DBS Bank - News, Articles & Research

Sibos 2023: What’s next for low-value cross-border payments?

The challenges and opportunities associated with low-value cross-border payments was on the agenda at Sibos on Monday as a panel of industry players explored a host of models, from correspondent banking to DLT to interlinked national systems.

18 September 2023

Company announcement/retail

DBS creates Mateverse adventure to spotlight global food waste

DBS today unveiled its metaverse concept for DBS BetterWorld, a gamified adventure to demonstrate how the metaverse can be leveraged as a force for good.

29 August 2023

Company announcement/sustainable

DBS unveils Metaverse adventure to spotlight global food waste challenge

DBS today unveiled its metaverse concept for DBS BetterWorld, a gamified adventure to demonstrate how the metaverse can be leveraged as a force for good.

25 August 2023

Company announcement/payments

DBS divests majority stake in AXS to Tower Capital Asia

DBS Bank Ltd (“DBS”) today announced that it has entered into an agreement to sell a 77.8% stake in AXS Pte. Ltd. (“AXS”) to private equity firm Tower Capital Asia.

11 July 2023

News/crypto

DBS launches merchant payment system for Chinese CBDC

Singapore's DBS has implemented a payments collection and settlement service for Chinese merchants that handles transaction in the country's retail central bank digital currency, E-CNY.

06 July 2023

News/regulation

Singapore fines banks for AML breaches in Wirecard affair

Singapore has slapped three banks and an insurer with fines for anti-money laundering breaches connected with the Wirecard scandal.

22 June 2023

News/regulation

MAS lifts DBS capital requirement following wave of outages

The Monetary Authority of Singapore (MAS) has imposed additional capital requirements on DBS, following widespread outages in March and a subsequent disruption to its digital banking and ATM services earlier this month.

11 May 2023

News/regulation

MAS to take action against DBS over "unacceptable" outage

The Monetary Authority of Singapore is to take action against DBS after its second outage in less than two years, describing the disruption to services as "unacceptable".

30 March 2023

Company announcement/retail

DBS Bank India partners with eSamudaay to propel local commerce in small towns

In line with its vision to support Indian MSMEs, DBS Bank India announced its partnership with eSamudaay today.

22 February 2023

News/crypto

DBS benefits from flight to safety by institutional crypto investors

The downturn in crypto values and multiple scandals has led to a boom in bitcoin trading at Singapore's DBS Bank, which saw volumes grow by 80% on its Digital Exchange (DDEx).

15 February 2023

News/markets

DBS completes repo transaction on JPMorgan's Onyx

DBS has become the first bank in Asia to conduct an intraday repo transaction on JPMorgan's blockchain network Onyx, using the US bank's JPM Coin digital token to complete instant settlements and maturity of the transactions within hours instead of the current industry norm of one to two working days.

23 November 2022

Company announcement/sustainable

DBS and global partners to run ClimateTech accelerator

With the risk of carbon dioxide and other greenhouse gas emissions pushing past dangerous warming thresholds, DBS together with seven partners and supporters, have committed to further build on efforts to nurture and scale the climate tech ecosystem.

08 November 2022