DBS
Singapore-headquartered DBS unveils metaverse adventure on ‘DBS BetterWorld’ to spotlight global food waste challenge
Singapore's biggest bank DBS unveiled on Thursday its metaverse concept for DBS BetterWorld, a gamified adventure to demonstrate how the metaverse can be leveraged as a force for…
DBS divests majority stake in AXS to Tower Capital Asia
Singaporean financial firm DBS Bank Ltd (DBS) has on Tuesday announced that it has entered into an agreement to sell a 77.8 percent stake in its payments firm AXS Pte. Ltd. (AXS)…
MAS imposes further additional capital requirement on DBS Bank for disruption of banking services
The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital…
DBS, Heritas Capital close Asia Impact First Fund with over $20M raised
Singaporean bank DBS and Singaporean investment firm Heritas Capital have on Wednesday announced the successful first close of the Asia Impact First Fund (AIFF) with over $20…
DBS to apply for crypto licence in Hong Kong – report
Singapore-headquartered DBS Group Holdings Ltd plans to apply for a license to allow it to offer crypto to Hong Kong customers, Bloomberg reported on Tuesday. “We are planning to…
Bitcoin trading volume up 80% at DBS Digital Exchange in 2022
DBS has on Wednesday reported an 80 percent year-on-year growth in the number of Bitcoin (BTC) traded on the DBS Digital Exchange (DDEx) in 2022, and a doubling in the number of…
DBS becomes first bank in Asia to complete intraday repurchase transaction on a blockchain based network
Singapore-based bank DBS announced Wednesday that it has become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase…
DBS Bank launches accelerator in partnership with World Bank, Google Cloud
Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme. The…
Singapore’s DBS completes groundbreaking industry pilot with DeFi liquidity pools
Singaporean bank DBS has become one of the first banks globally to test the trading of foreign exchange (FX) and government securities using permissioned DeFi liquidity pools on…
DBS introduces programmable money live pilot for government vouchers
Singaporean bank DBS on Monday announced a partnership with Open Government Products (OGP) to launch a live pilot where purpose-bound money-based vouchers (PBM vouchers) are…
