Dbs news and trends

This Week in Web3: Blockchain Looks to Create, Not Just Store, Real-World Value
Blockchain // August 14, 2024

Blockchain, at this point a significant industry, perpetually appears to be on the verge of mainstream acceptance. Its promise of delivering benefits such as easier access to financial products and services, improved resilience and security, and more competition and innovation remains an attractive one. And...

DBS and Ant International Test Blockchain-Powered Treasury Management Solution
Blockchain // August 13, 2024

DBS and Ant International have launched a pilot of a blockchain-powered treasury and liquidity management solution designed to enable Ant International to reduce the settlement of intragroup transactions from days to seconds. The solution, DBS Treasury Tokens, will enable Ant International, a provider of digital...

Singapore Bank DBS Forges Stablecoin Custody Pact With Paxos
Cryptocurrency // July 02, 2024

Singapore’s DBS Bank is reportedly set to begin a custody service for stablecoin reserves. It’s part of a collaboration between the city-state’s largest lender and a local unit of cryptocurrency issuer Paxos Trust, Bloomberg News reported Tuesday (July 2), with the partnership also including cash management services. An official...

Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China
CBDC // July 07, 2023

DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. The Singapore-headquartered financial services group’s DBS China can now help its corporate clients collect payments in e-CNY, which is China’s central bank digital currency (CBDC), with automated settlement, DBS...

Interviews & Exclusives
Live More. Bank Less. Bot Smarter.

June 29, 2017
Singapore’s DBS Bank has a philosophy — Live More, Bank Less — which, at first seems like an odd mission for a multinational bank to adopt. Unless, of course, executing that strategy is about using AI and bots to make banking contextual. Kasisto Co-Founder, Dror Oren, takes PYMNTS inside the story of how smart bots helped DBS deliver on their mission.

Quick Reads
DBS and Ant International Test Blockchain-Powered Treasury Management Solution

August 13, 2024
DBS and Ant International have launched a pilot of a blockchain-powered treasury and liquidity management solution designed to enable Ant International to reduce the settlement of intragroup transactions from days to seconds. The solution, DBS Treasury Tokens, will enable Ant International, a provider of digital payment and financial services solutions, to use the digital form […]

Singapore Bank DBS Forges Stablecoin Custody Pact With Paxos

July 02, 2024
Singapore’s DBS Bank is reportedly set to begin a custody service for stablecoin reserves. It’s part of a collaboration between the city-state’s largest lender and a local unit of cryptocurrency issuer Paxos...

Singapore-Based DBS Launches Digital Yuan Merchant Collection Solution in China

July 07, 2023
DBS has launched a digital yuan (e-CNY) merchant collection solution and completed its first e-CNY transaction for a client. The Singapore-headquartered financial services group’s DBS China can now help its corporate...

Bitcoin Daily: DBS Launches Digital Asset Exchange; BitLipa Users Can Buy, Sell Crypto On Paxful;...

December 10, 2020
Financial services firm DBS announced in a press release Thursday (Dec. 10) that it is launching a “members-only” digital exchange for integrated digital asset tokenization, trading and holding. Institutional and...