2021-7-3 00:00 |
Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021.
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In hopes to grow its financial products on the DBS Digital Exchange (DDex), Singapore’s DBS Bank just announced its issuance of a $11.3 million digital bond in its security token offering (STO). A security token offering is similar to that of an IPO, in that it’s a type of public offering where tokenized digital securities […]
2021-6-1 08:09 | |
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Sensing the upcoming tectonic shift in the architecture of global payments, DBS, JPMorgan, and Temasek have joined forces to develop a new blockchain-based interbank payments mechanism. Blockchain-Powered Mechanism the Need of the Hour In an official announcement made on April 27, major financial institutions such as DBS Bank, JPMorgan, and Temasek stated that they areRead More
2021-4-29 23:00 | |
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As part of a move to address the challenges with the current interbank settlement structure, JPMorgan Chase & Co. has joined forces with two Asian financial giants. The American giant is teaming up with Temasek Holdings and DBS Holdings to launch a blockchain-based platform to redefine value transmission for trade, payments, and foreign exchange settlement.
2021-4-28 17:53 | |
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Singapore-based Bank, DBS announced today that it had processed its first financial transaction using the Trusple Blockchain. This makes DBS the first bank to use Trusple blockchain solution to perform a transaction.
2021-3-16 16:00 | |
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A few months after the launch of DBS Digital Exchange, Singapore’s largest financial services provider has announced plans to launch a crypto trading platform. Investment holding Singapore Exchange has already shared that it will own 10% of the shares of the new trading platform.
2020-12-11 20:50 | |
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Singapore-based bank and financial services company, known as DBS, recently announced its intention to launch a cryptocurrency trading platform. The bank — which is currently the largest bank in South Asia by assets — is in the process of building its upcoming exchange.
2020-10-28 13:23 | |
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The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash.
2020-10-27 17:30 | |
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During a time of increased competition from within the banking sector and fintech startups, DBS Group CEO and Director Piyush Gupta helped to usher in a period of digital transformation—bringing the financial institution to the forefront of global banking leadership.
2019-11-21 01:35 | |
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At a time of extreme competition in the banking sector and a growing threat by fintech startups, DBS Group CEO Piyush Gupta helped usher in a period of digital innovation—bringing the financial institution to the forefront of global banking leadership.
2019-9-26 00:00 | |
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The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […]
2019-8-20 21:55 | |
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A weakening Chinese Yuan (Renminbi) is helping to fuel the bullish sentiment of bitcoin, according to Taimur Baig of DBS’ Singapore unit. The chief economist told Financial Times that the recent run-up in the bitcoin price took place after the People’s Bank of China (PBoC) forced the value of the renminbi below $0.
2019-8-14 17:00 | |
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Shareholder voting is getting the blockchain treatment as SWIFT announced on March 6, 2019, that they will be testing out a new blockchain-based platform for that purpose with Deutsche Bank, DBS, HSBC.
2019-3-8 18:00 | |
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The Ultimate Power Group – SWIFT Partners Up With Major Banks While SGX Begins Trials On Blockchain-Backed Voting According to SWIFT, the financial messaging juggernaut, it has officially partnered up with a range of banks across the world, as well as the Singapore Stock Exchange in order to create and subsequently test out a blockchain-based […]
2019-3-7 05:07 | |
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| Analogue Notcoin - TapSwap |
In this second Consensus 2021 episode, our guests address subtleties and niches within environmental, sustainability and governance (ESG). These range from indigenous resource allocation and tracking to building sustainable supply chains from the ground up and applying big data to consumer water conservation.