DBS Bank has established a strategic partnership with Stripe to jointly promote agency commerce and cross-border payments in Asia.

DBS Bank and Stripe have announced a strategic partnership aimed at accelerating the growth of agency business and cross-border payments in Asia. The two sides will combine DBS’s regional network across Asia with Stripe’s global programmable financial services capabilities to help businesses seamlessly receive, move and manage funds across markets. The collaboration will also explore developing agent AI capabilities for DBS clients to make transactions more efficient and secure. DBS CEO Sissie Chua said: “Asia’s digital economy is entering a new phase of innovation and growth, with AI agents gaining attention as businesses of all sizes expand into global markets.” Stripe Chief Commercial Officer Fran Ryan noted that Stripe launched in Singapore a decade ago, and over half of its users in the region now conduct cross-border sales. The partnership will support Stripe’s expansion in Asia and help it transition into a full-stack financial infrastructure provider. Projections show that by 2030, AI agents will orchestrate up to $5 trillion in global consumer commerce; by 2033, Asia’s cross-border payment outflows are expected to reach $24 trillion, accounting for 36% of the global total.