Singapore’s largest bank, DBS, has recently announced the elimination of 4,000 jobs worldwide over the next three years, citing the adoption of Artificial Intelligence in banking functions.

Singapore: Southeast Asia's largest bank DBS said that 4,000 jobs could be cut in the next three years and be replaced by artificial intelligence as the technology becomes more advanced.

Southeast Asia’s largest bank DBS said that 4,000 jobs could be cut in the next three years and be replaced by artificial intelligence as the technology becomes more advanced.“Over the next three ...

SINGAPORE - DBS Bank has identified about 13,000 staff for upskilling or reskilling and over 10,000 of them have started training for artificial intelligence (AI) and data-related skills ...

Global banking major DBS Group expects a 10 per cent reduction in its workforce ... He reminisced that in 2016-17, the bank embarked on a digital transformation which was seen impacting 1,600 people ...

Singapore's biggest bank, DBS, says it expects to cut about 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. The move will affect ...

As an Asia-centric bank, DBS views enabling the region's transition to net-zero as both a business and social imperative. In 2024, the bank led several innovative transactions across various markets ...

PGM Veloso advised the public to make use of the digital booth as a learning tool. “The digital booth is not just meant for you to be able to transact. It is an opportunity to aid and teach older ...

a move that could lead to Europe’s largest monetary policymaker issuing a central bank digital currency, or CBDC. The digital payments infrastructure initiative, announced Thursday by the ECB, will ...

DBS Bank’s mobile app in ... and mainland China’s Ping An Pocket Bank tied for second in Asia and ranked 16th worldwide with a score of 67. Two digital lenders – Hong Kong’s Mox Bank ...

Mercantile Bank inaugurated a state-of-the-art CRM Booth at its main branch at Dilkusha on Sunday, offering 24/7 cash deposit and withdrawal services through a single machine. Mati Ul Hasan, managing ...