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DBS Accelerator explores future technologies for Banking Sector

Start-ups to focus on digitizing customer experience, gamification and compliance, plus cybersecurity and more

 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.

Applications from FinTech startups are now welcome via www.dbs-accelerator.com, where more details of the programme are available. The deadline to submit applications for review is 22 January 2018.

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.”

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