MAS orders DBS Bank and Citibank to investigate banking services disruption
The banks were unable to recover their systems within the allotted time following a service outage in Singapore.
The banks were unable to recover their systems within the allotted time following a service outage in Singapore.
The bank has struck an agreement this week to sell a 77.8% stake in AXS to the private equity firm.
“Meaningful innovation is the true litmus test,” says DBS’ Shee Tse Koon.
The solution will be available on all DBS Mastercard, Visa and American Express credit cards.
Panel says interoperability of CBDCs is necessary to avoid inefficiencies and poor outcomes.
The platform will start by facilitating flows between Singapore-based banks.
The partnership is one of a line of joint projects between Infor and DBS.
The bank partnered with the Transport Corporation of India.
The agreement will see an expanded version of Avaloq Banking Suite deployed in Singapore.
Innovators are drawing battle lines that banks need to meet, says panel.
The new scheme is supported by a handful of collaborators.
Singapore entity launches wholly owned subsidiary DBS Bank India Limited.
From Australian farmers, to Singapore and beyond.
Features DBS Bank, Xero, WeChat Pay and Bank of America Merrill Lynch.
First insurer to integrate with MyInfo, a digital data vault launched by the GovTech and the Ministry of Finance.