DBS generated ~SGD 1 billion in economic value from data analytics and AI/ML initiatives in 2025,
demonstrating measurable impact from AI in banking

As an AI-enabled bank with a heart, DBS is scaling AI responsibly, including through strengthened
governance and controls

SINGAPORE, July 20, 2026 /PRNewswire/ — DBS has been named Asia’s Best Digital Bank at the Euromoney Awards for Excellence 2026, underscoring the bank’s leadership in harnessing artificial intelligence and digital innovation to shape the future of banking. This is in addition to three other regional wins, including Asia’s Best Digital Bank for Corporates, Asia’s Best Bank for Customer Experience for the second consecutive year, and ASEAN’s Best Bank.

Recognised for demonstrating measurable business impact from AI in banking

Being named “Asia’s Best Digital Bank” reflects DBS’ longstanding commitment to reimagining banking through technology and its mission to be an AI-enabled bank with a heart. Across the organisation, DBS has embedded AI into customer and employee journeys, moving beyond experimentation to driving transformation at scale. In 2025, over 2,000 models and more than 430 use cases had been deployed across the bank. In all, DBS’ data analytics and AI/ ML initiatives generated approximately SGD 1 billion in economic value.

“In 2025, artificial intelligence was a theme discussed widely across investor calls in the banking sector, but few institutions demonstrated its value with the same clarity and consistency as DBS,” Euromoney said in its award citation. “At the core of this performance is a bank-wide capability to move ideas from experimentation to scaled deployment with discipline and speed.”

DBS scales AI responsibly to deliver trusted banking experiences

DBS’ digital transformation has evolved from reimagining customer journeys to transformative initiatives which have enterprise-wide impact, or Operating Model Transformations (OMTs). OMTs involve re-engineering processes for human and AI collaboration; leveraging tools to enhance workflows; reskilling employees for new and augmented roles; and implementing simplified, adaptive organisational structures. These efforts are helping employees reduce toil, improve productivity and focus on higher-value activities, while enabling the bank to scale innovation across its businesses.

“As banking enters a new phase shaped by generative and agentic AI, DBS has moved early, demonstrating what scaled, real-world application can look like,” Euromoney noted.

Central to DBS’ approach is a strong emphasis on trust and responsible adoption. As the bank scaled its use of generative and agentic AI, it strengthened governance frameworks and implemented enterprise-wide controls to manage AI risks and ensure that AI is deployed in a safe and ethical manner.

Tan Su Shan, DBS CEO, said: “We are honoured to be named Asia’s Best Digital Bank by Euromoney. This recognition reflects our leadership in harnessing AI, while staying grounded in trust, empathy, safety and governance. As we expand the use of agentic AI across the bank, we will continue investing in our people and technology infrastructure to deliver seamless and more intuitive experiences for our customers.”

 DBS has been recognised over the years for its digital leadership. Euromoney named DBS World’s Best Digital Bank in 2016, 2018 and 2021, and most recently, Asia’s Best Digital Bank in 2025. Global Finance also recognised DBS as the inaugural World’s Best AI Bank in 2025 and has named it World’s Best Corporate Digital Bank twice. This latest accolade reinforces DBS’ longstanding leadership in reimagining banking through technology and innovation.

About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

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SOURCE DBS BANK LTD

BEIJING, July 19, 2026 /PRNewswire/ — On July 18, in Rongjiang County, Guizhou Province, China, the much-anticipated Guizhou Village Super League staged several thrilling grassroots football matches, accompanied by a one-of-a-kind football culture creative showcase.

The showcase, themed Common Love, blended fashion runway elements with local music and dance, presenting 16 distinctive football-themed jersey designs. These featured Italian architectural graffiti, Brazilian color blocks, as well as motifs of the Great Wall, pandas, Chinese auspicious clouds, and ethnic patterns. The outfits were modeled by over 20 young people from diverse walks of life in Guizhou, while the designs themselves were contributed by more than 100 youth participants from over 20 countries and regions during the China-Europe Youth Exchange Campaign: When Fashion Meets Football.

Launched by the China Media Group, European and Latin American Languages Programming Center, the campaign took football as a shared global language. Through youth creative workshops and interactive exchanges, it encouraged young people worldwide to harness AIGC tools to design football jersey patterns, thereby deepening mutual understanding and strengthening friendship.

This initiative drew enthusiastic participation from youth across the globe, who engaged in online dialogues on sports culture and AI-driven creativity. Experts such as Ana Vasques, Executive President, IETI Artificial Intelligence & Creative Design branch; Giulio Cuomo, Professor of Video Production and AI at Accademia Italiana; and Dr. Zhang Youyu, Distinguished Research Fellow at Peking University, shared their insights based on the campaign’s outcomes. They emphasized that football has long transcended the realm of sport, evolving into a cultural symbol that embodies diverse civilizations. Meanwhile, the innovative application of artificial intelligence is opening new pathways for cross-cultural dialogue among global youth.

Video – https://www.youtube.com/watch?v=JhzZPHPk8IA

Photo – https://mma.prnewswire.com/media/3006669/20260719205937_131_59.jpg

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The recognitions highlight Singtel’s leadership in secure connectivity, network transformation, IoT innovation, and cybersecurity, delivering customer value through intelligent digital infrastructure and AI-enabled enterprise services.

SAN ANTONIO, July 20, 2026 /CNW/ — Frost & Sullivan is pleased to honor Singtel with the 2026 Southeast Asia IoT Connectivity Service Provider Company of the Year, 2026 Singapore Network Transformation Customer Value Leadership, 2026 Singapore Cybersecurity Services Company of the Year, and 2026 Singapore SD-WAN and SASE Service Provider Company of the Year recognitions. These acknowledgements reflect Singtel’s outstanding achievements in delivering secure, intelligent, and scalable digital infrastructure that enables enterprises to modernize operations, simplify complexity, and accelerate digital transformation across Singapore and Southeast Asia. They underscore the company’s consistent leadership in strategy execution, customer value creation, and innovation across enterprise connectivity, cybersecurity, software-defined networking, and IoT connectivity services.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Singtel excelled in both, demonstrating its ability to anticipate evolving enterprise requirements while consistently translating long-term vision into measurable customer outcomes. Through platforms such as Singtel CUBΣ (CUBE) and its multidomestic IoT connectivity architecture, the company continues to unify networking, cybersecurity, automation, and AI-driven intelligence into integrated solutions that address the growing complexity of hybrid, multicloud, and connected environments. “Singtel has established itself as a benchmark for enterprise digital infrastructure by converging connectivity, cybersecurity, network intelligence, and IoT orchestration into a unified, customer-centric ecosystem. Its disciplined execution, platform-led innovation, and commitment to simplifying complex enterprise environments continue to strengthen operational resilience and deliver sustained value for organizations across the region,” said Kenny Yeo, Director at Frost & Sullivan.

Guided by a long-term strategy focused on digital innovation, intelligent infrastructure, and customer-centric transformation, Singtel has moved well-beyond traditional telecommunications to a trusted technology partner for enterprises navigating increasingly connected and data-driven environments. Its strategic investments in AI-enabled operations, cloud-native platforms, secure connectivity, and ecosystem partnerships enable organizations to modernize critical infrastructure while maintaining the flexibility to support future business growth.

The company’s strategic agility and sustained investment in integrated digital platforms have enabled it to scale innovative services across local, regional, and global enterprise environments. Innovation remains central to Singtel’s approach through solutions including the CUBΣ connected intelligence platform, multidomestic IoT connectivity powered by eSIM orchestration, managed cybersecurity services, AI-driven network automation, and network-as-a-service capabilities. These solutions simplify network and security management, strengthen cyber resilience, improve operational visibility, and provide enterprises with scalable, secure, and high-performing connectivity across cloud, edge, IoT, and hybrid infrastructures.

By streamlining service delivery through intelligent automation, centralized orchestration, proactive monitoring, and flexible managed and co-managed service models, Singtel continues to help organizations reduce operational complexity while improving service reliability and business agility. Its ability to integrate best-of-breed technologies in a unified operational framework, combined with strong regional network ownership and localized expertise, enables customers to confidently scale digital initiatives while maintaining security, governance, and operational excellence.

Frost & Sullivan commends Singtel for setting a high standard in competitive strategy, execution, and customer value across multiple technology domains. By combining intelligent networking, secure digital infrastructure, AI-enabled operations, and cross-border IoT capabilities in an integrated platform strategy, the company is shaping the future of enterprise connectivity while helping organizations build resilient, future-ready digital ecosystems.

Each year, Frost & Sullivan presents its Company of the Year and Customer Value Leadership recognitions to organizations that demonstrate outstanding strategy development and implementation, resulting in measurable improvements in customer satisfaction, competitive positioning, and business performance. These recognitions honor forward-thinking companies that continuously raise industry standards through innovation, operational excellence, and long-term value creation.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
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Contact:
Tarini Singh
E: Tarini.Singh@frost.com

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SOURCE Frost & Sullivan