DBS must bulk up or lose fintech turf in South-east Asia,
South-east Asia’s largest lender happens to be its most tech-savvy. Why then is Singapore’s DBS Group Holdings missing out on some of the region’s hottest deals in digital banking?
In recent years, technology has played a large role in the bank’s profitable pivot away from trade financing to corporate cash management. One of its application programming interfaces that hooks up with customers’ software – it has some 500 of them – allows merchants on Indonesian e-retailer Bukalapak.com to get paid…
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