DBS

Singapore lender DBS and payment firm Ant International have agreed to deepen their existing strategic collaboration to jointly explore innovative payments, digitization and fintech solutions aimed at providing more inclusive services for regional businesses of all sizes and individual consumers.

Singapore-based lender DBS and Kinexys by J.P. Morgan are exploring the development of an interoperability framework to enable tokenized value transfers between both banks’ on-chain ecosystems – DBS Token Services and Kinexys Digital Payments.

ABC Impact, an impact investing firm backed by Temasek and a member of Temasek Trust Asset Management, has partnered with DBS and UOB on a $110 million sustainability-linked subscription loan facility.

Singaporean bank DBS, American multinational investment management Franklin Templeton and technology firm Ripple are partnering to provide accredited and institutional investors with innovative trading and lending solutions, powered by tokenized money market funds on the XRP ledger blockchain and stablecoins such as Ripple USD (RLUSD).

Singapore-based lender DBS announced Thursday it will tokenize structured notes on the Ethereum public blockchain and offer it to eligible investors on third-party digital investment platforms and digital exchanges.

Live commerce, otherwise known as livestream shopping, is growing into a major sales channel in Singapore, with the market set to generate up to $1.3 billion in sales this year, according to new research by DBS.

Singapore-based lender DBS announced Tuesday that it is democratizing coaching for its workforce with the launch of iCoach, a generative AI-powered (Gen AI) platform developed in collaboration with Marshall Goldsmith, one of the world’s top executive coaches.

As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, DBS and UOB have jointly provided a landmark IDR 6.7 trillion ($413 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia.

The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral have on Wednesday signed a Memorandum of Understanding (MoU) to embark on quantum security collaboration and study the application of Quantum Key Distribution (QKD) in financial services.

Singaporean bank DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with fintech firm Ant International.