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DBS DIALS UP DIGITALISATION EFFORTS TO MEET BURGEONING DEMAND FOR SUPPLY CHAIN FINANCING ACROSS ASIA

/PRNewswire/ With prolonged global trade disruptions accelerating the demand for digital services to strengthen supply chains, DBS is dialling up efforts on.

DBS dials up digitalisation efforts to meet burgeoning demand for supply chain financing across Asia

With prolonged global trade disruptions accelerating the demand for digital services to strengthen supply chains, DBS is dialling up efforts on digitalising fin

People Digest: Monk s Hill poaches ex-Citi banker; DBS gets senior hires in SG, Malaysia

streetAsia s premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi

DBS announces new senior appointments in Singapore and Malaysia

SINGAPORE (March 1): DBS Group Holdings, on Monday, announced two senior-level appointments within the bank. Abdul Raof Latiff, who is currently DBS’s group head of digital for institutional banking and group head of global transaction services (GTS) product management, will replace Jeffrey Ling as the DBS Malaysia country head from June 1.

Euromoney Is it finally time for blockchain to transform trade finance?

Fourth-quarter numbers from Asia’s biggest trade finance banks suggest that business in the region has bounced back rapidly. Corporates have changed their approach to their manufacturing bases and supply chains, and have accelerated their use of technology. In the first of a two-part series, Euromoney finds there are lessons here for the rest of the world when the pandemic eventually eases. Ever since distributed-ledger technologies and blockchain entered the industry lexicon about six years ago, it has been widely believed that trade finance ought to be an area where this technology should excel. It is a field crying out for disruption, with far too much paper and labour-intensive back office work which ought, theoretically, to fit quite well with distributed-ledger technologies. “Traditionally, a shipment of oil from the Middle East to Asia has taken a week, while the document has taken three weeks,” says Raof Latiff, group head of digital at DBS Bank.

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