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DBS Group to invest $300 mil to grow digital and intelligent banking capabilities

Felicia Tan
Felicia Tan11/2/2021 4:46 PM GMT+08  • 2 min read
DBS Group to invest $300 mil to grow digital and intelligent banking capabilities
DBS will also look into scaling the use of intelligent banking in its PayLah! app.
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DBS Group announced, on Nov 2, that it will invest $300 million in 2022 to further bolster its digital and intelligent banking capabilities for its wealth and retail customers.

The sum, which represents a 14% y-o-y increase, will also go into enhancing hyper-personalised experiences across the bank’s digital and physical touchpoints.

In addition, the investment will go towards boosting the bank’s tech infrastructure and talent, embedding intelligent banking predictive technology in more financial solutions to better empower self-directed customers.

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