Manipal Hospital Sarjapur Road has launched a dedicated Deep Brain Stimulation (DBS) Clinic, offering comprehensive care for patients with advanced movement disorders and psychiatric conditions. The clinic provides a one-stop solution for patients with Parkinson’s disease, tremor, dystonia, epilepsy, and Obsessive-Compulsive Disorder (OCD). A multidisciplinary team of specialists works together to deliver evaluation, DBS surgery, and long-term programming under one roof.

The DBS Clinic is designed to provide personalized care to patients, allowing them to interact directly with doctors and therapists. Patients can undergo detailed assessments, advanced DBS surgery, and post-operative programming tailored to their specific needs. The clinic aims to improve the quality of life for patients who have not responded to medication alone. With around 15 successful DBS procedures performed in the last two years, Manipal Hospital Sarjapur Road has established itself as a reputable center for DBS treatment.

The DBS Clinic operates on a weekly schedule, every Wednesday, and offers dedicated consultation slots for patients and caregivers. During these sessions, patients can discuss their eligibility for DBS, understand the potential risks and benefits, and clarify their expectations from the surgery. The clinic’s goal is to provide comprehensive care and support to patients, enabling them to make informed decisions about their treatment.

The launch of the DBS Clinic at Manipal Hospital Sarjapur Road marks a significant development in the field of neurology and psychiatry. The clinic’s multidisciplinary approach and state-of-the-art facilities make it an ideal destination for patients seeking advanced care for movement disorders and psychiatric conditions. With its patient-centric approach and commitment to delivering high-quality care, the DBS Clinic is poised to make a positive impact on the lives of patients and their families. By providing a one-stop solution for DBS treatment, the clinic aims to improve patient outcomes and enhance their overall quality of life.

A groundbreaking consensus has been reached among leading experts in neurology and neurosurgery on the optimal referral criteria for Parkinson’s disease patients considered for deep brain stimulation (DBS) surgery. The recommendations, published in the journal npj Parkinson’s Disease, provide a comprehensive framework for refining patient selection, enhancing surgical outcomes, and streamlining multidisciplinary care pathways. Parkinson’s disease affects millions worldwide, and while pharmacological treatments are often the standard of care, they can become insufficient as the disease progresses. DBS offers a neuromodulatory therapeutic avenue that targets specific brain circuits to alleviate symptoms, but it is not a one-size-fits-all solution, making the selection process critical.

The consensus arises from a rigorous synthesis of cutting-edge clinical research, expert clinical experience, and patient-centered considerations. The recommendations emphasize tailoring decisions to individual symptomatology, disease stage, cognitive status, and comorbidities, moving beyond arbitrary timelines or single symptom thresholds. Early identification of DBS candidates is essential for improving long-term functional outcomes, and the consensus advocates for proactive screening within specialized Parkinson’s centers. The guidelines also highlight the importance of refining preoperative evaluation protocols, including multimodal imaging techniques and wearable sensor data, to optimize patient candidacy assessment.

The consensus framework advocates for a multidisciplinary care team approach, including neurologists, neurosurgeons, neuropsychologists, nurses, physical therapists, and social workers. This team-based model facilitates holistic management, encompassing medication adjustments, neurostimulation parameter optimization, rehabilitation, and psychosocial support. The practical implications of this consensus extend to healthcare systems and policy makers, with recommendations for standardizing referral criteria and care pathways to reduce variability in access and outcomes.

The guidelines also emphasize the importance of ongoing education for community neurologists and primary care providers, who frequently serve as gatekeepers. The consensus acknowledges emerging innovations, such as closed-loop DBS systems and adaptive neurostimulation, and calls for ongoing research to define indications and timing for next-generation devices. The guidelines emphasize ethical considerations related to informed consent and decision-making autonomy, advocating transparent communication about expected benefits, risks, and uncertainties.

In conclusion, the consensus expert recommendations provide a refined, evidence-based roadmap for referring Parkinson’s disease patients for DBS surgery, integrating advanced neuroscience with patient-centered care. The guidelines seek to optimize therapeutic outcomes, reduce health disparities, and stimulate innovation in the evolving field of neurostimulation. With over a dozen global Parkinson’s centers participating in the expert panel, the consensus embodies a truly international effort grounded in deep clinical expertise and scientific rigor, setting the stage for improved patient outcomes and enriched understanding of Parkinson’s disease neurobiology.

As the NFL season comes to a close, teams are already looking ahead to the offseason and preparing for free agency. A recent list has identified the top 40 free agents, and surprisingly, two defensive backs from the Kansas City Chiefs have made the cut. The list highlights the top players who are set to become free agents, and it’s no surprise that the Chiefs’ defensive backs are among them.

The two Chiefs DBs who made the list are Juan Thornhill and Andrew Wylie. Thornhill, a safety, has been a key player for the Chiefs’ secondary, known for his athleticism and ball-hawking skills. Wylie, a cornerback, has also been a valuable contributor to the team’s defense, providing depth and versatility. Both players have been instrumental in the Chiefs’ success, and their potential departure could leave a significant gap in the team’s defense.

The list of top 40 free agents is dominated by offensive players, with 24 of the top 40 spots going to players on that side of the ball. However, the inclusion of Thornhill and Wylie highlights the importance of defensive players in the NFL. The Chiefs will likely try to retain both players, but they may face competition from other teams looking to bolster their defenses.

The free agency period is set to begin in March, and teams will have the opportunity to sign players to new contracts. The Chiefs will need to decide whether to prioritize re-signing Thornhill and Wylie or pursue other options in free agency. The team’s front office will have to weigh the costs and benefits of keeping the two defensive backs, considering factors such as salary cap space and the team’s overall needs.

The inclusion of Thornhill and Wylie on the list of top 40 free agents is a testament to the Chiefs’ strong roster and the team’s ability to develop talent. The Chiefs have a reputation for identifying and developing young players, and the success of Thornhill and Wylie is a prime example of this. As the team looks to the future, they will need to balance their desire to retain key players with the need to manage the salary cap and build a competitive roster. With the free agency period just around the corner, the Chiefs and their fans will be watching closely to see what the future holds for Thornhill and Wylie.

DBS Bank Ltd has released a report on S-REITs (Singapore Real Estate Investment Trusts), predicting a multi-year earnings upgrade cycle from 2026 to 2027. The report cites lower interest rates as a key driver, with refinancing tailwinds expected to boost distributions per unit (DPUs). The sector is anticipated to experience a rotation in preferences, with Office, Industrial, Retail, and Hotels ranked in that order. Grade A office and industrial/logistics/data centers are expected to show the strongest upside due to supply scarcity and robust demand.

The report notes that valuations remain attractive, with a price-to-book ratio of 0.9x and a forecasted yield of 5.7% for FY26F. This presents a 3.7% spread over the 10-year bond yield, making it a compelling re-entry point for investors. Lower interest rates have also led to a resurgence in acquisition activities, with S-REITs pursuing accretive deals in Singapore and developed markets.

DBS Bank Ltd’s top picks for 2026 include CICT, MLT, CLAR, PREIT, and mid-cap names like LREIT, CAREIT, NTTDCR, and CLAS. These S-REITs are expected to benefit from liquidity uplift and clear catalysts. However, the report also highlights key risks, including a more hawkish Federal Reserve and potential global recession, which could reverse the positive interest rate environment.

The report is positive on the sector outlook, citing historical data that shows positive 12-month returns for S-REITs at current valuation levels. Additionally, MAS initiatives to improve market liquidity and narrow yield gaps between large-cap and mid-cap REITs are expected to be additional catalysts. Overall, the report suggests that S-REITs are poised for a strong performance in 2026, driven by favorable interest rates and fundamentals. Clients of DBS Bank Ltd can access the full report on the bank’s website.

According to Taimur Baig, Managing Director and Chief Economist at DBS Group, India’s equity markets may have appeared lackluster in 2025, but the groundwork has been laid for a stronger 2026. Baig believes that the economy is setting up for faster growth and healthier earnings, with a longer-term view showing a more optimistic outlook. Despite weak equity returns, the capital market activity in 2025 was stronger in terms of per-deal revenue, which is a more important indicator of future earnings.

Baig expects India’s nominal GDP growth to rise to 10% in 2026, up from 9.2% in 2025, which could translate into double-digit corporate earnings growth by 2026-27. Financial companies are expected to be among the biggest beneficiaries as borrowing sentiment improves and net interest margins expand. However, global uncertainty, particularly the United States, remains a key challenge. Baig emphasizes the need for India to diversify away from overdependence on the US market and explore other regions such as the Middle East, Europe, and East Asia for exports, technology sourcing, and deal-making.

Baig also sees non-US regions becoming increasingly important for Indian businesses, with the Middle East, Europe, and East Asia emerging as key partners. He notes that Indian venture capitalists and industrialists are actively scouting opportunities in markets such as Seoul and Tokyo. On foreign private equity exits from India, Baig takes a contrarian view, seeing them as evidence of market maturity and a sign that patient capital is being rewarded.

Furthermore, Baig highlights the rise of cutting-edge technology coming out of China, citing breakthroughs in drug discovery, gene therapy, and protein folding. He believes that geopolitical constraints on China’s engagement with the US could make it a more open and competitive partner for India, leading to better terms for technology transfer and joint ventures. This could add another structural tailwind to India’s medium-term growth story. Overall, Baig’s outlook for India’s economy and equity markets is optimistic, with a focus on the underlying economic momentum and the potential for faster growth and healthier earnings in the coming years.

KIMS Hospitals in Thane has introduced Deep Brain Stimulation (DBS) surgery for the treatment of advanced Parkinson’s disease. This innovative procedure aims to provide relief to patients suffering from severe symptoms of the disease. Parkinson’s disease is a neurodegenerative disorder that affects movement, causing symptoms such as tremors, stiffness, and difficulty with balance and coordination.

DBS surgery involves implanting a small device called a neurostimulator in the brain, which delivers electrical impulses to specific areas of the brain that control movement. This helps to regulate abnormal brain activity and alleviate symptoms of Parkinson’s disease. The procedure is typically recommended for patients who have not responded well to medication or have experienced significant side effects from medication.

The introduction of DBS surgery at KIMS Hospitals in Thane marks a significant milestone in the treatment of Parkinson’s disease in the region. The hospital’s team of expert neurosurgeons and neurologists have undergone extensive training in DBS surgery and have access to state-of-the-art equipment and facilities. Patients undergoing DBS surgery at KIMS Hospitals can expect to receive personalized care and attention from a multidisciplinary team of healthcare professionals.

The benefits of DBS surgery for Parkinson’s disease are numerous. The procedure has been shown to significantly improve motor symptoms, reduce medication side effects, and enhance quality of life. Patients who have undergone DBS surgery have reported improved mobility, reduced tremors, and increased independence. Additionally, DBS surgery can help reduce the risk of complications associated with long-term medication use, such as dyskinesia and motor fluctuations.

The introduction of DBS surgery at KIMS Hospitals in Thane is expected to benefit a large number of patients suffering from advanced Parkinson’s disease in the region. The hospital’s commitment to providing cutting-edge medical technology and expert care makes it an ideal destination for patients seeking effective treatment for this debilitating disease. With the availability of DBS surgery, patients in Thane and surrounding areas can now access a new and innovative treatment option that has the potential to significantly improve their quality of life.

The Children and Families Agency in Japan has finalized guidelines for a child-protection system, similar to Britain’s Disclosure and Barring Service (DBS), which will enable employers to check the sex crime records of prospective teachers and care workers. The system, set to take effect in December 2026, aims to prevent sex offenders from working with children. The guidelines clarify the types of businesses that are obliged to use the system, including schools, certified child day care centers, and kindergartens, as well as those that can use it voluntarily, such as unlicensed nursery facilities, cram schools, and sports clubs.

The system will allow employers to retract job offers or reassign workers to non-children tasks if they have a history of sex crimes. Businesses will be required to take measures to detect harm to children, investigate incidents, and manage the information acquired. The guidelines also specify that businesses cannot check for sex crimes if 20 years have elapsed since the completion of the custodial sentence, and only certain types of crimes, such as non-consensual sexual intercourse and child prostitution, can be checked.

The guidelines provide boundaries for businesses in the voluntary category, including teaching children, having multiple instructors, and continuing activities with the same child for more than six months. Individual babysitters and private tutors can be checked if they are dispatched by job-placement agencies, and school bus drivers can be checked if they work alone without attendant staff. The guidelines also outline actions that can be considered inappropriate behavior, such as unnecessary trips alone with a child or exchanging contact information for private conversations.

To ensure the effectiveness of the system, the guidelines recommend the use of security cameras for early detection of misconduct or as a deterrent. The agency encourages operators and parents to discuss the installation of such cameras. The introduction of the DBS system in Japan is a significant step towards protecting children from sex offenders and ensuring their safety in various settings. The guidelines provide a clear framework for businesses to follow, and the system is expected to take effect in December 2026.

The article from FinanceFeeds explores the safety and security of DBS Crypto Wallet for institutional and high-net-worth investors. DBS, a Singapore-based bank, launched its cryptocurrency trading platform, DBS Digital Exchange, in 2020, which includes a crypto wallet for storing and managing digital assets. The platform is designed to provide a secure and reliable way for institutional and high-net-worth investors to trade and store cryptocurrencies.

To assess the safety of DBS Crypto Wallet, the article highlights several key factors:

1. Regulatory compliance: DBS is a licensed and regulated bank in Singapore, which provides an additional layer of security and trust. The bank is subject to strict regulatory requirements and guidelines, ensuring that it maintains high standards of security and risk management.
2. Security measures: DBS Crypto Wallet employs robust security measures, including multi-layered encryption, secure key management, and strict access controls. The platform also uses cold storage solutions to store the majority of its assets, reducing the risk of hacking and unauthorized access.
3. Insurance coverage: DBS provides insurance coverage for its crypto assets, which protects investors against losses due to theft, hacking, or other security breaches.
4. Auditing and compliance: DBS undergoes regular audits and compliance checks to ensure that its crypto platform and wallet meet the required standards of security and risk management.
5. Institutional-grade infrastructure: DBS Crypto Wallet is built on institutional-grade infrastructure, which provides a high level of scalability, reliability, and performance.

The article concludes that DBS Crypto Wallet is a safe and secure option for institutional and high-net-worth investors. The platform’s robust security measures, regulatory compliance, and insurance coverage provide a high level of protection for investors’ assets. Additionally, DBS’s reputation as a trusted and established financial institution adds to the platform’s credibility and reliability.

However, the article also notes that investing in cryptocurrencies carries inherent risks, and investors should always conduct their own research and due diligence before investing. Furthermore, the article suggests that investors should consider factors such as market volatility, liquidity, and regulatory changes when investing in cryptocurrencies.

Overall, DBS Crypto Wallet appears to be a secure and reliable option for institutional and high-net-worth investors looking to trade and store cryptocurrencies. The platform’s robust security measures, regulatory compliance, and insurance coverage provide a high level of protection for investors’ assets, making it an attractive option for those looking to invest in the cryptocurrency market.

Crypto.com, a leading cryptocurrency platform, has announced an expansion of its partnership with DBS Bank, the largest bank in Southeast Asia. The collaboration aims to enhance the deposit and withdrawal options for Crypto.com users in Singapore, allowing them to transfer SGD and USD more easily and efficiently. This partnership is a significant development for Crypto.com, as Singapore is the company’s headquarters and a critical hub for its growth strategy.

Through this partnership, Crypto.com users in Singapore will be able to use unique virtual accounts to deposit and withdraw SGD and USD, making transactions faster and more convenient. The new deposit and withdrawal capabilities are designed to strengthen Crypto.com’s regulated fiat payment offering, simplify access to its products and services for local users, and advance crypto adoption across Asia.

The partnership is also significant because it operates under the regulatory framework of the Monetary Authority of Singapore (MAS), ensuring that all transactions are secure and compliant with local regulations. According to Karl Mohan, EVP of Financial Services at Crypto.com, the new capabilities will enhance the overall user experience and provide a more seamless way for users to engage with the platform.

Chin Tah Ang, General Manager Singapore at Crypto.com, noted that working with DBS allows the company to expand its provision of seamless SGD and USD transfers for its users. This partnership is a testament to Crypto.com’s commitment to providing innovative and user-friendly services to its customers, while also ensuring regulatory compliance.

Overall, the expanded partnership between Crypto.com and DBS Bank is a positive development for the cryptocurrency industry in Singapore, and is expected to contribute to the growth of crypto adoption in the region. With its enhanced fiat payment capabilities, Crypto.com is well-positioned to continue to innovate and expand its services, providing a more seamless and convenient experience for its users.

The Anudip Foundation, in partnership with DBS Bank India, has launched a DeepTech Training Centre in Maharashtra. This initiative aims to equip underprivileged youth with skills in emerging technologies such as artificial intelligence, data science, and cybersecurity. The centre will provide training and employment opportunities to young individuals from marginalized communities, enabling them to secure better-paying jobs and improve their socio-economic status.

The DeepTech Training Centre is part of the Anudip Foundation’s efforts to bridge the skills gap in the technology industry. The foundation has been working towards empowering underprivileged youth by providing them with market-relevant skills and connecting them with potential employers. DBS Bank India’s support for this initiative is a testament to the bank’s commitment to giving back to the community and promoting digital inclusion.

The training centre will offer a range of programs, including certification courses in AI, data science, and cybersecurity. The curriculum will be designed to provide hands-on experience and practical skills, enabling students to apply their knowledge in real-world scenarios. The centre will also provide mentorship and career guidance to students, helping them to navigate the job market and secure employment.

The partnership between Anudip Foundation and DBS Bank India is expected to have a significant impact on the lives of underprivileged youth in Maharashtra. By providing access to quality education and training, the initiative will help to reduce unemployment and promote economic growth in the region. The centre will also contribute to the development of a skilled workforce, which is essential for India’s growing technology industry.

The launch of the DeepTech Training Centre is a significant milestone in the Anudip Foundation’s mission to empower underprivileged youth. With the support of DBS Bank India, the foundation is well-positioned to make a positive impact on the lives of thousands of young individuals. The initiative is a shining example of how partnerships between non-profit organizations and corporates can drive social change and promote economic development.

In conclusion, the Anudip Foundation and DBS Bank India’s DeepTech Training Centre is a groundbreaking initiative that has the potential to transform the lives of underprivileged youth in Maharashtra. By providing access to quality education and training in emerging technologies, the centre will help to bridge the skills gap and promote economic growth in the region. The partnership is a testament to the power of collaboration and social responsibility, and is expected to have a lasting impact on the community.

According to DBS Bank, the trend of diversification away from the US is gaining momentum. This shift is driven by various factors, including the ongoing trade tensions, rising protectionism, and the increasing attractiveness of alternative markets. As a result, investors and businesses are looking beyond the US to expand their portfolios and operations.

One of the primary drivers of this trend is the trade war between the US and China. The ongoing tensions have led to increased uncertainty and volatility, causing investors to seek more stable and predictable environments. Additionally, the rising protectionism in the US, exemplified by the “America First” policy, has made it less attractive for foreign investors.

In contrast, other regions, such as Asia, are becoming increasingly appealing. The region’s growing economies, large consumer markets, and favorable business environments are attracting investors and businesses. Countries like China, India, and Southeast Asia are experiencing rapid growth, driven by urbanization, digitalization, and innovation.

DBS Bank notes that this diversification trend is not limited to trade and investment. It is also evident in the financial sector, where investors are seeking alternative currencies and assets to the US dollar. The bank expects this trend to continue, driven by the growing economic influence of emerging markets and the increasing importance of regional trade agreements.

The bank’s analysis suggests that the diversification away from the US is a long-term trend, driven by fundamental shifts in the global economy. As the world becomes more interconnected, investors and businesses are recognizing the opportunities and benefits of expanding beyond traditional markets. The trend is expected to have significant implications for global trade, investment, and economic growth.

In conclusion, DBS Bank’s assessment highlights the accelerating trend of diversification away from the US. Driven by trade tensions, rising protectionism, and the attractiveness of alternative markets, investors and businesses are seeking opportunities beyond the US. As the global economy continues to evolve, this trend is likely to have far-reaching implications for trade, investment, and economic growth. The shift towards more diversified portfolios and operations is expected to benefit emerging markets, particularly in Asia, and contribute to a more multipolar global economy.

Singapore is facing a scam epidemic, with billions of dollars lost since 2020. However, there are frontline heroes who are fighting against these scams and protecting vulnerable customers. One such hero is Fionice Teoh, a pregnant DBS banker who foiled a $200,000 scam. Teoh, who was 38 weeks pregnant at the time, noticed that an elderly woman was constantly on her phone, following instructions from unknown parties. She became suspicious and delayed the withdrawal, alerting DBS’s anti-scam team.

The woman had been manipulated into believing that her cash needed to be “examined” for money laundering and was being controlled by scammers who were impersonating officials. Despite the woman’s initial hostility and frustration, Teoh’s persistence bought time for the authorities to intervene. It was later discovered that the victim had already withdrawn $12,000 elsewhere. The scammers had been exploiting the woman’s fear and trust in authority, pressuring her into secrecy and controlling her every move.

The scale of the scam problem in Singapore is staggering, with more than $4 billion lost since 2020. Impersonation scams alone have drained $151.3 million in 2024. The authorities have responded with harsher penalties, including caning, to deter offenders. However, laws alone cannot stop scams, and frontline vigilance is crucial in preventing these crimes. Bank tellers and staff like Teoh play a vital role in detecting and preventing scams, often putting themselves in difficult situations and facing hostility from victims who are confused and distrustful.

Teoh’s intervention saved the woman’s life savings, and the victim later returned to thank her with chocolates. This small gesture highlights the human cost of scams and the quiet heroism of those who stop them. Teoh’s bravery and quick thinking are an inspiration, and her story underscores the importance of frontline staff in the fight against scams. Her actions demonstrate that even in the face of hostility and adversity, one person can make a difference and prevent a scam from succeeding.

A remarkable story of vigilance and dedication to protecting vulnerable individuals from scams has emerged from Singapore. On December 24, 2024, a 70-year-old woman visited the DBS Century Square branch, demanding to withdraw $190,000 in cash. The woman, who was being coached by a scammer over the phone, became agitated and verbally abusive when the bank refused to allow the withdrawal due to suspicions of a scam.

Assistant service manager Fionice Teoh, who was 38 weeks pregnant at the time, calmly and professionally handled the situation, despite the woman’s abuse. Teoh alerted the bank’s anti-scam team, and after two hours of convincing, the woman finally left the bank. The police’s Anti-Scam Centre was contacted, and Deputy Superintendent Benedict Ng visited the woman’s home, discovering that she had already withdrawn $12,000 from another branch and was about to hand it over to the scammers.

The scammers had convinced the woman that they were banking personnel and law enforcement officers, and that they needed to examine her cash as part of a money laundering investigation. Ng spent an hour convincing the woman that it was a scam, and she was relieved to learn the truth. Thanks to the quick thinking and actions of Teoh and Ng, the woman avoided losing over $200,000 of her life savings.

This incident highlights the importance of vigilance and education in preventing scams. Since 2020, victims in Singapore have lost about $4 billion to scams, with 1,504 cases of government official impersonation scams reported in 2024 alone. Laws have been passed to cane scammers, and banks are continually fine-tuning their safeguards to protect customers. The public is advised to add security features like the ScamShield app, verify the identity of callers or senders, and lodge police reports in case of suspected scams. As Ng noted, every successful intervention means a family keeps their savings, or someone’s future remains secure.

In a remarkable display of dedication and quick thinking, a pregnant bank employee in Singapore, Fionice Teoh, helped prevent a 70-year-old woman from losing over $200,000 to a scam. The incident occurred on December 24, 2024, when the woman, who was being coached by a scammer over the phone, attempted to withdraw $190,000 in cash from a DBS bank branch. Teoh, who was 38 weeks pregnant and on one of her final shifts before maternity leave, suspected that the woman was a scam victim and alerted the bank’s anti-scam team.

Despite being verbally abused by the woman for almost two hours, Teoh remained calm and professional, reminding herself that her job was not just about transactions, but also about protecting vulnerable customers. The woman’s behavior raised several red flags, including her agitation, inconsistent stories, and refusal to make eye contact. Teoh suggested that the woman return the next day, buying time for the bank’s anti-scam team and the authorities to intervene.

Deputy Superintendent Benedict Ng from the police’s Anti-Scam Centre visited the woman’s home that night and discovered that she had already withdrawn $12,000 from another branch and was about to hand it over to the scammers. The scammers had convinced her that they were banking personnel and law enforcement officers, and that they needed to examine her cash as part of a money laundering investigation. Ng spent about an hour convincing the woman that she was a victim of a scam, and she was eventually relieved to learn the truth.

The incident highlights the importance of vigilance and quick action in preventing scams. Teoh and Ng’s efforts helped the woman avoid losing her life savings, and she later returned to the bank to thank them with a bag of chocolates. The case also underscores the need for the public to be aware of the dangers of scams and to take steps to protect themselves, such as using security features like the ScamShield app and verifying the identity of callers or senders.

In Singapore, scams have resulted in losses of over $4 billion since 2020, with government official impersonation scams being a common type of scam. Laws have been passed to cane scammers, with a maximum of 24 strokes depending on the severity of the offence. Banks and financial institutions are also working to strengthen their defenses and enhance their security tools to empower customers to bank safely and with confidence.

DBS, Singapore’s largest bank, has been recognized as the Global Bank of the Year by The Banker, a publication of the Financial Times. This marks the third time DBS has received this award, having previously won in 2018 and 2021. In addition to the global award, DBS also received several regional and category-specific awards, including Asia Bank of the Year, Singapore Bank of the Year, Asia-Pacific Investment Bank of the Year, and Investment Bank of the Year for Financial Institutions Group.

The awards given by The Banker are based on an assessment of financial institutions’ financial performances, technological innovation, sustainability initiatives, and service to clients. DBS’ noteworthy investment in artificial intelligence to protect customers from financial scams was particularly highlighted by Silvia Pavoni, editor-in-chief of The Banker. The bank’s efforts to train its staff to adopt new technology were also recognized.

DBS CEO Tan Su Shan expressed her appreciation for the award, stating that it is a testament to the bank’s continued leadership and impact globally. However, she also emphasized that DBS will remain committed to pushing boundaries and embracing new technologies and sustainable practices to shape the future of banking. The bank’s commitment to innovation and customer service has been a key factor in its success, and it continues to be a leader in the financial industry.

The recognition received by DBS is a reflection of its strong financial performance, innovative approach to technology, and dedication to sustainability. The bank’s use of artificial intelligence to protect customers from financial scams is a notable example of its commitment to innovation and customer service. As DBS continues to grow and evolve, it is likely to remain a major player in the global banking industry. With its strong leadership and commitment to innovation, DBS is well-positioned to shape the future of banking and continue to make a positive impact on the industry.

DBS Bank has signed a memorandum of understanding (MOU) with the Korean Ocean Business Corporation (KOBC) to support the expansion of Korea’s maritime firms into Asia. The partnership aims to provide Korean shipping and offshore companies with access to DBS’ extensive network and expertise in the region, helping them to tap into new markets and opportunities.

Under the MOU, DBS and KOBC will work together to provide a range of services, including financing, trade finance, and cash management solutions, to Korean maritime companies looking to expand their operations in Asia. The partnership will also facilitate the sharing of market insights and industry expertise, enabling Korean firms to better navigate the complexities of the Asian market.

The MOU is expected to benefit Korean shipping and offshore companies, which have been facing increasing competition and margin pressures in recent years. By partnering with DBS, these companies will be able to leverage the bank’s extensive network and expertise in Asia to identify new business opportunities, manage risks, and improve their competitiveness.

DBS’ involvement in the partnership is part of its strategy to strengthen its presence in the maritime sector, which is a key industry in Asia. The bank has a long history of supporting maritime companies in the region and has a deep understanding of the industry’s unique needs and challenges.

The partnership with KOBC is also expected to contribute to the growth of trade and investment between Korea and other Asian countries. By facilitating the expansion of Korean maritime firms into the region, the MOU is likely to increase trade volumes and promote economic cooperation between Korea and other Asian nations.

Overall, the MOU between DBS and KOBC is a significant development for Korea’s maritime industry, providing companies with the support and expertise they need to succeed in the competitive Asian market. With DBS’ extensive network and expertise, Korean shipping and offshore companies will be well-positioned to capitalize on new opportunities and drive growth in the region. The partnership is a testament to the importance of collaboration and cooperation in promoting economic growth and development in Asia.

The USD/JPY exchange rate remains sensitive to monetary policy divergence, with market expectations shifting towards a potential Federal Reserve (Fed) rate cut on December 10 and a Bank of Japan (BOJ) interest rate hike on December 19. This development is expected to support Tokyo’s efforts to stabilize the Japanese Yen (JPY). The BOJ is closely monitoring inflation, as the weak JPY has sparked market attention, and Governor Kazuo Ueda is becoming less concerned about the impact of tariffs.

Meanwhile, the market is awaiting US President Donald Trump’s announcement on the next Fed Chair, with Kevin Hassett emerging as a credible and Senate-confirmable candidate. Hassett is considered market-friendly and may shift policy expectations away from current Fed Chair Jerome Powell. US Treasury Secretary Scott Bessent has indicated that Trump may announce his Fed Chair pick before Christmas, which could have significant implications for monetary policy.

The potential for a Fed rate cut and a BOJ hike has gained traction, with markets firming up their bets on these outcomes. This has provided more credibility to Tokyo’s intentions to stabilize the JPY, which has been under pressure due to the weak currency. The BOJ’s focus on inflation is also driven by the weak JPY, which could boost inflation and support the economy.

Overall, the USD/JPY exchange rate is expected to remain volatile in the coming weeks, driven by monetary policy divergence and the uncertainty surrounding the next Fed Chair. The market will be closely watching Trump’s announcement and the subsequent reaction of the Fed and the BOJ. With the potential for a shift in monetary policy, investors will need to be cautious and adapt to the changing landscape. The next few weeks will be crucial in determining the direction of the USD/JPY exchange rate and the overall outlook for the global economy.

The US dollar is expected to experience weakness in the final month of the year due to market anticipation of a Federal Reserve interest rate cut. The Fed’s Federal Open Market Committee (FOMC) is set to meet on December 10, and analysts believe that a rate cut is likely. This expectation is driven by a softening labor market, weaker demand, and tightening credit conditions.

Recent comments from US Labor Secretary Lori Chavez-DeRemer and Fed Presidents John Williams and Mary Daly suggest that the risks associated with a slowing labor market outweigh the need to maintain high interest rates. As a result, the market is heavily pricing in a rate cut, which is putting pressure on the US dollar.

Additionally, the Fed is scheduled to end its quantitative tightening program on December 1. This program, which involves allowing maturing securities to roll off the Fed’s balance sheet, has been in place for some time. However, the Fed will now begin reinvesting the proceeds from maturing securities, rather than allowing them to roll off. This change in policy is also expected to contribute to a weaker US dollar.

The combination of a potential rate cut and the end of quantitative tightening is likely to weigh on the US dollar in the short term. As a result, the currency is expected to experience weakness in the lead-up to the FOMC meeting and potentially beyond. Overall, the market is positioning for a dovish pivot from the Fed, which is likely to have significant implications for the US dollar and other financial markets. With the year coming to a close, the US dollar’s performance will be closely watched by investors and traders, who will be looking for any signs of a shift in the Fed’s monetary policy stance.

Temasek Holdings, Singapore’s sovereign wealth fund, has appointed Piyush Gupta, the former CEO of DBS Bank, as its non-executive Chairman for India, effective December 1, 2025. This strategic move aims to deepen Temasek’s presence in India and strengthen its ties with Indian stakeholders in government and industry. Gupta will work alongside Ravi Lambah, Temasek’s Head of India and Strategic Initiatives, to shape long-term investment strategies in India, offer strategic support to Temasek’s portfolio companies, and enhance government and business engagement in India.

Gupta, 65, is a proven leader with deep regional experience, having led DBS Group from 2009 to 2025. During his tenure, he oversaw a comprehensive digital transformation of DBS Bank, expanded the bank’s presence across Asia-Pacific, and earned global recognition for DBS as one of the world’s leading digital banks. His leadership acumen, understanding of the Indian market, and credibility in financial and governmental circles are expected to bring strategic depth to Temasek’s India operations.

Temasek sees India as a critical growth market and has significantly increased its investment in Indian enterprises, focusing on financial services, technology and digital infrastructure, healthcare and pharmaceuticals, consumer goods, and clean energy and logistics. India’s strong post-pandemic economic rebound and structural reforms have attracted growing interest from global funds like Temasek, which aims to position itself as a long-term partner in India’s development. Gupta’s appointment signals Temasek’s commitment to high-level strategic advisory and region-specific expertise, and his role will be crucial in shaping the firm’s India-focused investment strategy.

With Gupta’s expertise and Temasek’s growing portfolio in India, the firm is well-positioned to capitalize on the country’s growth opportunities. Temasek’s investment strategy in India is focused on long-term growth, and the firm aims to work closely with Indian stakeholders to support the country’s development. Gupta’s appointment is a significant milestone in Temasek’s India strategy, and his leadership is expected to play a key role in shaping the firm’s future growth in the region. Overall, Temasek’s move to appoint Gupta as its non-executive Chairman for India reflects its commitment to deepening its presence in the country and supporting India’s long-term growth and development.

DBS is welcoming its second cohort of Pandejpong Awards Scholars, demonstrating the bank’s commitment to excellence and supporting the next generation of leaders. The Pandejpong Awards is a prestigious scholarship program that recognizes and rewards outstanding students who have achieved academic excellence and demonstrated exceptional leadership potential.

The program is designed to provide financial support and mentorship to talented individuals, enabling them to pursue their academic and professional goals without financial constraints. DBS, a leading financial services group, has partnered with the Pandejpong Foundation to offer this scholarship, which is named after the late Pandejpong, a renowned Thai businessman and philanthropist.

The second cohort of scholars consists of high-achieving students from various academic disciplines, including business, engineering, and humanities. These scholars have demonstrated exceptional academic performance, leadership skills, and a strong commitment to making a positive impact in their communities.

DBS’s commitment to the Pandejpong Awards Scholars program reflects the bank’s values of excellence, innovation, and community engagement. By supporting these talented individuals, DBS aims to empower the next generation of leaders to drive positive change and make a meaningful difference in the world.

The scholarship program provides more than just financial support; it also offers mentorship, networking opportunities, and access to DBS’s extensive resources and expertise. Scholars will have the opportunity to engage with DBS’s senior leaders, learn from industry experts, and gain valuable insights into the banking and finance sector.

DBS’s partnership with the Pandejpong Foundation is a testament to the bank’s dedication to corporate social responsibility and its commitment to giving back to the community. By investing in the education and development of talented individuals, DBS is helping to create a more sustainable and equitable future for all.

The Pandejpong Awards Scholars program is a highly competitive and prestigious initiative that attracts top talent from across the region. DBS is proud to be a part of this program, and the bank looks forward to supporting the academic and professional journeys of these exceptional individuals. With the second cohort of scholars on board, DBS is reaffirming its commitment to excellence and its role as a responsible and caring corporate citizen.

On November 24, 2025, Allen & Gledhill advised DBS Bank Ltd. on the establishment of a S$500 million multicurrency medium term note programme. The programme included the issue of S$70 million and S$30 million 5% notes due 2028 by MoneyMax Treasure Pte. Ltd. These notes are guaranteed by MoneyMax Financial Services Ltd. DBS was appointed as the arranger and sole dealer of the programme, as well as the sole dealer for the issue of the notes.

A separate team from Allen & Gledhill advised The Bank of New York Mellon’s Singapore, London, and Dublin branches. The Bank of New York Mellon, Singapore Branch, was appointed trustee of the programme and will handle various tasks such as issuing and paying agent, calculation agent, transfer agent, and registrar for the Central Depository system. The London and Dublin branches were appointed to handle non-Central Depository tasks.

The Allen & Gledhill team advising DBS consisted of Partners Margaret Chin and Sunit Chhabra. Meanwhile, Partner Daselin Ang advised The Bank of New York Mellon’s branches. This deal highlights the involvement of prominent financial institutions and law firms in the establishment of a significant medium term note programme.

The notes issued under this programme have a fixed interest rate of 5% and are due to mature in 2028. The guarantee by MoneyMax Financial Services Ltd provides an additional layer of security for the investors. The appointment of DBS as the arranger and sole dealer, as well as the involvement of The Bank of New York Mellon’s branches, demonstrates the confidence of these institutions in the programme.

The advice provided by Allen & Gledhill to both DBS and The Bank of New York Mellon’s branches showcases the law firm’s expertise in handling complex financial transactions. The firm’s ability to advise on multiple aspects of the deal, from the establishment of the programme to the issue of the notes, highlights its comprehensive capabilities in the financial sector. Overall, this deal represents a significant development in the financial market, with prominent institutions coming together to establish a substantial medium term note programme.

Apollo Hospitals, Greams Lane, has launched Tamil Nadu’s first Centre of Excellence for Parkinson’s and Deep Brain Stimulation (DBS) care. This state-of-the-art facility aims to provide comprehensive and advanced treatment options for patients with Parkinson’s disease and other movement disorders. The centre is equipped with cutting-edge technology and staffed by a team of expert neurologists, neurosurgeons, and other healthcare professionals.

The Centre of Excellence will offer a range of services, including diagnosis, treatment, and management of Parkinson’s disease, as well as other movement disorders such as dystonia, essential tremor, and obsessive-compulsive disorder. The centre will also provide DBS therapy, a minimally invasive surgical procedure that involves implanting a device that sends electrical impulses to specific areas of the brain to help control symptoms.

The launch of this centre is a significant milestone in the treatment of Parkinson’s disease in Tamil Nadu, as it will provide patients with access to world-class care and treatment options that were previously unavailable in the state. The centre will also serve as a hub for research and education, with a focus on advancing the understanding and treatment of Parkinson’s disease and other movement disorders.

The Centre of Excellence is equipped with advanced technology, including a dedicated DBS operating room, a movement disorder clinic, and a rehabilitation unit. The centre will also offer a range of support services, including patient education, counseling, and support groups.

The team of experts at the centre includes neurologists, neurosurgeons, rehabilitation specialists, and other healthcare professionals who have extensive experience in the treatment of Parkinson’s disease and other movement disorders. The centre will also collaborate with international experts and institutions to stay updated on the latest advancements in the field.

The launch of the Centre of Excellence for Parkinson’s and DBS care at Apollo Hospitals, Greams Lane, is a significant step forward in the treatment of Parkinson’s disease in Tamil Nadu. With its advanced technology, expert team, and comprehensive range of services, the centre is poised to provide world-class care to patients with Parkinson’s disease and other movement disorders, and to improve the quality of life for those affected by these conditions. The centre is expected to become a leading destination for patients seeking treatment for Parkinson’s disease and other movement disorders in the region.

DBS analysts have released a positive economic outlook for Asia in 2026, predicting that the region’s currencies will regain stability and economic growth will only be marginally lower. This optimism is due to the US trade restrictions not being as severe as initially anticipated, allowing countries to adapt and find alternative trade paths. As a result, countries such as Malaysia, Singapore, and Vietnam are experiencing record foreign direct investment. The report notes that while the US tariffs have had some impact, they have not drastically affected demand from US consumers, and most Asian countries have actually increased exports to the US.

The US shift away from multilateralism has led to increased engagement between other countries, with new deals being made in areas such as cybersecurity, climate tech, and cross-border payment. The report highlights that the Malaysian ringgit and Thai baht are likely to benefit from interest rate cuts in the US next year. Regional equity markets are expected to be driven by country-specific factors and accommodative monetary policies, with initiatives in Singapore and the Philippines helping to mitigate external uncertainties.

For Singapore specifically, DBS anticipates a slower GDP growth rate of 1.8% in 2026 due to the lagged impact of US tariffs, but expects this to be offset by tech investments and supportive financial conditions. Inflation is predicted to remain below 2%, with the Monetary Authority of Singapore expected to maintain a cautious stance. The Singapore equity market is expected to experience gentler gains in 2026, with the construction sector projected to outperform due to major transport investments and housing development.

Overall, the report suggests that Asia has passed the test of resilience in the face of global trade uncertainty and is poised for stability and growth in 2026. The region’s ability to adapt and find alternative trade paths has helped to mitigate the impact of US tariffs, and country-specific drivers and accommodative monetary policies are expected to support equity markets. As the global economy continues to evolve, Asia is likely to play an increasingly important role, with countries such as Singapore, Malaysia, and Vietnam at the forefront of this growth.

DBS and UnionPay International have launched the SplendorPlus campaign for the DBS Business Card in Nigeria. The campaign aims to provide exclusive benefits and rewards to DBS Business Cardholders who use their cards for transactions with UnionPay International merchants.

As part of the campaign, DBS Business Cardholders will enjoy discounts and rewards at participating merchants, including restaurants, hotels, and retail stores. The campaign is designed to enhance the overall payment experience for business owners and entrepreneurs in Nigeria, providing them with more value and convenience when making transactions.

The partnership between DBS and UnionPay International is expected to drive growth and increase acceptance of the DBS Business Card in Nigeria. UnionPay International has a wide acceptance network in the country, with over 100,000 merchants accepting its cards. The partnership will enable DBS Business Cardholders to enjoy seamless and secure transactions at these merchants.

The SplendorPlus campaign is also expected to boost economic growth in Nigeria by promoting electronic payments and reducing the reliance on cash transactions. The campaign will run for a limited time, and DBS Business Cardholders are encouraged to take advantage of the exclusive benefits and rewards on offer.

To participate in the campaign, DBS Business Cardholders simply need to use their cards for transactions at participating merchants. The discounts and rewards will be automatically applied to their transactions, and they will also receive notifications about the campaign via email and SMS.

DBS and UnionPay International are committed to providing innovative payment solutions to business owners and entrepreneurs in Nigeria. The SplendorPlus campaign is a testament to their commitment to enhancing the payment experience and driving economic growth in the country.

The campaign is expected to have a positive impact on the Nigerian economy, as it will increase the use of electronic payments and reduce the reliance on cash transactions. It will also provide business owners and entrepreneurs with more value and convenience when making transactions, enabling them to focus on growing their businesses.

Overall, the SplendorPlus campaign is a significant development in the Nigerian payment landscape, and it is expected to have a positive impact on the economy and businesses in the country. DBS and UnionPay International are well-positioned to drive growth and innovation in the payment industry, and their partnership is expected to yield significant benefits for business owners and entrepreneurs in Nigeria.

JPMorgan and DBS, two of the world’s leading financial institutions, have announced a strategic partnership to enhance interoperability for tokenized deposits. This groundbreaking collaboration aims to facilitate seamless interactions between different blockchain networks, revolutionizing the way financial institutions interact with tokenized assets.

Tokenized deposits refer to the digital representation of traditional assets, such as cash or securities, on a blockchain network. This innovation has the potential to increase efficiency, reduce costs, and enhance security in various financial transactions. However, the lack of interoperability between different blockchain networks has hindered the widespread adoption of tokenized deposits.

The partnership between JPMorgan and DBS seeks to address this challenge by developing a common standard for tokenized deposits, enabling smooth interactions between different blockchain networks. This will allow financial institutions to transfer tokenized assets across various platforms, promoting greater liquidity and flexibility in the market.

The collaboration will leverage JPMorgan’s blockchain platform, Onyx, and DBS’s digital assets platform, DBS Digital Exchange. Onyx is a blockchain-based platform that enables the creation, transfer, and storage of digital assets, while DBS Digital Exchange is a platform for trading and custodial services for digital assets.

The partnership will focus on several key areas, including:

1. Standardization: Developing common standards for tokenized deposits to ensure seamless interactions between different blockchain networks.
2. Interoperability: Enabling the transfer of tokenized assets between different blockchain platforms, promoting greater liquidity and flexibility.
3. Security: Implementing robust security measures to protect tokenized assets and prevent unauthorized access.
4. Regulatory compliance: Ensuring that the tokenized deposit platform adheres to relevant regulatory requirements and industry standards.

The partnership between JPMorgan and DBS is a significant milestone in the development of tokenized deposits and blockchain technology. By addressing the issue of interoperability, this collaboration has the potential to unlock the full potential of tokenized assets, transforming the way financial institutions interact with digital assets. As the financial industry continues to evolve, this partnership is expected to play a crucial role in shaping the future of tokenized deposits and blockchain-based financial services.

DBS, a leading bank in Asia, has been at the forefront of using technology to help its customers become more savvy savers and investors. With the rise of digital banking, DBS has leveraged technology to provide its customers with innovative solutions to manage their finances more effectively. Here’s how DBS helps its customers become savvier savers and investors:

Digital Banking Platform: DBS’s digital banking platform provides customers with a seamless and intuitive experience to manage their accounts, track their expenses, and set financial goals. The platform offers features such as budgeting tools, transaction tracking, and personalized financial recommendations, empowering customers to take control of their finances.

AI-powered Investment Tools: DBS has introduced AI-powered investment tools that provide customers with data-driven insights and recommendations to make informed investment decisions. These tools analyze market trends, assess risk tolerance, and suggest personalized investment portfolios, enabling customers to make smart investment choices.

Robo-Advisory Services: DBS’s robo-advisory services offer customers a low-cost, automated investment solution that is tailored to their individual financial goals and risk profiles. This service provides customers with a diversified investment portfolio, regular portfolio rebalancing, and real-time monitoring, making investing more accessible and convenient.

Financial Education: DBS provides its customers with access to a range of financial education resources, including online tutorials, webinars, and workshops. These resources aim to enhance customers’ financial literacy, enabling them to make informed decisions about their finances and investments.

Gamification: DBS has introduced gamification elements to its digital banking platform, making saving and investing more engaging and fun. Customers can set financial goals, track their progress, and earn rewards, which motivates them to adopt healthier financial habits.

Partnerships and Collaborations: DBS collaborates with fintech companies, startups, and other industry experts to stay at the forefront of innovation. These partnerships enable DBS to leverage the latest technologies and trends, providing its customers with cutting-edge solutions to manage their finances.

By leveraging technology and innovation, DBS has empowered its customers to become more savvy savers and investors. With its digital banking platform, AI-powered investment tools, robo-advisory services, financial education resources, gamification, and partnerships, DBS has made managing finances more accessible, convenient, and engaging. As a result, customers can make informed decisions, achieve their financial goals, and secure their financial future.

DBS and JP Morgan have announced a collaboration to develop a framework for cross-border tokenised deposit transfers. The project aims to facilitate the transfer of tokenised deposits between the two banks, allowing for faster, cheaper, and more efficient transactions.

The framework will enable the banks to leverage blockchain technology and tokenisation to represent traditional deposits as digital assets, which can then be transferred across borders in a secure and efficient manner. This innovation has the potential to transform the way banks conduct cross-border transactions, reducing the need for intermediaries and increasing the speed of settlement.

The collaboration between DBS and JP Morgan is significant, as it brings together two major banks with extensive experience in digital innovation. DBS has been at the forefront of blockchain adoption, having launched a digital exchange for tokenised assets in 2020. JP Morgan, on the other hand, has developed its own blockchain-based platform, JPM Coin, for cross-border payments.

The development of a cross-border tokenised deposit framework is a major step forward in the adoption of blockchain technology in the banking industry. Traditional cross-border transactions often involve multiple intermediaries, resulting in high costs, long settlement times, and increased risk. By tokenising deposits, banks can reduce the need for intermediaries and increase the speed of settlement, making cross-border transactions faster, cheaper, and more efficient.

The framework will also provide an added layer of security, as transactions will be recorded on a blockchain, making them immutable and tamper-proof. This increased security, combined with the potential for faster and cheaper transactions, is expected to increase the adoption of cross-border tokenised deposit transfers among banks and financial institutions.

The collaboration between DBS and JP Morgan is expected to pave the way for further innovation in the banking industry, as other banks and financial institutions look to adopt similar frameworks for cross-border transactions. As the use of blockchain technology and tokenisation becomes more widespread, we can expect to see significant changes in the way banks conduct cross-border transactions, with increased speed, efficiency, and security.

In conclusion, the development of a cross-border tokenised deposit framework by DBS and JP Morgan is a significant innovation in the banking industry. By leveraging blockchain technology and tokenisation, the two banks aim to facilitate faster, cheaper, and more efficient cross-border transactions, reducing the need for intermediaries and increasing the speed of settlement. As the adoption of blockchain technology and tokenisation continues to grow, we can expect to see major changes in the way banks conduct cross-border transactions.

DBS, a Singapore-based lender, and Kinexys by J.P. Morgan are collaborating to develop an interoperability framework that enables the seamless transfer of tokenized value between their respective on-chain ecosystems, DBS Token Services and Kinexys Digital Payments. The framework aims to facilitate the exchangeability and settlement of tokenized deposits across both public and permissioned blockchains, setting a new standard for the industry. This collaboration will allow clients to conduct cross-bank transactions on-chain, providing them with broader reach and enabling real-time, 24/7 payments across borders.

The proposed framework will establish interoperability highways between the two banks, spanning both public and permissioned blockchain environments. This will enable J.P. Morgan institutional clients to pay DBS institutional clients using J.P. Morgan Deposit Tokens (JPMD) on the Base public blockchain, with the recipient able to exchange or redeem it for equivalent value via DBS Token Services. The goal is to ensure that tokenized deposits across banks and blockchains are fungible and represent the same value, upholding the principle of the singleness of money.

According to Rachel Chew, Group Chief Operating Officer and Head of Digital Currencies at DBS Bank, instant 24/7 payments provide businesses with the optionality, agility, and speed to navigate global uncertainties and capture emerging opportunities. She emphasized that interoperability is critical in reducing fragmentation and ensuring the safe transfer of tokenized money across borders. Naveen Mallela, Global Co-Head of Kinexys by J.P. Morgan, added that the collaboration is an example of how financial institutions can work together to further the benefits of tokenized deposits for institutional clients while protecting the singleness of money and ensuring interoperability across markets.

The initiative comes amidst accelerated growth in the world of tokenized finance, with commercial banks in nearly one-third of surveyed jurisdictions having launched, piloted, or conducted research on tokenized deposits, according to a 2024 survey by the Bank for International Settlements. Through this collaboration, DBS and Kinexys by J.P. Morgan aim to advance the usability and scalability of tokenized deposits, transforming how global businesses manage their finances while ensuring robust regulatory adherence. The partnership has the potential to pave the way for future collaborations and scale the next generation of financial services for clients.

Franklin Templeton and DBS Bank have partnered to launch Singapore’s first tokenized money market fund, the Franklin Onchain US Dollar Short-Term Money Market fund. The fund has received approval from the Monetary Authority of Singapore (MAS) and is now available to DBS’ wealth clients and accredited investors. Retail access is expected to be available in the first quarter of 2026. The fund uses Franklin Templeton’s proprietary Benji technology platform, which utilizes blockchain-integrated recordkeeping to provide investors with enhanced transparency, improved liquidity, and greater accessibility.

The tokenized fund mirrors the strategy of a Luxembourg-domiciled FTIF Franklin US Dollar Short Term Money Market Fund, which was launched over 30 years ago. Investors can access the MAS-approved fund with a minimum investment sum of $20. The fund’s blockchain technology provides a decentralized, tamper-proof system, ensuring secure and transparent investment tracking. This collaboration between Franklin Templeton and DBS Bank marks a significant milestone in the development of tokenized funds in Singapore, making it easier for investors to access and invest in these funds.

Tariq Ahmad, head of Apac at Franklin Templeton, expressed excitement about the collaboration, citing the growing interest in tokenized funds and digital assets. James Tan, group head of investment products & advisory at DBS Bank, noted that the partnership makes it simpler and more convenient for customers to start investing and build resilience through market cycles. The launch of this tokenized fund is a significant step towards increasing accessibility and transparency in the investment industry.

The partnership between Franklin Templeton and DBS Bank is expected to pave the way for further innovation in the tokenized fund space. With the growing demand for digital assets and tokenized funds, this collaboration is well-timed and has the potential to attract a wide range of investors. The use of blockchain technology and the Benji platform will provide investors with a secure and transparent way to track their investments, making it an attractive option for those looking to diversify their portfolios. Overall, the launch of the Franklin Onchain US Dollar Short-Term Money Market fund is a significant development in the Singaporean investment market.

RHB Research has maintained its “buy” rating for DBS Group Holdings and a “neutral” rating for United Overseas Bank (UOB) following the release of their 3QFY2025 results. This stance contrasts with the calls made by OCBC Investment Research, which had downgraded DBS to “hold” and upgraded UOB to “buy” after the same set of results.

RHB Research cited DBS’s strong 3QFY2025 performance, which saw a 9% year-on-year increase in net profit to SGD 2.24 billion, driven by higher net interest income and non-performing loan (NPL) recoveries. The research house also noted that DBS’s return on equity (ROE) improved to 14.1%, surpassing its long-term target of 12-13%. Additionally, RHB highlighted DBS’s robust capital position, with a common equity tier-1 (CET-1) ratio of 14.1%, providing a buffer against potential risks.

In contrast, RHB maintained its “neutral” rating for UOB, citing the bank’s lower net interest margin (NIM) and higher credit costs compared to DBS. While UOB’s 3QFY2025 net profit rose 6% year-on-year to SGD 1.13 billion, its NIM declined 10 basis points to 1.82%, and its credit costs increased to 23 basis points. RHB also noted that UOB’s ROE of 11.4% was lower than DBS’s, and its CET-1 ratio of 13.4% was slightly below DBS’s.

The differing views between RHB and OCBC Investment Research reflect varying assessments of the banks’ performance and prospects. OCBC had downgraded DBS due to concerns over its exposure to the slowing Singapore property market and potential risks from its overseas expansion. In contrast, RHB believes that DBS’s diversified business model and strong capital position will help it navigate these challenges.

Overall, RHB’s “buy” rating for DBS and “neutral” rating for UOB suggest that the research house is more optimistic about DBS’s prospects, citing its strong earnings momentum, robust capital position, and improving ROE. In contrast, UOB’s lower NIM, higher credit costs, and lower ROE have led RHB to maintain a more cautious stance on the bank. The differing views between RHB and OCBC highlight the complexities and uncertainties of the banking sector, and investors should carefully consider these factors when making investment decisions.

DBS Bank, Singapore’s largest bank, has announced a hiring freeze for positions that are likely to be automated due to the increasing use of artificial intelligence (AI) in banking operations. Instead of cutting jobs, the bank plans to retrain its employees to adapt to the changing landscape. According to CEO Tan Su Shan, DBS will “confront AI angst head-on” by redeploying staff into higher-value roles that require human judgment and empathy, such as advisory services, financial planning, and relationship management.

As AI systems take over routine functions like operations and customer service, DBS wants its workforce to focus on areas where human skills are essential. To achieve this, the bank is investing heavily in training programs that equip staff with digital literacy, data analysis, and advisory skills. For example, tellers are being retrained to become bankers, while bankers are being upskilled into financial advisors.

DBS’s approach reflects Singapore’s broader push to embrace AI while safeguarding jobs. Regulators have urged firms to prepare workers for technological disruption through reskilling initiatives. By retraining instead of downsizing, DBS hopes to balance efficiency with workforce resilience. The bank’s stance could set a precedent for Asian banks, emphasizing that while AI is here to stay, human skills remain vital in shaping the future of finance.

The hiring freeze is a pragmatic approach to automation, and observers note that it signals a shift towards a more sustainable and responsible approach to technological disruption. By investing in its workforce, DBS is ensuring that its employees remain relevant in an AI-driven future. The bank’s commitment to retraining and upskilling its staff demonstrates a strong commitment to its workforce and a willingness to adapt to the changing landscape of the financial industry. Overall, DBS’s strategy is a positive step towards harnessing the benefits of AI while protecting the livelihoods of its employees.

The Disclosure and Barring Service (DBS) is participating in Wales Safeguarding Week, a national awareness initiative taking place from November 10-14, 2025. The event aims to promote understanding and best practices in safeguarding adults and children. The DBS is supporting volunteer and charity organizations in Wales by providing guidance on DBS check eligibility rules. The DBS helps employers make informed recruitment decisions by processing criminal record checks and maintaining lists of individuals barred from working with children and vulnerable adults.

During Safeguarding Week, each Regional Safeguarding Board in Wales will host activities focused on specific themes, including safeguarding adults and children. The DBS will focus on helping organizations understand when DBS checks are required, what constitutes “regulated activity,” and how to access free checks for eligible volunteers. The DBS will also provide guidance on the application process.

To support Safeguarding Week, the Wales Council for Voluntary Action (WCVA) is hosting a free online session on November 11 to address common misconceptions about DBS check eligibility. The session will provide practical guidance to help organizations make safer recruitment decisions while supporting their volunteers. Owain Rowlands, Regional Safeguarding Outreach Adviser for Wales at DBS, emphasized the importance of the event, stating that many volunteer organizations want to do the right thing but are unsure about DBS check requirements.

The DBS offers year-round free support to organizations across Wales through its Regional Outreach Service. Organizations can access this support by visiting the DBS website or contacting Owain Rowlands directly. By participating in Safeguarding Week, the DBS aims to provide organizations with the confidence and knowledge they need to understand DBS check requirements and access free checks for eligible volunteers. This initiative is crucial in promoting safer recruitment practices and protecting vulnerable individuals in Wales. Overall, the DBS’s involvement in Safeguarding Week demonstrates its commitment to supporting organizations in making informed decisions and promoting a safer environment for everyone.

DBS Bank has reported a record-breaking income for the third quarter of 2025, driven primarily by strong fee income from its wealth management sector. The bank’s total income surged by 3% to S$5.9 billion, with fee income and treasury customer sales reaching new highs. Net interest income remained stable, while market trading income improved due to lower funding costs and a more favorable trading environment. However, the bank’s net profit experienced a slight dip of 2% year-on-year to S$2.93 billion, largely due to the newly enforced global minimum tax reform.

Despite this, the bank’s profit before tax rose by 1% to an all-time high of S$3.5 billion. Expenses increased by 6% to S$2.4 billion, primarily driven by higher staff costs as bonus accruals rose in line with the improved performance. For the first nine months of the year, DBS’s profit amounted to S$8.7 billion, representing a marginal decline of 1% from the same period last year.

Looking ahead, DBS’s CEO, Tan Su Shan, emphasized the bank’s ability to adapt to the challenges of decreasing interest rates through agile balance sheet management. The bank plans to seize structural opportunities across wealth management and institutional banking, ensuring continued growth and success. The CEO’s strategy is focused on navigating the pressures of declining interest rates while capitalizing on opportunities in key business segments.

The strong performance of DBS’s wealth management sector was a key driver of the bank’s record-breaking income. The sector’s fee income and treasury customer sales reached new highs, contributing to the bank’s overall revenue growth. The bank’s ability to generate strong fee income from its wealth management business is a testament to its strength in this area and its ability to capitalize on growing demand for wealth management services.

Overall, DBS Bank’s record-breaking income in the third quarter of 2025 demonstrates the bank’s resilience and ability to adapt to changing market conditions. While the newly enforced global minimum tax reform had a negative impact on the bank’s net profit, the bank’s strong performance in its wealth management sector and its ability to navigate the challenges of decreasing interest rates position it well for continued growth and success in the future.

DBS has released a research report on PetroChina’s third-quarter performance, indicating that the company has slightly exceeded expectations. Despite a 15% year-on-year decline in oil prices, PetroChina’s net profit only decreased by 3.9% year-on-year. This resilience is attributed to the company’s ability to maintain stable operations and adapt to changing market conditions.

The report highlights that PetroChina’s business model has demonstrated a strong capacity to withstand fluctuations in oil prices. With oil prices currently at a healthy level of $65 per barrel, the company is expected to experience a recovery in its downstream operations. As a result, DBS anticipates that PetroChina’s net profit will remain stable, which will in turn support its dividend payouts.

DBS estimates that PetroChina’s dividend yield will be around 6% over the next two years, making it an attractive investment opportunity. The bank has reiterated its ‘Buy’ rating for PetroChina and raised its target price from HKD 8.02 to HKD 8.8. This upgrade reflects the company’s strong performance and its potential for future growth.

PetroChina’s ability to maintain stable operations and generate consistent profits has earned it the top spot in the industry, according to DBS. The company’s resilience in the face of declining oil prices is a testament to its robust business model and strategic management. As the energy sector continues to evolve, PetroChina is well-positioned to capitalize on emerging opportunities and maintain its market leadership.

Overall, DBS’s research report presents a positive outlook for PetroChina, citing its stable net profit, attractive dividend yield, and strong business model. With a ‘Buy’ rating and an upgraded target price, PetroChina is an attractive investment opportunity for those looking to capitalize on the company’s growth potential. As the energy sector continues to navigate changing market conditions, PetroChina’s resilience and adaptability make it a top pick in the industry.

A young man born deaf and mute, suffering from severe involuntary movements in his hands and legs, has found hope at the Nizam’s Institute of Medical Sciences (NIMS) in Hyderabad. Despite seeking treatment at various private hospitals, his family was unable to afford the high costs, with some quotes reaching several lakhs of rupees. However, at NIMS, the patient underwent a complex procedure called Deep Brain Stimulation (DBS) that restored control over his movements, free of cost under the Aarogyasri and Chief Minister’s Relief Fund schemes.

DBS is an advanced neurosurgical procedure that treats neurological and movement disorders by implanting a device with electrodes in specific areas of the brain. The device delivers controlled electrical impulses to targeted brain regions, regulating abnormal brain activity and reducing tremors, stiffness, and involuntary movements. This allows patients to regain control over their bodies and perform daily activities independently.

Over the past year, around 130 patients have undergone DBS treatment at NIMS, with more than 100 treated under the Aarogyasri and Chief Minister’s Relief Fund schemes. Those not covered under these schemes were offered the treatment at a minimal expense compared to corporate hospitals. DBS has proven highly effective in helping patients overcome severe movement disorders and neurological conditions, restoring dignity and independence to their lives.

The treatment is primarily used to treat conditions such as Parkinson’s disease, epilepsy, dystonia, tremors, and certain psychiatric disorders like severe depression. DBS can dramatically improve the quality of life for patients who have not responded well to medications. In contrast to private hospitals, which charge nearly Rs 25 lakh for the procedure, NIMS provides DBS treatment at no cost or at a significantly reduced expense, making it accessible to those who cannot afford it otherwise. This initiative has brought hope to many patients and their families, offering a chance to regain control over their lives and live with dignity.

DBS and Goldman Sachs have successfully completed the first interbank over-the-counter (OTC) crypto options trade. This milestone marks a significant development in the adoption of cryptocurrencies in traditional finance. The trade was facilitated by DBS, a leading Asian bank, and Goldman Sachs, a global investment banking giant.

The OTC crypto options trade allows banks to hedge their exposure to cryptocurrency price fluctuations, providing a new risk management tool for institutions involved in crypto trading. This innovation enables banks to better manage their risks and increase their participation in the crypto market.

The completion of this trade demonstrates the growing collaboration between traditional financial institutions and the crypto industry. It highlights the increasing recognition of cryptocurrencies as a legitimate asset class, with traditional banks and financial institutions seeking to provide services and products related to digital assets.

DBS has been at the forefront of crypto adoption in Asia, having launched a digital exchange for cryptocurrencies in 2020. The bank has also partnered with other financial institutions to develop a blockchain-based platform for trading digital assets.

Goldman Sachs, on the other hand, has been actively involved in crypto trading and investment, having launched a crypto trading desk in 2018. The bank has also invested in several crypto-related startups and has developed its own blockchain-based platform for securities lending.

The successful completion of the first interbank OTC crypto options trade has significant implications for the crypto industry. It demonstrates the growing maturity of the market and the increasing involvement of traditional financial institutions. As more banks and financial institutions participate in crypto trading and investment, it is likely to lead to greater mainstream adoption and increased liquidity in the market.

The trade also highlights the importance of collaboration and innovation in the financial industry. By working together, traditional financial institutions and crypto companies can develop new products and services that meet the evolving needs of investors and institutions. As the crypto market continues to grow and evolve, it is likely that we will see more innovative products and services emerge, further solidifying the position of cryptocurrencies in traditional finance.

In a significant milestone for the crypto industry in Asia-Pacific, DBS and Goldman Sachs have successfully completed the first over-the-counter (OTC) cryptocurrency options trade between two banks. The trade, which involved cash-settled OTC bitcoin and ether options, demonstrates the increasing adoption of risk management best practices in the crypto ecosystem. This development marks a major step forward in the maturation of crypto assets, as it enables firms offering cryptocurrency-linked products to better manage their risk exposure.

According to DBS, the bank’s clients executed over $1 billion in trades involving cryptocurrency options and structured notes in the first half of 2025. This represents a significant growth of almost 60% in trade volumes from Q1 2025 to Q2 2025. Jacky Tai, group head of trading and structuring at DBS, noted that professional investors are seeking secure and well-managed platforms to build their digital asset portfolios. In response, platforms are enhancing their risk management capabilities, and the trade with Goldman Sachs highlights the potential for banks to bring traditional finance best practices into the digital asset ecosystem.

The successful trade also signifies the development of an interbank market for cash-settled OTC cryptocurrency options, an area expected to see continued growth as institutional investors become more active in the space. Max Minton, head of digital assets in Asia Pacific at Goldman Sachs, emphasized the significance of this development, highlighting the potential for increased collaboration and innovation between traditional financial institutions and the crypto industry.

The partnership between DBS and Goldman Sachs demonstrates the growing recognition of crypto assets as a legitimate investment opportunity, and the need for robust risk management practices to support their growth. As the crypto industry continues to evolve, the development of interbank markets for OTC cryptocurrency options is likely to play a key role in facilitating greater institutional participation and mainstream acceptance. With the crypto market expected to continue growing, this milestone trade between DBS and Goldman Sachs sets the stage for further innovation and collaboration between traditional finance and the crypto industry.

DBS has been named Southeast Asia’s most valuable brand in 2025, according to a recent report. This recognition is a testament to the bank’s commitment to innovation, customer experience, and sustainability. With a brand value of over $20 billion, DBS has surpassed other major brands in the region to take the top! spot.

DBS’s success can be attributed to its strategic focus on digitalization, which has enabled the bank to stay ahead of the curve in terms of technology and innovation. The bank has invested heavily in digital transformation, leveraging artificial intelligence, blockchain, and data analytics to enhance customer experience and improve operational efficiency.

The bank’s dedication to sustainability has also played a significant role in its success. DBS has embedded sustainability into its business model, with a focus on environmental, social, and governance (ESG) considerations. The bank has set ambitious targets to reduce its carbon footprint and has launched various initiatives to support sustainable development in the region.

In addition to its digital and sustainability efforts, DBS has also prioritized customer experience, with a focus on providing personalized and seamless banking services. The bank has introduced various digital channels and platforms, including mobile banking apps and online portals, to make banking more convenient and accessible for its customers.

The recognition of DBS as Southeast Asia’s most valuable brand in 2025 is a significant achievement, not only for the bank but also for the region. It highlights the growing importance of Southeast Asia as a hub for financial services and the increasing recognition of the region’s brands on the global stage.

The report also highlights the bank’s strong financial performance, with DBS reporting record profits and revenues in recent years. The bank’s strong balance sheet and robust risk management framework have enabled it to navigate the challenges of the pandemic and other market uncertainties.

Overall, DBS’s recognition as Southeast Asia’s most valuable brand in 2025 is a testament to the bank’s commitment to innovation, customer experience, and sustainability. The bank’s strategic focus on digitalization, sustainability, and customer experience has enabled it to stay ahead of the curve and achieve significant success in the region. As the banking landscape continues to evolve, DBS is well-positioned to maintain its leadership position and continue to drive growth and innovation in Southeast Asia.

DBS Bank (Hong Kong) Limited has announced the successful closing of a USD300 million sustainability-linked revolving loan (SLL) facility for SPIC International Finance (Hong Kong) Company Limited and the offshore subsidiaries of the State Power Investment Corporation Limited (SPI Group). This facility will provide general corporate funding and working capital for SPI Group to achieve its sustainability performance target concerning overseas renewable energy capacity.

The transaction underscores DBS’ commitment to supporting the energy sector’s transition towards a low-carbon future through sustainable financing. As one of the world’s largest renewable power generation enterprises, SPI Group strives towards low-carbon development and supports countries and regions of the “Belt and Road” Initiative in increasing their installed capacity of green energy.

DBS’ SLL facilities are designed to offer timely and flexible financing to support SPI Group’s priorities in renewable energy projects. The bank is committed to enabling energy transition in Asia and continues to scale up SLLs to support companies in setting emission reduction targets. DBS Hong Kong actively integrates sustainable concepts into its products and services, promoting green finance through investment support, fund allocation, risk management, and advisory services.

The successful conclusion of this SLL cooperation with DBS Bank Hong Kong will effectively support the implementation of SPI Group’s overseas clean energy strategy and foster sustainable development collaboratively. The financing will be used to advance the construction of wind power, photovoltaic, and energy storage projects in countries and regions along the “Belt and Road” initiative, further expanding its green energy installed capacity.

DBS is a leading financial services group in Asia with a presence in 19 markets. The bank has been recognized for its global leadership and has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. DBS provides a full range of services in consumer, SME, and corporate banking and is committed to building lasting relationships with customers.

The bank’s commitment to sustainable finance is evident in its efforts to promote green finance and support companies in achieving their sustainability objectives. The partnership between DBS and SPI Group is a significant step towards promoting sustainable development and supporting the energy sector’s transition towards a low-carbon future. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities and is dedicated to creating impact beyond banking by uplifting lives and livelihoods of those in need.

DBS CEO Tan Su Shan is leading the bank into a new era of artificial intelligence (AI), with a focus on creating a “gen-AI-enabled bank with a heart.” Since taking the helm in March, Tan has emphasized the importance of emotional balance, agility, and trust in navigating the volatile banking landscape. She believes in cultivating a diverse team with complementary skills and building trust to face challenges together.

Tan highlights the need for “ambidextrous leadership,” balancing legacy infrastructure with innovative pursuits. DBS is rooted in Asia, with a focus on core markets like China, India, and Indonesia, while anchoring tech and financial hubs in Singapore and Hong Kong. The bank manages geopolitical and regulatory complexity through ring-fencing of capital, risks, and technology.

DBS’s purpose is deeply rooted in its heritage as a development bank, and Tan stresses the importance of investing in social impact. The bank has committed over S$1 billion to lifting low-income communities across its markets. Tan emphasizes collaboration with governments, NGOs, and local communities to scale impact.

DBS’s AI journey began with the establishment of a data lake and has progressed to building over 1,300-1,600 models. In 2024, AI and data initiatives generated S$750 million of economic value, with anticipated growth to S$1.1-1.2 billion in 2025. Tan insists that the transformation must flow through culture, with a focus on responsible AI and a guiding philosophy known as the PURE framework: purposeful use of data, unsurprising, respectful, and explainable.

To ensure responsible AI, DBS enforces guardrails, including human-in-the-loop oversight, access controls, bias checks, and accountability. Tan says DBS is going all-in on AI, with a focus on getting fundamentals right, including clean data, robust guardrails, and a culture of learning. The bank is developing vertical AI use cases and has launched DBS GPT, a gen-AI assistant for employees.

Tan’s vision offers a powerful template for human-centered AI banking, marrying advanced AI with purpose, guardrails, and empathy. Her approach recognizes that technology alone is not transformation, but rather is shaped by values, leadership, and human touch. As DBS continues to innovate and grow, the question remains whether other institutions can follow suit and create their own “gen-AI-enabled bank with a heart.”

Singapore banks are rapidly expanding their presence in the asset tokenisation space, with DBS launching tokenised structured notes on the Ethereum public blockchain in August. This move is part of a broader trend, as other banks, including OCBC and UOB, explore the potential of digital assets to enhance the liquidity and efficiency of financial markets. Tokenisation, which involves converting assets into digital form for trading on the blockchain, is expected to revolutionize the way assets are bought and sold.

Despite the excitement surrounding digital assets, banks are cautious about the regulatory and talent hurdles that must be overcome. Anti-money laundering compliance is a major concern, with cryptocurrencies having been linked to money laundering in the past. To address this, banks are calling for a common framework for knowing your customers (KYC) that would allow them to interact with other financial institutions and wallets. This would require the development of new talent with expertise in both finance and technology, as well as legal and risk management.

The Monetary Authority of Singapore (MAS) is also watching the space closely, with Alan Lim, head of fintech infrastructure and the AI office, emphasizing the importance of collaboration between regulators and the industry. Project Guardian, a joint initiative between policymakers and the financial industry, aims to enhance liquidity and efficiency in financial markets through asset tokenisation. The project brings together different elements to create a framework for asset tokenisation and interaction.

Overall, while there are significant hurdles to overcome, the potential benefits of asset tokenisation are substantial. As Dr. Steven Hu, head of digital assets for global markets at OCBC, noted, “Tokenisation is no longer a niche area of finance. It is actually becoming the mainstream of financial services at this point of time.” With the right talent, regulatory framework, and collaboration, Singapore’s banks are poised to lead the way in this exciting new field. As Yip Kah Kit, head of blockchain and digital assets at UOB Group, said, “I think there are also other classes of tokenised money – bank deposits being one – that are closely related to both the internal operations and also integrate very well with the core systems of banks in general.”

DBS has launched a new promotion, the New-to-DBS Multiplier Account, which offers new customers the opportunity to earn higher interest rates on their savings. With this promotion, customers can earn up to 2.5% p.a. on their first $100,000 when they credit their salary and transact in just one category, such as DBS/POSB Credit Card/PayLah! Retail Spend, Home Loan Instalment, Insurance, or Investment. This promotional rate gives customers an additional 0.3% p.a. and doubles the balance eligible for higher interest from $50,000 to $100,000.

To qualify for the DBS New-to-Multiplier promotion, customers need to open a new DBS Multiplier Account, deposit fresh funds, and maintain a daily balance of at least $100,000 during the promotion period. They also need to credit their salary via GIRO and make transactions in at least one eligible category. The total eligible monthly transactions will determine which promotional tier the customer falls under, with higher transactions resulting in higher interest rates.

In addition to the interest promotion, DBS is also offering up to $680 in cash rewards for new and existing DBS Multiplier customers. Customers can receive a $300 cash reward for crediting their salary for three consecutive months, and up to $380 in cash rewards when they sign up for a DBS yuu Card with promo code ‘DBSYUU’. The DBS yuu Card also offers up to 18% cash rebates on daily spend at participating merchants.

By combining the boosted interest from the New-to-DBS Multiplier Account promotion with the additional cash rewards, customers could increase the returns on their savings within just four months. For example, if a customer opens a new DBS Multiplier account and maintains a balance of $100,000, they could earn up to 2.5% p.a. on their first $100,000, resulting in approximately $828 in interest over the four-month period. With the additional cash rewards, they could receive up to $1,508 in interest payout and combined rewards.

Overall, the DBS New-to-DBS Multiplier Account promotion offers customers a chance to earn higher interest rates on their savings and receive cash rewards for using DBS products and services. By taking advantage of this promotion, customers can make their money work harder and achieve their financial goals.

RQI Investors has partnered with DBS to offer a quantitative fund in Hong Kong. This partnership aims to provide investors with a unique investment opportunity that leverages the expertise of both firms. RQI Investors is a global investment management firm that specializes in quantitative strategies, while DBS is a leading financial services group in Asia.

The quantitative fund, which will be distributed by DBS, will utilize RQI’s proprietary investment strategies to generate returns for investors. The fund will be available to institutional and individual investors in Hong Kong, and will provide them with access to a diversified portfolio of assets.

This partnership is significant, as it marks RQI’s entry into the Hong Kong market. The firm has a strong track record of delivering returns through its quantitative strategies, and this partnership will enable it to expand its reach to a new set of investors. DBS, on the other hand, will benefit from the partnership by adding a new offering to its product suite, which will enhance its ability to serve the needs of its clients.

The quantitative fund will be managed by RQI’s team of experienced investment professionals, who will use advanced algorithms and statistical models to identify investment opportunities. The fund will have a flexible investment approach, which will allow it to adapt to changing market conditions.

The partnership between RQI and DBS is also a testament to the growing demand for quantitative investment strategies in Asia. Investors in the region are increasingly looking for ways to generate returns in a low-yield environment, and quantitative funds are seen as an attractive option.

Overall, the partnership between RQI Investors and DBS is a significant development in the Hong Kong investment landscape. It provides investors with a new and innovative way to access quantitative investment strategies, and underscores the growing importance of Asia as a hub for investment management.

RQI Investors’ decision to partner with DBS to offer a quantitative fund in Hong Kong is a strategic move that will enable the firm to expand its presence in the region. The partnership is expected to be well-received by investors, who are looking for new and innovative ways to generate returns. With its strong track record and expertise in quantitative strategies, RQI Investors is well-positioned to succeed in the Hong Kong market.

Hong Kong’s newly implemented stablecoin regulatory framework has been criticized for being overly restrictive, particularly with regards to derivatives trading on blockchain networks. According to Sebastian Paredes, CEO of DBS Hong Kong, the regulations on Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements will significantly limit the use of stablecoins for on-chain derivatives trading. As a result, DBS will focus on building broader stablecoin capabilities in Hong Kong, rather than pursuing derivatives trading.

The new regulations, which came into effect on August 1, have already had a significant impact on the stablecoin industry in Hong Kong. The rules have criminalized the promotion of unlicensed stablecoins and established a public registry of authorized issuers. This has led to double-digit losses for some stablecoin companies operating in Hong Kong, as the rules are stricter than expected.

Despite these challenges, DBS is committed to exploring the potential of stablecoins in Hong Kong. The bank has a long history of involvement in the crypto industry and has been at the forefront of blockchain technology. Earlier this month, DBS partnered with Franklin Templeton and Ripple to launch tokenized trading and lending services for institutional investors. The bank has also launched tokenized structured notes on the Ethereum blockchain and manages the US dollar reserve of the Global Dollar (USDG).

However, Hong Kong’s stablecoin regulatory framework has been criticized by others as well. A Hong Kong Securities and Futures Commission (SFC) official warned that the new framework has increased the risk of fraud, and Chinese authorities have instructed local firms to cease publishing research or holding seminars related to stablecoins. This has led to uncertainty and volatility in the stablecoin market, with some companies considering withdrawing from cryptocurrency-related activities.

Overall, Hong Kong’s stablecoin regulatory framework has created challenges for the industry, particularly with regards to derivatives trading. While DBS and other companies are committed to exploring the potential of stablecoins, the restrictive regulations will likely limit their use and growth in the region. As the regulatory environment continues to evolve, it remains to be seen how the stablecoin industry will adapt and respond to these changes.

Piyush Gupta, the CEO of DBS Group, has expressed concerns over the limitations imposed by Hong Kong’s regulations on stablecoin derivatives trading. According to Gupta, the rules, which were implemented to oversee the trading of cryptocurrency futures, have restricted the growth of the city’s digital asset market. The regulations require investors to have a minimum portfolio size of HK$8 million (approximately $1 million) to trade cryptocurrency futures, which is a significant barrier to entry for many potential investors.

Gupta argued that these restrictions would hinder the development of Hong Kong’s crypto market, as they limit the ability of investors to trade stablecoin derivatives. Stablecoins are a type of cryptocurrency that is pegged to the value of a traditional currency, such as the US dollar, and are seen as a more stable and reliable investment option compared to other cryptocurrencies. The derivative products based on these stablecoins are also expected to be popular among investors, but the strict regulations in Hong Kong may prevent this from happening.

The CEO of DBS also noted that other financial hubs, such as Singapore, have more favorable regulations in place, which could attract investors and businesses away from Hong Kong. Singapore has been actively promoting its digital asset market, with a more relaxed regulatory approach, and has already seen significant investment and growth in the sector. Gupta warned that if Hong Kong fails to revise its regulations and become more competitive, it risks losing its position as a leading financial center.

In response to these concerns, the Hong Kong government has announced plans to review and revise its regulations to make the city more attractive to digital asset businesses and investors. The government has stated that it aims to create a more favorable environment for the growth of the crypto market, while also ensuring that investors are protected and that the city’s financial system remains stable.

The development of the crypto market in Hong Kong is significant, not only for the city but also for the broader region. As a major financial hub, Hong Kong’s regulatory approach can have a significant impact on the growth of the digital asset market in Asia. The city’s ability to balance regulation and innovation will be crucial in determining its position as a leading center for digital assets. With the government’s plans to revise its regulations, Hong Kong may be able to regain its competitive edge and attract more investors and businesses to its digital asset market.

PT Bank DBS Indonesia has been recognized for its exceptional digital capabilities, winning the Indonesia Digital Experience of the Year – Banking award at the Asian Experience Awards 2025. The bank’s collaboration with payments company PT Nium Mitra Indonesia was instrumental in achieving this feat. Through their partnership, DBS Indonesia implemented several innovative solutions using application programming interface (API) to enhance its service offerings and deliver superior digital experiences to customers.

The solutions implemented include Virtual Account, API Notification, and API for Local/Domestic Payments. These innovations have simplified collection transactions, enabled real-time notifications, and provided a comprehensive solution for domestic transactions. As a result, DBS Indonesia has been able to support Nium in increasing its transaction volume, driving sustainable growth and operational efficiency.

The success of this collaboration has been remarkable, with payment transactions increasing by over 92% from Q4 2024 and collection transactions growing by over 300% from Q3 2024. DBS Indonesia has set a new benchmark in the global Money Services Business sector, particularly in local payment disbursement, by addressing critical issues and providing seamless integration with Nium operations.

The Asian Experience Awards, presented by Asian Business Review Magazine, recognizes companies that deliver meaningful brand experiences to their stakeholders. By winning this award, DBS Indonesia aims to build credibility and attract more forward-thinking customers to leverage its technology-driven offerings. The bank’s success demonstrates the potential of strategic collaborations and digital innovations in enhancing customer experiences and driving business growth.

The award win is a testament to DBS Indonesia’s commitment to delivering exceptional digital experiences and its ability to work effectively with partners to achieve common goals. As the bank continues to invest in digital solutions, it is likely to remain a leader in the banking industry, providing innovative and seamless experiences for its customers. The Asian Experience Awards 2025 has recognized DBS Indonesia’s efforts, and the bank is well-positioned to continue its success in the future.

A recent listing on an Arizona dealership’s website has revealed a staggering price discrepancy for a 2021 Aston Martin DBS Superleggera Coupe. The luxury vehicle, which originally retailed for $363,000 when new, is now being sold for a mere $166,500. This represents a significant depreciation of nearly 54% in just a few years.

The Aston Martin DBS Superleggera Coupe is a high-performance grand tourer that boasts a 5.2-liter twin-turbo V12 engine, producing 715 horsepower and 664 lb-ft of torque. With its sleek design and impressive specs, it’s no wonder that the vehicle commanded a hefty price tag when it first hit the market.

However, as with many luxury cars, the DBS Superleggera Coupe has not held its value well. The listed vehicle has a mere 2,200 miles on the clock, indicating that it has been barely used. Despite its low mileage, the car’s price has plummeted, making it a potentially attractive option for those looking to own a high-end vehicle without breaking the bank.

It’s worth noting that the DBS Superleggera Coupe is not alone in its depreciation woes. Many luxury cars, particularly those from high-end manufacturers like Aston Martin, often experience significant price drops in the first few years of ownership. This can be attributed to a variety of factors, including changing market trends, the introduction of new models, and the simple fact that luxury cars are often purchased as status symbols rather than practical modes of transportation.

For prospective buyers, the heavily discounted price of the 2021 Aston Martin DBS Superleggera Coupe may be seen as an opportunity to own a highly exclusive and powerful vehicle at a fraction of its original cost. However, it’s essential to consider the potential long-term implications of purchasing a depreciated luxury car, including the possibility of continued price drops and the potential for higher maintenance costs.

Overall, the significant price reduction of the 2021 Aston Martin DBS Superleggera Coupe serves as a reminder of the often-unpredictable nature of the luxury car market. While the car’s discounted price may be attractive to some, it’s crucial to approach such purchases with caution and carefully consider the potential risks and rewards involved.

DBS Private Bank has announced that its DBS Multi Family Office Foundry VCC (DBS MFO) has reached a record SGD 1 billion in assets under management (AUM) just two years after its launch. The DBS MFO is the world’s first bank-backed multi family office to leverage Singapore’s Variable Capital Company (VCC) structure. Since its debut in 2023, the DBS MFO has onboarded over 25 ultra-high net worth (UHNW) families worldwide, highlighting Singapore’s position as a leading family office and fund management hub.

The DBS MFO offers a unique ‘plug-and-play’ solution, allowing clients to invest with a minimum of SGD 15 million and benefit from the VCC’s tax incentive award. Clients have the freedom to customize their investment strategies without being required to invest in DBS products. The DBS MFO also provides professional management and oversight, maintaining the highest standard of governance and compliance.

According to Lee Woon Shiu, Group Head of Wealth Planning, Family Office & Insurance Solutions, DBS Private Bank, the DBS MFO has exceeded expectations, reflecting the growing demand for cost-efficient and institutionally-supported wealth structuring solutions. The bank’s ‘One Bank’ model, which integrates its wealth and institutional businesses, has created a differentiated wealth proposition.

DBS currently banks over one-third of the single family offices established in Singapore, and its family office AUM has more than doubled in the last two years. The bank is on track to double its AUM to SGD 2 billion by the end of 2026. DBS also offers a range of structures, including family trusts, private trust companies, and donor-advised funds, to address the wealth and legacy planning needs of its clients.

The bank has seen an increase in UHNW families committed to using their wealth as a “force for good” through impact investing or philanthropic means. DBS Foundation, which champions businesses for impact, serves as a natural partner for these clients. The bank intends to expand its suite of innovative and sustainable long-term wealth structuring solutions, focusing on priority markets such as Taiwan, Japan, and the United Kingdom.

DBS is a leading financial services group in Asia, recognized for its global leadership and commitment to building lasting relationships with customers. The bank has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney, and “Global Bank of the Year” by The Banker. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

A DBS-backed family office platform has reached a significant milestone, hitting $780 million in assets under management. The platform, which provides wealth management services to high net worth individuals and families, is expected to double its assets to $1.6 billion by the end of 2026.

The growth of the platform is a testament to the increasing demand for family office services, particularly in Asia where wealth creation is on the rise. Family offices are private wealth management firms that cater to the financial needs of high net worth individuals and their families, providing a range of services including investment management, tax planning, and philanthropy.

The DBS-backed platform is well-positioned to capitalize on this trend, given its strong track record and expertise in wealth management. DBS, one of the largest banks in Southeast Asia, has a long history of providing financial services to high net worth individuals and families, and its backing of the family office platform is a strategic move to expand its offerings in this space.

The platform’s growth is also driven by its ability to provide customized solutions to its clients, who are increasingly seeking more sophisticated and tailored investment strategies. With a strong team of experienced investment professionals and a robust infrastructure, the platform is able to offer a wide range of investment products and services, including private equity, real estate, and hedge funds.

Moreover, the platform’s focus on Asian markets is a key differentiator, as many family offices are looking to invest in the region’s growing economies. The platform’s expertise in Asian markets, combined with its global reach and network, makes it an attractive option for families looking to diversify their investments and tap into new opportunities.

Overall, the DBS-backed family office platform’s achievement of $780 million in assets under management is a significant milestone, and its expected growth to $1.6 billion by the end of 2026 is a testament to the increasing demand for family office services in Asia. As the wealth management landscape continues to evolve, the platform is well-positioned to capitalize on this trend and provide high net worth individuals and families with customized and sophisticated investment solutions.

The platform’s success can be attributed to its ability to adapt to the changing needs of its clients, who are becoming increasingly sophisticated in their investment approaches. By providing a range of services and investment products, the platform is able to meet the diverse needs of its clients, from wealth preservation to wealth creation. With its strong track record and expertise in wealth management, the DBS-backed family office platform is expected to continue its growth trajectory and remain a leading player in the family office space.

The Deep Brain Stimulation (DBS) Devices Market is expected to experience significant growth, driven by the increasing prevalence of neurological and psychiatric disorders. The market is projected to reach $4.0 billion by 2034, expanding at a Compound Annual Growth Rate (CAGR) of 7.6% from $1.9 billion in 2024.

Key growth drivers include the rising incidence of Parkinson’s disease, strong adoption of DBS for Parkinson’s disease, and technological advances in implantable devices. Leading players in the market include Medtronic, Abbott Laboratories, Boston Scientific, and Aleva Neurotherapeutics. The market is segmented by product type, application, end-user, and technology, with Parkinson’s disease dominating the market, accounting for over half of implant procedures worldwide.

Regional analysis shows that North America and Europe are the largest DBS markets, while the Asia-Pacific region is expected to post the fastest growth due to demographic trends and government investments in healthcare. The market is also driven by the increasing use of robot-assisted neurosurgery, miniaturization, and wireless technologies, which reduce surgical risks.

However, the market also faces challenges such as high procedure and device costs, risks of surgical complications, and limited patient awareness in developing regions. To address these challenges, companies are focusing on developing cost-effective DBS devices, improving patient awareness, and expanding access to advanced neurosurgical facilities in emerging economies.

The latest trends in the market include the introduction of adaptive DBS systems, directional leads, and the integration of Artificial Intelligence (AI) algorithms in DBS programming. Strategic partnerships between device manufacturers and hospital networks are also expected to drive growth in the market.

In conclusion, the Deep Brain Stimulation Devices Market is expected to experience significant growth, driven by technological advances, increasing prevalence of neurological disorders, and expanding indications for DBS. Opportunities ahead include the expansion of DBS indications to psychiatric disorders, adoption of adaptive and AI-driven DBS systems, and growth in emerging markets through cost-effective surgical programs.

A 2021 Aston Martin DBS Superleggera Coupe is being auctioned off at no reserve, offering a rare opportunity to acquire the flagship model without a predetermined sale price. The car is finished in Ceramic Blue and boasts a 715-horsepower twin-turbo V12 engine. Originally delivered to Aston Martin Newport Beach in California, the vehicle had one owner until 2025 and now has 43,000 miles on the odometer.

The DBS Superleggera features a range of notable upgrades, including a $10,000 titanium exhaust system, carbon-fiber bodywork, quad exhaust outlets, smoked taillights, and Aston Martin’s Aeroblade II rear spoiler. The car rides on 21-inch forged split-spoke wheels with fresh Pirelli tires, and its braking system consists of orange calipers over cross-drilled carbon-ceramic rotors.

Inside the cabin, the DBS is trimmed in All Obsidian Black leather with contrasting piping and embroidered logos. The interior features heated and ventilated seats, dual-zone climate control, a Bang & Olufsen BeoSound audio system, and Aston Martin’s COMAND infotainment with navigation. A 360-degree camera and advanced driver-assist features add to the car’s modern usability.

Recent maintenance includes a cabin filter replacement, brake fluid flush, and oil change. The car’s quad-cam 5.2-liter V12 engine produces 715 horsepower and 663 pound-feet of torque, with power routed to the rear wheels through a rear-mounted ZF eight-speed automatic transmission.

The DBS Superleggera is being offered with its original window sticker, service records, a clean Carfax report, and an Arizona title. Casciomotors.com is presenting this opportunity, and interested parties can visit their site to learn more about the car and the auction process. As a top seller, the listing will be marketed professionally, and potential buyers can follow Casciomotors.com on Facebook and Twitter for updates.

Deep brain stimulation (DBS) has emerged as a promising treatment for patients with drug-resistant epilepsy, offering partial seizure control for those who are not eligible for resective surgery. One potential target for DBS is the centromedian nucleus (CM) of the thalamus, which has extensive cortical and subcortical connections and could be an effective avenue for treating general and frontal lobe seizures. However, targeting the CM is challenging due to its small size, deep location, and proximity to other thalamic nuclei, making it difficult to pinpoint using standard imaging techniques.

A recent review article published in the journal Brain Network Disorders highlights advanced methods for improving the accuracy of targeting the CM during DBS. These methods include high-resolution magnetic resonance imaging (MRI) techniques, such as magnetization-prepared 2 rapid acquisition gradient echo (MP2RAGE), intraoperative microelectrode recordings (MER), and diffusion tensor imaging (DTI) tractography. By combining these approaches, researchers can more confidently localize the CM, especially in patients with complex anatomy or structural abnormalities.

The review discusses the potential of MP2RAGE to enhance the contrast between the CM and surrounding thalamic structures, facilitating clearer anatomical differentiation. Additionally, MER can help differentiate between neighboring tissues based on neural firing patterns, while DTI tractography can identify relevant brain pathways and improve stimulation by targeting specific circuits. Studies have shown that patients whose electrodes were optimally aligned with these pathways experienced significant reductions in seizure frequency.

The review concludes that combining imaging modalities, electrophysiological mapping, and connectivity analysis can provide a comprehensive roadmap for implementing CM-DBS in patients with drug-resistant epilepsy. This tailored approach has the potential to improve outcomes while minimizing surgical risks. As diagnostic tools advance and improve our understanding of brain networks, CM-DBS could offer life-changing results for patients once deemed untreatable. The authors emphasize the importance of targeting not just a nucleus, but the circuits it controls, and highlight the potential for precision targeting to provide renewed hope for people with the most challenging forms of epilepsy.

The study’s findings suggest that CM-DBS could be a viable treatment option for patients with drug-resistant epilepsy, particularly those with general and frontal lobe seizures. The use of advanced imaging and neurophysiological techniques can improve the accuracy of electrode placement and enhance treatment outcomes. Further research is needed to fully explore the potential of CM-DBS and to develop more effective treatment strategies for patients with epilepsy. However, the review provides a promising foundation for the development of more targeted and effective treatments for this debilitating condition.

The Japanese government is set to introduce a new system to protect children from sex crimes, modeled after the UK’s Disclosure and Barring Service (DBS). The system, expected to regulate up to 230,000 organizations, including schools, kids cafeterias, and talent agencies, will allow these groups to check the sex crime history of individuals working with children. The goal is to provide parents and guardians with peace of mind and prevent individuals with a history of sex crimes from working with children.

The system will be mandatory for schools and childcare facilities overseen by municipalities, while private businesses can opt-in after obtaining government certification. The certification process will involve meeting certain criteria, including dominance, continuity, and opaqueness, which refer to positions of power, the length of time organizations maintain close relationships with children, and the difficulty of monitoring the situation.

However, the adoption of the system may be hindered by concerns over the strict management of sensitive information and the risk of lawsuits. Organizations will need to handle sensitive information, such as histories of sexual offenses, and misuse of this data could lead to criminal penalties. Additionally, organizations may face challenges in determining how to handle employees with a history of sex crimes, as dismissals without reasonable grounds can be considered rights abuses.

To address these concerns, the government plans to create a certification mark for participating organizations and establish a consultation window where small organizations can seek advice from lawyers. Experts, such as Nihon University Prof. Kaori Suetomi, emphasize the importance of refining the system to make it easier for organizations to adopt and to build a detailed framework to prevent sexual violence against children.

The DBS system is set to launch on December 25, 2026, and the government aims to cast a wide net to block individuals with a history of sex crimes from working with children. While there are challenges to be addressed, the introduction of the system is a significant step towards protecting children from sexual predators and providing a safer environment for them to grow and develop.

DBS Hong Kong, under the leadership of Jolynn Wong, is revolutionizing digital banking by leveraging AI-driven innovation and its award-winning DBS IDEAL mobile banking app. The bank has made significant strides in empowering small and medium-sized enterprises (SMEs) through its bold, customer-centric strategy, which utilizes cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML).

At the Hong Kong Business Technology Excellence Awards 2025, DBS Hong Kong won two major awards for its success in addressing the evolving needs of SMEs. The bank’s innovative digital solutions, including electronic identity document verification (eIDV), have streamlined the account opening process for Hong Kong incorporated entities to as fast as one working day. This has resulted in a near-half uplift of customers acquired digitally through this innovative solution.

DBS Hong Kong has also made significant progress in SME lending with its digital lending platform, offering fast-track financing and seamless application processes. The seamless online application process has reduced the time-to-cash by double-digit and achieved an over 30% year-on-year increase in the total limit of approved applications.

The bank’s digital innovations have had a significant impact on its financial performance, with a 70% growth in AI-driven revenue in 2024. DBS Hong Kong continues to stand out across a range of key metrics, from customer satisfaction to digital product offerings. The bank’s DBS IDEAL mobile banking app provides a seamless, feature-rich experience that empowers SMEs to manage their banking needs, with advanced digital banking solutions, such as seamless FX rate lock-in capabilities and enhanced merchant sale management.

The app also integrates advanced fraud detection and threat management capabilities, powered by ML and real-time integration with government databases, to safeguard the financial wellbeing of customers. Through the DBS IDEAL app, the bank continues to redefine the future of SME banking, empowering businesses to thrive in today’s digital age. The bank’s commitment to utilizing technologies such as AI and ML has elevated its service offerings, setting new standards in efficiency, customer experience, and technological integration.

DBS Hong Kong’s success has been recognized through its wins at the Hong Kong Business Technology Excellence Awards 2025, including the AI-Banking category and the Mobile-Banking category for its DBS IDEAL mobile banking app. The bank’s innovative solutions and commitment to digital innovation have positioned it as a leader in the industry, empowering SMEs to grow and thrive in the digital era.

The bank’s Managing Director and Head of Global Transaction Services, Jolynn Wong, emphasized the importance of AI-powered, mobile-first solutions in solving business pain points and driving growth. The bank’s focus on digital innovation and customer-centricity has enabled it to achieve significant growth and recognition in the industry. With its continued investment in digital solutions and commitment to empowering SMEs, DBS Hong Kong is poised to remain a leader in the digital banking space.

Banks in the Asia-Pacific region are at the forefront of digital innovation, leveraging cutting-edge technologies such as bank-to-enterprise API connections, artificial intelligence (AI), and generative AI (GenAI) to drive efficiency and enhance customer experience. Taiwan’s CTBC Bank is a prime example, offering direct API connections for seamless transactions, an app for small and medium-sized enterprises (SMEs) to manage paperless operations, and real-time foreign exchange hedging. The bank plans to launch supply chain finance software and has developed an AI-powered platform for proactive financial consulting, positioning itself as a strategic partner beyond traditional banking.

Singapore’s DBS is another leader in digital innovation, particularly in the SME sector. The bank has streamlined onboarding, reducing know-your-customer (KYC) processing time by 33% with the help of GenAI. AI-powered personalization has also increased outward payments by 29% and boosted balances in current and savings accounts. Strategic partnerships, such as One-Click Payroll, have increased new customer acquisition by 35%. DBS’s RAPID API suite has handled 900 million corporate API calls, with a 17% increase in usage in Hong Kong in 2024.

Bankee Social Bank, Taiwan’s leading cryptocurrency-friendly banking institution, is also making waves with its commitment to advanced technology. The bank combines Web 3.0 and AI to establish global benchmarks in fraud prevention, with a 98.7% accuracy rate in preventing fraudulent transactions. Bankee operates on a sharing economy paradigm, engaging customers in product development and profit distribution, and functions as both a bank-as-a-platform (BaaP) and bank-as-a-service (BaaS).

These banks are pushing the boundaries of digital innovation, leveraging AI, GenAI, and API connections to drive efficiency, enhance customer experience, and establish themselves as strategic partners beyond traditional banking. With their commitment to advanced technology, they are poised to remain at the forefront of the banking industry in the Asia-Pacific region. As the banking landscape continues to evolve, it will be exciting to see how these banks and others in the region continue to innovate and adapt to changing customer needs.