The prevalence of digital crimes has given urgency to the need by banks to develop cutting-edge fraud detection systems, says DBS Bank's head of legal & compliance Lam Chee Kin.
May 25, 2023The APAC Chapter is led by DBS Bank's Debra Au and Westpac's Jodie Arthur serving as co-chairs, and Napier's Robin Lee serving as vice chair.
January 13, 2023The scammers were arrested after more than SGD 60,000 was lost in SMS phishing scams targeting DBS customers.
June 10, 2022DBS plans to make access to its institutional trading desk for digital assets more convenient and to launch retail services by year-end.
February 16, 2022MAS considering “appropriate supervisory actions” following two days of digital services disruption at DBS Bank.
November 25, 2021Participants will be asked to develop and showcase solutions that improve cross-border payments, using the ISO 20022 standard and APIs.
February 22, 2021Described as "the first-of-its-kind in the world", the link will enable instant money transfers between Singapore’s PayNow and Thailand’s PromptPay.
December 8, 2020The exchange will offer trading services from fiat currencies to four of the top digital currencies in circulation, as well as capital raising through STOs.
October 28, 2020Two former employees of a crude oil products supplier allegedly created fictitious sales contracts and invoices to obtain $340mn in financing from eight banks.
June 16, 2020The individuals are charged for money laundering, bribery offences, and for using false documentation to defraud DBS into issuing letters of credit worth HK$75.3mn.
June 8, 2020