Annual Report 2017

DBS PayLah!

DBS PayLah! is Singapore’s fastest-growing personal mobile wallet with more than 785,000 users. We were the first e-wallet in Singapore to enable QR code payments and now process more than 15,000 peer-to-peer transactions a day.

Acquiring wealth management customers online

37% of our new wealth management customers started their relationship with us online.

DBS iWealth

Our wealth management customers are the first in Singapore to be able to conduct banking transactions, manage their investment portfolio and trade from one single app.

Today, 92% of our equity transactions are done digitally. Of these, in the fourth quarter of 2017, 30% were done via the mobile phone.

POSB Smart Buddy

POSB Smart Buddy is the world’s first in-school wearable tech savings and payments programme. Since its official launch in August 2017, more than 30 schools have signed up for it.

World’s largest financial services application programming interface (API) platform

With over 180 APIs across more than 20 categories such as funds transfers, rewards, DBS PayLah! and real-time payments, DBS’ API platform counts as the world’s largest in the financial industry. Household names such as AIG, McDonald’s, MSIG and PropertyGuru have already plugged into it to develop solutions that help customers live more, bank less.

DBS Home360

The DBS Home360 app is the first app that introduced the power of virtual reality to the Hong Kong residential property market. It was developed in partnership with Century 21, one of Hong Kong’s largest realtors. Homebuyers are now able to get an affordability assessment on-the-go, while browsing shortlisted properties that DBS Home360 identifies. They can also make use of the virtual reality function and “tour” properties in the comfort of their own home.