DBS and Stripe have formed a strategic partnership to accelerate growth in agency commerce and cross-border payments across Asia. The partnership leverages DBS's Asian network and Stripe's programmable financial services to help businesses move funds more efficiently. They will also explore agentic AI to improve transaction security and efficiency. DBS CEO Chen Sushan highlighted that Asia's digital economy is entering a new phase of innovation, with AI agents gaining traction. Stripe's CCO Fran Ryan noted that over half of users in the region already engage in cross-border sales. The collaboration supports Stripe's expansion in Asia and its transformation into a full-stack financial infrastructure provider. Forecasts suggest AI agents could orchestrate $5 trillion in global consumer commerce by 2030, and Asia's cross-border payment outflows may reach $24 trillion by 2033, accounting for 36% of the global total.
DBS and Stripe announced a strategic partnership on September 2. The goal: speed up agency commerce and cross-border payments across Asia. DBS brings its broad regional network. Stripe brings global, programmable financial services. Together, they will let businesses collect, move, and manage money across markets with less friction. The agreement also covers work on agentic AI tools for DBS clients, with transactions meant to become more efficient and secure.
DBS CEO Chen Sushan said in a statement: "Asia's digital economy is entering a new phase of innovation and growth. AI agents are gaining attention, and businesses of all sizes are expanding their global reach." Stripe Chief Commercial Officer Fran Ryan pointed out that Stripe launched in Singapore ten years ago. Today, more than half of its users in the region are involved in cross-border sales. The partnership backs Stripe's wider push across Asia and its shift toward becoming a full-stack financial infrastructure provider.
The companies expect AI agents to orchestrate as much as $5 trillion in global consumer commerce by 2030. Cross-border payment outflows from Asia, meanwhile, are projected to hit $24 trillion by 2033. That would equal 36% of the global total.
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