DBS Bank

DBS Bank is a Singapore-based bank, providing full range of services in consumer, SME, and corporate banking activities across Asia and the Middle East. Based in Singapore, with additional operations in Hong Kong, the insurer is committed to expanding its pan-Asia franchise by leveraging its growing presence in mainland China, Hong Kong, and Taiwan to intermediate the increasing trade and investment flows between these markets. Likewise, DBS Bank is focused on extending its end-to-end services to facilitate capital within fast-growing countries in Indonesia and India.

As a bank that specialises in Asia, DBS Bank leverages its understanding of the region, local culture, and insights to serve and build lasting relationships with its clients. It has over 17,000 staff, representing over 30 nationalities. 

In 2019, its branch launched a comprehensive cyber insurance package (CyberOne), in partnership with Chubb, that covers such areas as trauma counselling, legal consultation and action, and tech support. Later that year, they would also band together with Sun Life Hong Kong and use the HKMA's Faster Payment System (FPS) to enable insurance claimants to submit hospitalisation and accident claims using the eClaims feature on the My Sun Life HK app. The catch? You have to be a DBS Bank Hong Kong customer, as the process makes use of and DBS’ Application Programming Interface (API) solution, IDEAL RAPID, to facilitate real-time payment.

The catch, of course, is that you have to be a DBS Bank Hong Kong customer as the process makes use of and DBS’ Application Programming Interface (API) solution, IDEAL RAPID to facilitate real-time payment.