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DBS Mobile Banking Services Hit by Second Outage in 2025

Fintech News

Customers of DBS and POSB experienced difficulties accessing mobile banking services on Monday (2 June). Reports indicated slowness when users attempted to log into the DBS digibank mobile app. In an update issued at 4:01pm, DBS Bank acknowledged the issue and said it was working to restore services.

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DBS Banking Masterstroke Coming to an End Under Piyush Gupta

Fintech News

This Friday, March 28, 2025, marks the end of an era for DBS Bank as Piyush Gupta steps down after an extraordinary 16-year tenure as Chief Executive Officer. During his tenure, he turned DBS from a traditional lender into a globally recognised powerhouse of digital banking. His leadership has been nothing short of transformative.

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From Nomad Trails to Digital Rails: Kazakhstan’s Banking Revolution

The Fintech Times

The horse in front Just like the vast natural grassland of the Kazakh Steppe, which lies in contrast to the modern cities of Astana and Almaty, so is the traditional banking landscape (dominated by three large banking groups) contrasted by a fast-moving digital leader – Kaspi.kz (Kaspi). However, this was not the case for Kaspi.

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Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. Two key technologies, Encryption and Tokenization, are at the forefront of safeguarding sensitive information. Example algorithm: RSA (Rivest-Shamir-Adleman).

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Everything You Need to Know About Credit Card Processing

Stax

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Acquiring Bank: The business’ (i.e., merchant’s) bank.

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The Ultimate Guide to Accepting Credit Card Payments

Stax

Credit cards are a staple in the wallets of consumers today, and they will undoubtedly be a payment method of choice for years to come, particularly as the adoption of mobile and contactless payments continues to grow. Or they could use a mobile credit card terminal if they prefer to collect payments at the table.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments. From Asia to the Caribbean and Europe, central banks are grappling with how to digitise public money while preserving trust, utility, and sovereignty.

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