Problem with access control servers . On the 24th of November DBS Singapore suffered an outage, which the bank identified as a problem with our access control servers and this is why many of you have been unable to log in. Tse Koon, DBS Singapore Country Head said that the…
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DBS to join Hedera Governing Council and Run Network Node
Explore further opportunities and potential use cases to leverage blockchain. Southeast Asia Bank, DBS has joined the Hedera Governing Council, the group of diverse organisations responsible for stewarding the Hedera network – the most used, sustainable, enterprise-grade public network for the decentralised economy. The Hedera Governing Council comprises heavyweights in the…
Read MoreDBS marks new milestones for its asset digitalisation strategy
DBS Vickers receives in-principle regulatory approval under the Payment Services Act. DBS today marked steady progress in executing on its asset digitalisation strategy, announcing a series of milestones achieved across its franchise: DBS Vickers (DBSV), the brokerage arm of DBS Bank, has received in-principle approval from the Monetary Authority of…
Read MoreDBS offers security token on DBS Digital Exchange
Facilitates a new avenue for issuers, investors and dealer banks to interact digitally. Financial institution, DBS has priced an SG$15 million digital bond, marking it one of DBS Digital Exchange’s (DDEx) first Security Token Offering (STO). The DBS Digital Bond, which comes with a six-month tenor and coupon rate of…
Read MoreDBS recruits women for engineering jobs
Concerted push to improve female representation in engineering roles. Singaporean multinational banking and financial services, DBS is focusing on five engineering roles for women, including engineering lead; solution architect; reactJS developer; full stack developer; and software development engineering in test. Soh Siew Choo group dead of big data/AI and consumer…
Read MoreDBS Hong Kong gears up digital innovation
Intelligent banking on-the-go with the enhanced DBS digibank HK app. DBS Hong Kong is doubling down on its digital banking capabilities amid surging digital adoption under the new normal. As part of the bank’s continuous efforts to redefine banking, the overarching strategy. This is DBS digibanking’ remains on the forefront…
Read MoreDBS fortifies NAV Planner with AI-powered investment advisory feature
Part of ongoing efforts to democratise access to wealth management services. DBS Bank has added an AI-powered financial and retirement planning tool NAV Planner, which will provide specific investment recommendations that are tailored to their investment profile. The bank has adopted a multi-dimensional approach to help investors determine their investment…
Read MoreDBS launches in housing training
Incorporating a blended pedagogical approach tapping on both external experts as well as internally developed content and certifications. DBS has launched an in-house digital training institute to keep its 5,000-strong technology workforce updated with the most cutting-edge skills for the future. Dubbed the DBS Future Tech Academy, the training institute…
Read MoreDBS Bank Indonesia introduces contactless banking
Providing digital services for a wide array of financial and investment solutions. DBS Bank Indonesia has recognised the need for more secure and convenient digital transactions in the new investment climate. The Bank provides contactless investment transaction services in the form of phone on instruction and an array of wealth…
Read MoreDBS adopts IBM mainframes
Bank sees more opportunities in digital initiatives It has been reported in several media sources that DBS adopted IBM’s next generation mainframe family, the z15. IBM’s z15 single-frame and multi-frame systems deliver “security, privacy and resiliency at scale as part of your enterprise-wide cloud infrastructure”, according to the vendor. IBM…
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