DBS Bank today set yet another global milestone with the launch of a banking API developer platform that is the largest by a bank anywhere in the world.
The scale of the endeavour at launch underlines DBS’ commitment to reimagining banking for the benefit of customers. For its innovation efforts, last year, DBS was named “World’s Best Digital Bank” by financial publication Euromoney.
The API platform will boost the bank’s lead in creating innovative and customer-centric experiences by making available a wide array of APIs for other brands, corporates, fintechs and software developers to plug into. This has the potential to significantly accelerate the bank’s digital ambition and customer impact.
With 155 APIs at launch for Singapore across more than 20 categories such as funds transfers, rewards, PayLah! and real-time payments, the platform will offer the world’s largest number of and most relevant banking APIs for companies, whatever their focus, from fintech to lifestyle to build upon. More categories will be added in response to demand.