DBS Bank opens Fintech R&D center in Taiwan
01/12/2021 05:35 PM
Lim Him Chuan, general manager of DBS Bank (Taiwan). CNA file photo
Taipei, Jan. 12 (CNA) Singapore-based DBS Bank has opened its third financial technology (Fintech) research and development center in the world in Taiwan, company executives announced at a news conference Tuesday.
Lim Him Chuan (林鑫川), general manager of DBS Bank (Taiwan), said the COVID-19 pandemic has increased demand for digital financial services, and his bank decided to set up an R&D center in Taiwan to build a lead over its local rivals in fintech development.
Lim said the bank wants to take advantage of Taiwan's large pool of technology professionals to integrate the bank's financial resources and provide fast and comprehensive services to its clients.