Singapore – DBS Bank today named Loic Voide to the newly-created role of Head of Private Banking for Middle East & Africa ...

DBS will compensate 400 customers a combined total of S$500,000 for unauthorised withdrawals found to have resulted from a security breach at two of the bank’s ATM machines in Bugis, bank ...

DBS customers were reportedly unable to use the bank's ATMs in Toa Payoh, Bishan and Sengkang. DBS customers experienced delays and other payment issues most recently on Sept 26, while using the ...

SINGAPORE: DBS and Citibank online banking and payment services were down for hours on Saturday (Oct 14), while DBS ATM services were disrupted at several locations.

MAS also said DBS must maintain the size of its branch and ATM networks for now, and continue to apply a multiplier of 1.8 times to its risk-weighted assets for operational risk.

DBS Group Holdings Ltd. was slapped with higher capital requirements after a pair of disruptions to its digital banking services that Singapore’s regulator called ... as well as some ATM services.

DBS currently has an additional capital requirement of about $1.6 billion, which MAS imposed in May. This followed the disruption to the bank’s digital banking and ATM services on May 5, ...

SINGAPORE — DBS Bank has been barred from acquiring new business ventures by the Monetary Authority of Singapore (MAS), and also instructed not to reduce the size of its branch and automated ...

DBS customers experienced delays and other payment issues most recently on Sept 26, while using the bank’s PayNow service According to Downdetector, there were 163 complaints at 3.53pm that day.

SINGAPORE — Around 2.5 million payment and ATM transactions could not be completed during last month’s DBS and Citibank service disruptions, Minister of State for Trade and Industry Alvin Tan ...