Supply chain network Infor Nexus and DBS Bank have joined forces to launch a new pre-shipment financing solution for small- to medium-sized businesses (SMBs) in India that are in the Infor Nexus supply chain ecosystem. This solution uses historical data from the Infor Nexus platform...
The Monetary Authority of Singapore and DBS Bank are running a trial of tokenized Singapore dollars that can be programmed for specific uses and allow merchants to be paid immediately. The experiment with “purpose bound money” (PBM) or programmable money is being carried out under the...
Financial institutions continue to embrace collaborations and integrations with FinTechs, but this week, U.S. Bank elevated that strategy with its FinTech acquisition. Plus, Brazil takes its next steps in open banking, and more bank-FinTech tie-ups emerge. U.S. Bank Acquires Bento Technologies As more financial institutions...
Small and medium-sized business (SMB) owners in Singapore will now be able to use facial recognition to access their DBS Bank accounts, per a report from The Straits Times. To use the software, called SingPass Face Verification, users will just have to face a camera...
August 23, 2017
Despite Tim Cook’s most enthusiastic comments that the Apple Watch is doing “great,” the figures on the ground in the U.S. indicate pretty strongly that when it comes to wearables, the mainstream American consumer is doing more shrugging than cheering. A report from eMarketer earlier in the year revised their wearables growth curve down — from […]
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 from the bank told Bloomberg this move will deepen its […]
August 18, 2023
Supply chain network Infor Nexus and DBS Bank have joined forces to launch a new pre-shipment financing solution for small- to medium-sized businesses (SMBs) in India that are in the...
