Page 8 - Dbs News Today

Discover how Capitainers quantitative DBS technology is transforming the clinical utility of dried blood spots

Singapore News - UOB, OCBC and DBS Bank customers can lock up funds in their bank accounts to block the money from any digital transaction starting this week. The feature,

SINGAPORE — DBS, OCBC and UOB on Monday (Nov 27) announced new money-locking features for customers to guard against scams.

Getting a small- and medium-sized enterprise (SME) to become greener is not easy but banks have a responsibility to help, says DBS’ chief sustainability officer in this episode of The Climate Conversations podcast.

They say money makes the world go round and financial institutions are critically tied to businesses. But how does climate change come into the decision-making process? Julie Yoo sits down with Helge Muenkel, DBS chief sustainability officer, to discuss how banks make tough decisions on who gets money.

The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank.

SINGAPORE: A 16-year-old was among five people arrested for their suspected involvement in scam cases, following a week-long raid against money mule activities in early November. Officers from the Commercial Affairs Department conducted the islandwide operation

On Oct 14, DBS and Citi banking services were disrupted due to a technical failure in one data centre. When outages can bring daily life in Singapore to a halt, they become more than an inconvenience, says S Rajaratnam School of International Studies’ Benjamin Ang.

That two banks went offline because of a technical failure in one data centre shows the vulnerability of critical infrastructure. It’s a warning of what could happen in an intentional attack on Singapore’s systems, says S Rajaratnam School of International Studies’ Benjamin Ang.

DBS CEO Piyush Gupta also addressed the recent banking disruptions.