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On 15 April 2010, DBS Bank launched digibank to both DBS and POSB customers. It allows customers to view their banking and credit card accounts, transfer funds and pay bills via their mobile phones. Customers using digibank will be protected by DBS Bank's 'money-safe' guarantee.
In 1974, the bank was transferred to become part of the Ministry of Finance and Credit POSB Pte Ltd was established in the same year to provide custom-tailored loans relating to HDB housing ownership. By 1976, POSB had one million depositors, while deposits crossed the S$1 billion mark.
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
India’s first digital bank, Digibank, is allegedly closing accounts involved in cryptocurrency-related activity. The claim was made by Twitter user “Indian CryptoGirl” (@Desicryptohodlr) in ...
On September 11, 2017, DBS Bank Ltd (DBS) successfully completed the acquisition of Australia and New Zealand Banking Group's retail and wealth business in Hong Kong. [7] On 2 February 2024, DBS Bank (Hong Kong) Limited announced the opening of its new DBS Treasures Centre at 18 Queen's Road Central. The new centre, spanning approximately ...
A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes. Ultimately, a digital bank ...
Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore: 509.1 2 OCBC Bank Singapore: 402.2 3 United Overseas Bank Singapore: 340.7 4 Maybank Malaysia: 213.2 5 CIMB Malaysia: 149.3 6 Bangkok Bank Thailand: 130.7 7 Kasikornbank Thailand: 124.3 8 Bank Mandiri Indonesia: 121.1 9 Bank Rakyat Indonesia Indonesia: 117.7 10 Public Bank ...
DBS Bank, a Singaporean multinational bank; DBS Radio, the on-air name of the Dominica Broadcasting Corporation; Disclosure and Barring Service, United Kingdom public body; Den Beste Sykkel, a Norwegian bicycle brand and manufacturer; Donga Broadcasting System, a defunct South Korean radio station