{"id":7484,"date":"2022-05-11T09:59:36","date_gmt":"2022-05-11T08:59:36","guid":{"rendered":"https:\/\/10.81.104.155\/int\/?post_type=article&#038;p=7484"},"modified":"2022-11-16T03:55:45","modified_gmt":"2022-11-16T03:55:45","slug":"digitalize-revolutionize","status":"publish","type":"article","link":"https:\/\/sponsorcontent.cnn.com\/int\/dbs-bank\/digitalize-revolutionize\/","title":{"rendered":"Digitalize \u2013 Revolutionize"},"content":{"rendered":"\n  <style>\n    @media (min-width: 980px) {\n      .wp-block-hero__heading { font-size: 82px !important}\n      .wp-block-hero__sub-heading { font-size: 28px !important}\n    }\n  <\/style>\n\n<article class=\"wp-block-hero break-out\">\n\n      <div class=\"wp-block-hero__background\">\n                        <img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-hero.jpg\" alt=\"\" class=\"wp-block-hero__background__image wp-block-hero__background__image--desktop lazy\">\n              \n          <\/div>\n  \n  <i class=\"wp-block-hero__overlay\" aria-hidden=\"true\"><\/i>\n\n  \n      <i\n    aria-hidden=\"true\"\n    class=\"wp-block-hero__custom-overlay\"\n    style=\"background-color:#000000;opacity:0.11\"><\/i>\n  \n  \n  <div class=\"wp-block-hero__intro-wrap container\">\n    <h1 class=\"wp-block-hero__heading\">Digitalize \u2013 Revolutionize<\/h1>\n  \n      <\/div>\n\n\n  \n    <div class=\"wp-block-hero__content-by wp-block-hero__content-by--wrap container\">      \n      <ul class=\"wp-block-hero__logos\">\n                  <li class=\"wp-block-hero__item\">\n\n                          <a href=\"https:\/\/www.dbs.com\/portraits-of-purpose\/index.html\" target=\"_blank\" rel=\"sponsored noopener\">\n            \n                          <img data-src=https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2021\/06\/DBSlogo_white-300x88.png alt=\"\" class=\"wp-block-hero__icon lazy\">\n            \n                          <\/a>\n            \n          <\/li>\n              <\/ul>\n    <\/div>\n    \n  <\/article>\n\n\n\n<p class=\"has-text-align-left has-large-font-size\">Digital solutions have proven essential to banking continuity during the pandemic. They will also help drive the recovery.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p>Covid-19 is accelerating global trends that were in motion long before the pandemic. Working remotely, for example, was a burgeoning prospect available to office workers in a modest but increasing number of industries during the 2010s. In the age of Covid-19, it has become the norm. Analysts are also expecting trend acceleration through the recovery. In manufacturing, for instance, businesses have long been trying to diversify their supply chain. Lockdown disruptions have reenergized these ambitions, highlighting that diversification is not just desirable for profitability but essential for continuity.<\/p>\n\n\n<figure class=\"wp-block-image wp-block-image--default \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-100x67.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro.jpg 1920w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-300x200.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-1024x683.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-768x512.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-1536x1024.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-1247x831.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-826x551.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-600x400.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-100x67.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-520x347.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-intro-260x173.jpg 260w\" width=\"1920\" height=\"1280\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure>\n\n\n<p>Digitization began to emerge in the 1990s, which included the shift to offering online and digital banking activities.&nbsp;Money transfers, loan applications and other banking services have experienced growing consumer acceptance.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>In order to remain relevant, we need to reimagine banking. To do that, we must make the lives of our customers simple.<\/p><cite>Soh Siew Choo, DBS Bank\u2019s managing director and group head of consumer banking, big data and AI technology<\/cite><\/blockquote>\n\n\n\n<p>At the turn of the pandemic, financial institutions are rising to the challenge of necessary reinvention. For example, DBS Bank, expedited their digital transformation, including deploying solutions that give businesses contact-free banking options like fully digitalized banker\u2019s guarantees, sales invoice financing, and import letters of credit. When financial institutions act innovatively to solve specific problems, they see success in their broader mission, such as expanding financial inclusion for underserved communities, enabling opportunities for businesses to take the next step, and increasing access to financing.<\/p>\n\n\n\n<div class=\"wp-block-group has-white-color has-black-background-color has-text-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-cnn-heading\"><h2 id=\"financial-inclusion-for-people\" class=\"wp-block-cnn-heading__heading\">Financial Inclusion for People<\/h2><div class=\"wp-block-cnn-heading__content\"><p>The World Bank sees financial inclusion \u2013 the process of giving individuals and businesses access to useful and affordable banking services \u2013 as key to alleviating poverty and boosting prosperity. Yet even in affluent societies, the most impoverished members, such as low-skilled migrant workers, face access challenges.<\/p><\/div><\/div>\n\n\n<figure class=\"wp-block-image wp-block-image--large \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-100x67.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial.jpg 1920w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-300x200.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-1024x683.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-768x512.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-1536x1024.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-1247x831.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-826x551.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-600x400.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-100x67.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-520x347.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-260x173.jpg 260w\" width=\"1920\" height=\"1280\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure><\/div><\/div>\n\n\n\n<p>Singapore is one of the world\u2019s largest net importers of migrant labor. Many are essential to the construction, hospitality, and domestic service industries. Singapore also has one of Asia\u2019s most sophisticated banking systems designed for the needs of migrant workers, which harnesses digital services powered by POSB Bank, a subsidiary of DBS Bank. The POSB Jolly mobile application was developed specifically to provide migrant workers access to a suite of internet and mobile banking services, including SMS banking. Since the release of the application, POSB Jolly has been downloaded 520,000 times, serving a sizeable chunk of the migrant worker community.<\/p>\n\n\n<figure class=\"wp-block-image wp-block-image--default \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-100x67.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02.jpg 1920w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-300x200.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-1024x683.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-768x512.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-1536x1024.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-1247x831.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-826x551.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-600x400.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-100x67.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-520x347.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s1-financial-02-260x173.jpg 260w\" width=\"1920\" height=\"1280\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure>\n\n\n<p>Covid-19 outbreaks disproportionately affected these communities, and many migrant worker neighborhoods experienced stricter lockdowns than the rest of the country as a result. The situation reinforced the need for digital banking services, as workers could not physically collect their salaries. POSB Bank responded by fast-tracking the online banking registrations from migrant workers that enabled the much-needed payment of salaries. POSB Bank aims to serve digital contactless banking services to all migrant workers in Singapore by the end of 2020.<\/p>\n\n\n\n<div class=\"wp-block-group has-white-color has-black-background-color has-text-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-cnn-heading\"><h2 id=\"leveling-up-for-business\" class=\"wp-block-cnn-heading__heading\">Leveling Up for Business<\/h2><div class=\"wp-block-cnn-heading__content\"><p>Digitalization also creates more opportunities for business. Hong Kong has a strong ecosystem of family-owned businesses that have been serving the territory for decades. Chun Au Knitting Factory Limited (CHICKS) began as a small garment export and manufacturing business in the 1930s; today, they are a chain of apparel stores with tens of locations across the territory.<\/p><\/div><\/div>\n\n\n<figure class=\"wp-block-image wp-block-image--full-width \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-100x56.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up.jpg 1920w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-300x169.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-1024x576.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-768x432.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-1536x864.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-1247x701.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-826x465.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-600x338.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-100x56.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-520x293.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-260x146.jpg 260w\" width=\"1920\" height=\"1080\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure><\/div><\/div>\n\n\n\n<p>CHICKS has survived for almost a century by embracing new ideas, including digital solutions for their customers. They participated in the pilot program for DBS MAX, a mobile application and QR collection solution that enables in-store customers to pay using their cellphones. Jennifer Tam, fourth generation and managing director at CHICKS, sees this as \u201cthe trend going forward.\u201d Innovations such as these have helped Ms. Tam transform CHICK\u2019s brand from traditional to cutting edge, attracting younger customers, and increasing their competitiveness.<br><br>Covid-19 poses particular problems for small businesses, but digitalization can provide innovative solutions. Wong Hing Kong, director of Unidbox Hardware, a hardware store group with three retail locations in Singapore, began selling online before the pandemic. The move online proved essential for business continuity, especially when Singapore went into lockdown. After experiencing the benefits, Mr. Wong is keen to digitalize further and is currently developing an application for his business. <\/p>\n\n\n<figure class=\"wp-block-image wp-block-image--default \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-100x56.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02.jpg 1920w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-300x169.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-1024x576.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-768x432.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-1536x864.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-1247x701.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-826x465.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-600x338.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-100x56.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-520x293.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s2-level-up-02-260x146.jpg 260w\" width=\"1920\" height=\"1080\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure>\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>We are also going to go on Facebook Live, so that we can interact more with our customers. This is what it means to do business. No matter the situation, we remain decisive, and we move accordingly.<\/p><cite>Wong Hing Kong, director of Unidbox Hardware<\/cite><\/blockquote>\n\n\n\n<div class=\"wp-block-group has-white-color has-black-background-color has-text-color has-background\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-cnn-heading\"><h2 id=\"rapid-access-to-financing\" class=\"wp-block-cnn-heading__heading\">Rapid Access to Financing<\/h2><div class=\"wp-block-cnn-heading__content\"><p>Access to financing has proven especially important for interdependent business networks during times of crisis. If one business goes down, the entire network will suffer. For consumer electronics and home appliance giant, Haier Group (Haier), supplying a market the size of China requires a countrywide network of distributors \u2013 and Covid-19 is the crisis wreaking havoc on the ecosystem.<\/p><\/div><\/div>\n\n\n<figure class=\"wp-block-image wp-block-image--large \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-100x56.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b.jpg 1920w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-300x169.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-1024x576.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-768x432.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-1536x864.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-1247x701.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-826x465.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-600x338.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-100x56.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-520x293.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-b-260x146.jpg 260w\" width=\"1920\" height=\"1080\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure><\/div><\/div>\n\n\n\n<p>Haier recognized the problems facing its distributors, many of which are small and medium enterprises (SMEs) with limited access to financing. Haier utilized its digital supply chain platform and leveraged DBS Bank\u2019s APIs to provide same-day financing for its distributors, tiding the businesses over until the crisis subsides. \u201cWith DBS [Bank]\u2019s digital financing facility, Haier\u2019s distribution partners can access low-cost financing with just a few clicks of the mouse,\u201d says Yang Hongxing, Head of Supply Chain Finance, Haier. During the first week after the initial launch in early 2020, DBS Bank facilitated the digital onboarding of close to 30 distributors nationwide.<br><br>Innovative financial institutions will continue to digitalize their services, not just because it&#8217;s good for banks but also because it&#8217;s good for people.<\/p>\n\n\n<figure class=\"wp-block-image wp-block-image--default \"><img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-100x56.jpg\" data-srcset=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03.jpg 1918w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-300x169.jpg 300w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-1024x577.jpg 1024w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-768x432.jpg 768w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-1536x865.jpg 1536w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-1247x702.jpg 1247w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-826x465.jpg 826w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-600x338.jpg 600w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-100x56.jpg 100w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-520x293.jpg 520w, https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2022\/05\/2020-DBS-bank-AF5-digitize-s3-rapid-access-03-260x146.jpg 260w\" width=\"1918\" height=\"1080\" alt=\"\" class=\"wp-block-image__image lazy\"><\/figure>\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>People need banking, not banks.<\/p><cite>Piyush Gupta, CEO of DBS Bank<\/cite><\/blockquote>\n\n\n\n\t<article class=\"wp-block-video\">\n\t\t<figure class=\"container\">\n\t\t\t<div class=\"wp-block-video__wrapper\">\n\n\t\t\t\t<div\n\t\t\t\tdata-plyr-provider=\"vimeo\"\n\t\t\t\tclass=\"wp-block-video__player\"\n\t\t\t\tdata-plyr-provider=\"vimeo\"\n\t\t\t\tdata-plyr-embed-id=\"https:\/\/vimeo.com\/470447570\"\n\t\t\t\t><\/div>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t<\/article>\n\n\n\n\n<article class=\"wp-block-related-content break-out\">\n  <div class=\"container\">\n\n          <h2 class=\"wp-block-related-content__heading\">READ MORE<\/h2>\n    \n          <div class=\"wp-block-related-content__grid wp-block-related-content__grid--large\">\n\n                  <article class=\"wp-block-related-content__item\">\n            <a\n            href=\"https:\/\/sponsorcontent.cnn.com\/int\/dbs-bank\/rebuilding-through-a-crisis\/\"\n            class=\"wp-block-related-content__link\"\n            target=\"_self\"\n                        >\n\n                              <div class=\"wp-block-related-content__media\">\n                  <img data-src=https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2021\/08\/hub_01-1024x683.jpeg alt=\"\" class=\"wp-block-related-content__image lazy\">\n                <\/div>\n              \n                              <h3 class=\"wp-block-related-content__title\">Rebuilding Through a Crisis<\/h3>\n              \n            <\/a>\n          <\/article>\n                  <article class=\"wp-block-related-content__item\">\n            <a\n            href=\"https:\/\/sponsorcontent.cnn.com\/int\/dbs-bank\/waste-not-want-yes\"\n            class=\"wp-block-related-content__link\"\n            target=\"_self\"\n                        >\n\n                              <div class=\"wp-block-related-content__media\">\n                  <img data-src=https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2021\/08\/hub_02-1024x935.jpeg alt=\"\" class=\"wp-block-related-content__image lazy\">\n                <\/div>\n              \n                              <h3 class=\"wp-block-related-content__title\">Waste Not, Want Yes<\/h3>\n              \n            <\/a>\n          <\/article>\n        \n      <\/div>\n    \n  <\/div>\n<\/article>\n\n\n<article class=\"wp-block-related-content break-out\">\n  <div class=\"container\">\n\n    \n          <div class=\"wp-block-related-content__grid wp-block-related-content__grid--large\">\n\n                  <article class=\"wp-block-related-content__item\">\n            <a\n            href=\"https:\/\/sponsorcontent.cnn.com\/int\/dbs-bank\/the-next-game-plan\/\"\n            class=\"wp-block-related-content__link\"\n            target=\"_self\"\n                        >\n\n                              <div class=\"wp-block-related-content__media\">\n                  <img data-src=https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2021\/08\/hub_03-1024x844.jpeg alt=\"\" class=\"wp-block-related-content__image lazy\">\n                <\/div>\n              \n                              <h3 class=\"wp-block-related-content__title\">The Next Game Plan<\/h3>\n              \n            <\/a>\n          <\/article>\n                  <article class=\"wp-block-related-content__item\">\n            <a\n            href=\"https:\/\/sponsorcontent.cnn.com\/int\/dbs-bank\/onwards-and-upwards\/\"\n            class=\"wp-block-related-content__link\"\n            target=\"_self\"\n                        >\n\n                              <div class=\"wp-block-related-content__media\">\n                  <img data-src=https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2021\/08\/hub_04-1024x807.jpeg alt=\"\" class=\"wp-block-related-content__image lazy\">\n                <\/div>\n              \n                              <h3 class=\"wp-block-related-content__title\">Onwards and Upwards<\/h3>\n              \n            <\/a>\n          <\/article>\n        \n      <\/div>\n    \n  <\/div>\n<\/article>\n\n\n<article class=\"wp-block-cta break-out\">\n\n\n      <div class=\"wp-block-cta__background\">\n                        <img data-src=\"https:\/\/sponsorcontent.cnn.com\/int\/wp-content\/uploads\/2021\/06\/DBS_AF1_CTA_05-1.jpg\" alt=\"\" class=\"wp-block-cta__background__image wp-block-cta__background__image--desktop lazy\">\n                        <\/div>\n  \n      <i\n    aria-hidden=\"true\"\n    class=\"wp-block-cta__custom-overlay\"\n    style=\"background-color:#000000;opacity:0.45\"><\/i>\n  \n  <div class=\"container\">\n\n          <h3 class=\"wp-block-cta__heading\">Discover how DBS Bank is working hand&nbsp;in&nbsp;hand with businesses toward a&nbsp;better&nbsp;future.<\/h3>\n    \n    \n    <div class=\"wp-block-cta__buttons\">\n              <a\n        rel=\"sponsored\" href=\"https:\/\/sponsorcontent.cnn.com\/int\/dbs\/emerging-stronger\/\"\n        target=\"_self\"\n                class=\"button wp-block-cta__cta\">\n          Emerging Stronger        <\/a>\n      \n              <a\n        href=\"http:\/\/www.dbs.com\/portraits-of-purpose\/index.html\"\n        target=\"_blank\"\n        rel=\"noopener noreferrer\"        class=\"button wp-block-cta__cta\">\n          Portraits of Purpose        <\/a>\n      \n    <\/div>\n  <\/div>\n<\/article>","protected":false},"featured_media":7515,"template":"","class_list":["post-7484","article","type-article","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO 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