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...
DBS Bank, in conjunction with SWIFT Global Payments Innovation, is offering up-to-the-minute online tracking for cross-border payments, the company announced in a Monday (Sept. 13) press release. In all, roughly 4,000 corporate and small business customers in India, Singapore, Hong Kong, China, Taiwan, Indonesia and...
Today in B2B payments, Novo enhances its functionality for small businesses, DBS completes a blockchain trade finance transaction, and upSWOT secures funding for its SMB banking technology. Plus, Batumbu lands a digital lending license, and global banks improve their outlook. Novo Rolls Out Invoicing, Budgeting...
DBS closed a trade financing transaction valued in excess of $40,000 on AntChain’s Trusple international trade and financial services system. The deal was closed for Singapore’s iQuartz, which produces, fabricates and distributes “quartz stone” materials to clients in Singapore and the United States, according to...
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.
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 […]
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...
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...
October 27, 2020
Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. HIVE Blockchain Technologies, Riot Blockchain and Marathon Patent Group are on the uptick, according to...
