DBS Group Holdings CEO Piyush Gupta has made a public apology to DBS and POSB customers affected by an ATM skimming fraud that resulted in unauthorised withdrawals last week.

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 said customers who believed their ATM or debit card might have been compromised can contact the bank at 1800-220-1111 or visit any DBS/POSB branch. In July 2010, DBS customers were hit by a ...

Last Friday, Singapore's DBS Bank was hit with 400 cases of unauthorized withdrawals amounting to an estimated compensation of S$500,000 (US$387,627) due to two affected ATMs.

UPDATE (8:30pm, 21 Feb to correct typo in second paragraph that was not in original message from DBS) Many DBS customers are riled after the bank deactivated their ATM and debit cards without prior ...

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 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.

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 ...

UPDATED (8:14pm Friday, to include additional details from press conference) DBS will compensate 400 customers a combined total of S$500,000 for unauthorised withdrawals found to have resulted from a ...