DBS launches digibank by DBS app in Indonesia

SINGAPORE (Aug 30): DBS Bank has launched its digibank by DBS app, a new-era, paperless mobile banking solution, in Indonesia.

This comes as part of the bank’s strategy to capture new market share from a growing base of Internet-savvy banking consumers by offering a digital solution to the old physical limitations of traditional banking.

The launch in Indonesia follows DBS’ roll-out of the app last April in India, where it has been able to win over 1.5 million new customers thus far with its new approach to banking.

---

Related Stories

• 80% of AI projects are projected to fail. Here's how it doesn't have to be this way
• Dell, HP report disappointing sales on slower PC market
• DBS keeps 'buy' on Seatrium following MOU to capture potential growth of rigs in India

---