SINGAPORE
The Development Bank of Singapore (DBS) is open for both the impending entrance of digital currencies and other further mergers and acquisitions (M&A) – opportunities that come streaming following its Citi Taiwan integration.
In a speaking session moderated by Asian Banking & Finance’s editor-in-chief, Tim Charlton, DBS Managing Director, Sanjoy Sen affirmed that as Singapore’s largest bank by assets, DBS is prepared for the various digital transformations taking place in the industry. “We have spent years and years, and billions of dollars re-architecting our core banking,” Sen, who is also the group head of consumer banking at DBS, said at the Asian Banking & Finance Summit 2023 held at Sofitel Singapore City Centre last 8 September.
Sen stressed the inherent nature of DBS as a technology-enabled bank, and its awareness of the necessity to craft a digital product from a customer’s perspective.
ãã®èšäºã¯ Asian Banking & Finance ã® Issue 112 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Asian Banking & Finance ã® Issue 112 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
OCBC triples quantum tech workforce to enhance cybersecurity measures
The Singapore bank expects significant tech advancements in the next five to 10 years.
NETS adds inventory features to payment terminals for Singapore retailers
It is using data from its payment system to help businesses improve operations.
Japanese banks seek M&A deals overseas
Japan's biggest banks pursued mergers and acquisitions (M&A) of local and foreign fintech firms in the second half of 2024 in search of better revenue, as the yen sank to a 34-year low amidst relaxed regulations.
BTN Prioritas wins prestigious international award - Retail Banking Awards
It was awarded the Customer Experience Initiative of the Year - Indonesia for PLUS by BTN Prioritas.
Singapore's top central banker touts potential of asset tokenisation
The tech must be regulated, which can be a challenge.
BTN Wins Award at ABF Wholesale Banking Awards 2024
PT Bank Tabungan Negara (Persero) Tbk (BTN) won an award at the Asian Banking & Finance (ABF) Wholesale Banking Awards 2024 on Thursday, July 4, 2024.
The way forward-GXBank leads the charge in transforming the local banking scene
Whilst digital banking in Malaysia is still in its infancy, there is no doubt that it can act t as a bridge to offer services or lack thereof-to those who are financially underserved.
Unlocking global expansion with Payoneer's seamless and reliable payments solutions
Payoneer empowers small and medium-sized businesses (SMBS) worldwide, simplifies global commerce, and enables entrepreneurs to grow with confidence and ease through its cross-border payment solutions.
Can Asian banks weather the profit squeeze in 2025?
Banking profits are expected to remain under pressure in many Asian markets in 2025, with lenders likely to post Bunder pressure either modest improvements or manageable declines, according to analysts.
China's payment system gets boost from renminbi rise
Cross-border renminbi use for trade in services grew 22.3% YoY to $165b.
