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DBS to accelerate future banking innovation

DBS Accelerator will host start-ups year round to continuously help strengthen the bank’s key transformational journey.

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Innovative FinTech solutions to enhance how banks digitally on-board customers, engage customers with gamification, monitor compliance and manage risk, as well as impactful ways to leverage cybersecurity, are key areas of focus as DBS Accelerator kicks off the second wave of applications under a new “always-on” programme format. 

DBS Bank (Hong Kong) and Nest, a global innovation platform supporting entrepreneurs, are creating opportunities for innovators across Asia and around the world to transform the digital agenda via the successful DBS Accelerator programme. Under the new “always-on” programme format, DBS Accelerator will host start-ups year round to continuously help strengthen the bank’s key transformational journey. Participating startups will have the chance to explore collaborative opportunities with the bank.

DBS Bank (Hong Kong) CEO Sebastian Paredes, said, “The rapid pace of financial innovation is spurring many exciting breakthroughs that are transforming the way customers experience banking. Through the successful DBS Accelerator programme, we are actively shaping the future of banking as an active participant and partner in the FinTech ecosystem.” 

Nest CEO Lawrence Morgan said, “We believe in startups and corporates working together to drive the future of banking. The programme creates the opportunity for startups to validate and commericalise their solutions through a uniquely structured and collaborative approach. It’s truly an exciting time to be at the forefront of this technology-driven transformation.”