to become the technology platform of choice for financial institutions. Partior will innovate and drive efficient cross-border payments and foreign exchange payment vs payment (PvP) settlements using blockchain and smart contract technology.

01 October 2021

Company announcement/markets

DBS brokerage arm Vickers receives MAS approval for digital token

DBS Vickers (DBSV), the brokerage arm of DBS Bank, today announced that it has received formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token services as a Major Payment Institution.

01 October 2021

News/devops

DBS hunts for top tech talent via hack2Hire programme

DBS is to recruit 150 of Singapore’s top technology talent to bolster its AI and blockchain capabilities via its hack2Hire programme.

28 September 2021

Company announcement/sustainable

NovaFori selected as technology partner for Climate Impact X

NovaFori has today announced that it has been appointed as a technology partner by Climate Impact X (CIX), a global carbon exchange and marketplace to be established by DBS, SGX, Standard Chartered and Temasek.

20 September 2021

Company announcement/wholesale

Bank of China, DBS and HSBC join trade finance advisory group

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium to build a blockchain-enabled operating system designed to redefine global trade, welcomes Bank of China (“BOC”), DBS Bank (“DBS”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), to form the consortium’s Trade Finance Advisory Group.

15 September 2021