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Watsons Spearheads Aesthetic Beauty Trend With Strategic JCprogram Expansion Across Asia

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Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 9 October 2025 – Watsons, AS Watson Group’s flagship health and beauty brand, strategically positions itself at the forefront of the global aesthetic beauty revolution through accelerating the expansion of JCprogram, an exclusive Japanese clinical skincare brand, across Asia.

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Building on its successful debut in Watsons China in 2021, where JCprogram has quickly became the Watsons’ No. 1 aesthetic beauty brand, it expanded into Watsons Taiwan in 2024. Within months of launching in Hong Kong in May 2025, JCprogram became leading exclusive aesthetic brand in Watsons Hong Kong, highlighting the substantial customer demand for aesthetic beauty solutions that go far beyond just derm. This remarkable performance has accelerated Watsons’ strategic expansion into Thailand and Malaysia, targeting key growth markets with significant aesthetic beauty potential.

At the exclusive launch ceremony of JCprogram in Malaysia, Watsons welcomed Dr. Nobutaka Furuyama, founder of JCprogram and Japan’s renowned cosmetic surgeon, to commemorate the exclusive partnership with Watsons and the brand’s successful regional expansion. The launch also marked with an experiential facial spa for beauty editors and a preview for celebrities, showcasing the brand’s aesthetic innovations. Exclusive member offers accompany the launch, delivering clinical-grade skincare and added value to its beauty community.

Caryn Loh, COO of Health & Beauty Asia, AS Watson Group said, “JCprogram’s rapid expansion and category leadership demonstrate the extraordinary market appetite for scientifically-backed aesthetic beauty solutions. Watsons is strategically positioned to capture the most significant growth opportunity in beauty retail, while delivering breakthrough innovations that meet rapidly evolving customer demands for clinical-grade results.”

Aesthetic Beauty Revolution: Three Transformative Trends Reshaping Beauty Markets

This launch capitalises on unprecedented market transformation, as the global aesthetic beauty sector projects explosive growth from USD19.6 billion in 2025 to USD35 billion by 2033, representing a robust 7.5% compound annual growth rate.[1]

The aesthetic beauty landscape is undergoing its most significant transformation, shifting customer preferences from invasive procedures toward sophisticated, non-invasive and science-driven beauty solutions. This evolution is driven by three key trends:

  1. the longevity skincare movement focusing on cellular-level health through DNA repair and molecular protection;
  2. non-invasive treatment dominance reflecting customer preference for natural-looking enhancements; and
  3. demand for scientific transparency where customers seek clinically-proven actives with documented professional-grade efficacy.

Revolutionary JCprogram Technology Meets Asian Market Demand

Recognising these transformative market dynamics, Watsons has exclusively partnered with JIYUGAOKA CLINIC to launch JCprogram, a revolutionary Japanese clinical-grade skincare brand that directly addresses all these major aesthetic beauty trends through innovative “1:1 Seamless Aesthetic Replication” technology. Founded by Dr. Nobutaka Furuyama, recognised as “Asia’s Premier Micro-Aesthetic Surgeon”, JCprogram represents the convergence of 30 years of clinical aesthetic expertise with cutting-edge skincare science.

JCprogram’s breakthrough approach features three specialised treatment series that replicate professional medical procedures with documented clinical results:

  1. Sculpt & Glow Series delivering Thermage-comparable results with 32.24% wrinkle reduction and 20.9% skin firmness improvement in two weeks
  2. Aqua Booster Series offering 1:1 mesotherapy replication with 30.24% moisture improvement; and 27.69% radiance enhancement in seven days
  3. Dermal Repairing Series providing medical-grade recovery solutions that decrease epidermal moisture loss rate by 9.2% in just two weeks

This breakthrough innovation has been developed to democratise access to premium aesthetic treatments across Asia, enabling customers to enjoy high-efficacy experience through convenient, safe, and cost-effective home-use solutions that deliver dual experiential benefits without the risks and costs associated with invasive procedures.

Looking ahead, Watsons will continue to capture aesthetic beauty opportunities across its over 8,000 store network to meet evolving customer needs and reinforce its market leadership position, helping customers look good, do good, and feel great through innovative beauty solutions that redefine industry standards.

Hashtag: #ASWatson #Watsons



The issuer is solely responsible for the content of this announcement.

Fusion Marketplace Turns “SimCity” Into Reality With AI-Powered Home Design and FengShui

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Advertorial Desk
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SINGAPORE, Oct. 9, 2025 /PRNewswire/ — A new AI-powered design and material marketplace is reinventing how people create their living spaces. Inspired by the city-building game SimCity, it lets homeowners upload photos of their rooms and instantly visualise them with real furniture, tiles, paints, materials and design styles.

Unlike traditional 3D rendering, which is often costly and slow, the platform’s AI makes design simple, interactive, and immediate. Users can drag, drop, and swap real products in their own rooms, seeing exactly how everything looks before buying or hiring a professional.

A standout feature is the Inspiration Board, similar to Pinterest, where homeowners can explore curated styles and infuse their favourite looks into their own room photos. With a single click, they can send quote requests to over 3,000 interior designers, turning ideas into action within minutes.

The platform also offers a Fengshui AI Scan, drawing from more than 100,000 real case studies. By analysing each user’s Bazi birth data, it provides personalised guidance to harmonise the home environment with individual energy profiles—blending cultural wisdom with modern AI for well-being and balanced design.

“Ever since I was a child, I loved creating worlds in SimCity,” said Adeline Mu, CEO of the marketplace. “Today, we’ve made that imagination real—empowering homeowners to design their dream homes instantly while connecting them to professionals in new ways.”

This launch brings together game-like creativity, personalised Fengshui insights, and a Pinterest-style Inspiration Board—making the dream of “SimCity in real life” closer than ever.

Discover more at fusionhome.ai

World Sight Day 2025: Investing in Eye Health Could Bring USD 31.2 Million Benefit to Laos Over the Next Five Years

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Thongsavanh Souvannasane
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A new study revealed that investing about USD 2 million in eye health could generate USD 31.2 million in annual economic benefits for Laos. (Photo credit: The Fred Hollows Foundation)

A recent study revealed that an investment of USD 2.12 million in eye health could generate USD 31.2 million in economic benefits for Laos over the next five years.

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Asia-Pacific Falls Behind in Fraud Protection, According to Sumsub’s 2nd Global Fraud Index

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Advertorial Desk
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  • APAC drops to fourth place amid rising fraud exposure, trailing Europe, the Middle East, and the Americas
  • Key markets, including Singapore, Malaysia, and Japan, experiencing significant declines in their rankings
  • Singapore tops the Government Intervention pillar globally, despite an overall decline in ranking

SINGAPORE, Oct. 9, 2025 /PRNewswire/ — Today, Sumsub, a global verification and anti-fraud leader, released the second edition of its Global Fraud Index, revealing that Asia-Pacific has dropped from third to fourth place globally in fraud protection amid rising exposure to fraudulent activities. The region now ranks just above Africa and trails Europe, the Middle East, and the Americas. The report, produced in collaboration with Statista and the Digital Assets Association (DAA) Singapore, examines fraud risk across 112 countries to help regulatory bodies, governments, and businesses better understand and prevent fraud.

While some markets like New Zealand and Thailand have strengthened their fraud protection, several of the region’s leading digital economies, including Singapore, Japan, Indonesia, and Malaysia have experienced significant declines in their rankings, highlighting the widening gap between rapid digital growth and the implementation of robust fraud prevention measures to safeguard users against increasingly sophisticated fraud.

“This year’s Global Fraud Index shows that fraud protection isn’t about geography, it’s about governance. At the same time, fraudsters are getting their hands on increasingly powerful AI tools. What was once a niche threat has become commonplace”, said Timothy Owens, Tech and AI Industry Expert, and Senior Research Lead Technology and TeleCommunications at Statista. “For technology leaders, the message is clear: treat fraud exposure like system uptime. It requires constant monitoring. Verification systems, information sharing between organisations, and robust incident response aren’t optional anymore; they’re fundamental components of operating in today’s digital environment.”

Despite its decline in overall ranking, Singapore leads globally in the Government Intervention pillar, surpassing countries such as Luxembourg, Denmark, Finland, Norway, and the Netherlands. This underscores the city-state’s commitment to building a robust anti-fraud infrastructure, strengthening regulatory frameworks, and fostering public-private collaboration to safeguard its digital economy against increasingly sophisticated threats.

Key highlights of the 2025 Global Fraud Index study include:

  • Top APAC countries most protected against fraud are: New Zealand (#7), Singapore (#10), Australia (#15), South Korea (#27), Japan (#28)
  • Top APAC countries least protected against fraud are: Sri Lanka (#103), Bangladesh (#106), India (#109), Indonesia (#111), and Pakistan (#112)
  • New Zealand rose significantly from #12 in 2024 to #7 in 2025, Thailand climbed 25 positions (from #58 to #33) year-over-year
  • Singapore dropped from #1 in 2024 to #10 in 2025
  • Japan fell 15 positions (from #13 to #28), Indonesia declined 11 places (from #100 to #111)
  • Malaysia experienced the most drastic decline, falling from #34 to #86
  • Pakistan holds the last position in the Index for the second consecutive year
  • Europe has the largest concentration of countries in the list of 15 most protected ones
  • The U.S. has the highest government AI readiness index across the globe.

“The findings of the 2025 Global Fraud Index are a stark reminder of the escalating challenges we face in the digital economy. The marked decline in rankings for key APAC hubs like Singapore, Malaysia, and Indonesia highlights a pressing need for a unified response to the growing threat of sophisticated fraud. This isn’t just about statistics; it’s about protecting businesses and building the trust necessary for the digital asset ecosystem to thrive,” said Chia Hock Lai, Co-Chairman, Digital Assets Association. “As an association committed to fostering a secure digital environment, these results reinforce our mission. We are proud to collaborate with Sumsub on this critical initiative, which generates awareness and provides actionable insights for both industry stakeholders and regulators. The DAA will intensify its efforts to collaborate with government bodies and technology providers to champion robust anti-fraud infrastructure and enhance the accessibility of essential KYC/AML services throughout the region.”

“The 2025 Global Fraud Index provides a comprehensive view of fraud risks worldwide, highlighting both emerging threats and the effectiveness of preventative measures. By benchmarking markets globally, it offers businesses and regulators actionable insights to strengthen anti-fraud strategies, protect consumers, and maintain trust in the rapidly evolving digital economy,” said Penny Chai, Vice President, APAC, Sumsub. “The findings also underscore the unique challenges faced by APAC’s fast-growing digital economies, where rapid innovation is increasing exposure to sophisticated fraud. Effective government intervention, combined with public-private collaboration, is critical to ensuring these markets remain secure and resilient.”

Building on last year’s well-received edition, the 2025 Global Fraud Index expands its scope to include nine new countries, including the Philippines, Vietnam, Kenya, Uganda, and Nigeria. The research integrates Sumsub’s internal verification data with insights from external sources including the World Bank, Transparency International, and Oxford Insights, providing a comprehensive view of global fraud exposure and government response capabilities.

You can find additional data-driven insights, explore interactive maps and infographics as well as build country-specific comparisons here: https://sumsub.com/global-fraud-index-2025.

In addition, Sumsub’s inaugural What The Fraud Summit that will facilitate the public-private partnerships and knowledge sharing critical to strengthening fraud prevention, will be taking place in Singapore from November 19 to 20, 2025. Learn more about the WTF Summit and ticket details: https://sumsub.com/wtf-summit/.

Methodology of 2025 Global Fraud Index study

The Global Fraud Index uses both internal and external data. Sumsub’s internal data is based on volumes of over 1 million checks conducted daily on the platform. The majority of data is from 2024-2025, with one indicator from 2023. External sources include The World Bank, The Heritage Foundation, Oxford Insights, Transparency International, Numbeo and other databases.

The Index consists of 4 main pillars of analysis for each country. Those include not only the country’s fraud rate itself, but also incorporate ‘The Fraud Triangle’ hypothesis. This widely-used model reflects how certain factors – namely, pressure, opportunity, and rationalization – contribute to higher fraud rates and corruption. In digital fraud, this triangle manifests through lower digital resources accessibility, less efficient government intervention, and higher economic instability scores.

Please find more details on Methodology here: https://sumsub.com/global-fraud-index/methodology-2025/.

About Sumsub

Sumsub is a leading full-cycle verification platform that enables fraud-free, scalable compliance. Its adaptive, no-code solution covers everything from identity and business verification to ongoing monitoring – quickly adjusting to evolving risks, regulations, and market demands.

Recognized as a Leader by Gartner, Liminal, and KuppingerCole, Sumsub combines seamless integration with advanced fraud prevention to deliver industry-leading performance.

Over 4,000 clients—including Bitpanda, Wirex, Avis, Bybit, Vodafone, Duolingo, Kaizen Gaming, and TransferGo—trust Sumsub to streamline verification, prevent fraud, and drive growth. The platform’s methodology follows leading global AML standards and regulations, and Sumsub has extensively engaged with leading research and public institutions like the UN, Statista, and INTERPOL.

Dymax’s New 9773 Ruggedized Adhesive Meets NASA ASTM E595 Low Outgassing

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Advertorial Desk
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Material Provides Protection Solution for Mission-Critical Components and Board-Level Electronics in Space Applications

SINGAPORE, Oct. 9, 2025 /PRNewswire/ — Dymax, a leading manufacturer of rapid and light-curing materials and equipment, is pleased to add 9773 ruggedizing and staking adhesive to its portfolio of materials designed for coating, protecting, and securing components on printed circuit boards in satellites, missiles, and space applications.

Dymax 9773 is certified to NASA ASTM E595 Low Outgassing and meets Mil-Std 883 Method 5011 Low Ionic Content standards, which help minimize PCB contamination for cleaner boards and higher reliability in extreme environments found in space.

The on-demand UV/Visible light cure of 9773 means printed circuit boards are processed quickly and as needed, eliminating racking, stacking, and waiting for alternative chemistries like two-part epoxies to cure. Faster processing and reduced work in process results in increased throughput.

The adhesive is non-slumping on vertical surfaces up to 72 hours, jetting compatible for easy dispensing, and well suited for ruggedizing, staking, or encapsulating PCB components. 9773 also complies with ASTM E595 with MAPTIS Material Code 09907.

With its one-part formulation, no solvents added, and halogen-free properties, the adhesive is a good choice for companies seeking to support their sustainability initiatives.

Dymax introduces 9773, a low-outgassing ruggedized adhesive for advanced military and space applications
Dymax introduces 9773, a low-outgassing ruggedized adhesive for advanced military and space applications

About Dymax

Dymax develops innovative rapid and light-curable materials, dispensing equipment, and UV/LED light-curing systems. The company’s adhesives, coatings, and equipment are perfectly matched to work seamlessly with each other, providing design engineers with tools to dramatically improve manufacturing efficiencies. Major markets include aerospace and defense; medical device; and consumer and automotive electronics.

For additional information on Dymax, visit www.dymax.com or call us at +65 6752 2887.

Appier and VitaDairy Forge Strategic Partnership to Accelerate AI-Driven Digital Growth

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Advertorial Desk
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Reinforcing Commitment in Vietnam and Expanding Market Presence

HO CHI MINH CITY, Vietnam, Oct. 9, 2025 /PRNewswire/ — Appier (TSE: 4180), an AI-native SaaS company specializing in advanced AdTech and MarTech solutions, today announced a strategic partnership with VitaDairy, Vietnam’s leading immunity-focused dairy brand. The collaboration was launched with a project kick-off ceremony, marking the start of a joint journey to harness Appier’s AI innovation in accelerating VitaDairy’s digital growth and enhancing customer engagement across its diversified channels.

According to IMARC Group, Vietnam’s dairy market was valued at USD 5.71 billion in 2024 and is projected to reach USD 13.37 billion by 2033, with a CAGR of 9.5% from 2025 to 2033. Growth is fueled by rising health awareness, increasing disposable incomes, and stronger demand for nutritious products. Meanwhile, a 2024 report by MMA and Decision Lab found that 89% of Vietnamese businesses have adopted AI into their marketing strategies, with 78% reporting medium to high levels of integration. Key applications include chatbots, creative optimization and personalized recommendations, underscoring that AI-driven marketing is rapidly becoming standard practice in Vietnam.

“VitaDairy’s AI transformation marks a pivotal step in reinforcing our leadership in the health-driven, premium dairy sector. By unifying data and leveraging AI-driven insights to automate customer engagement, we are enhancing personalization while deepening consumer trust. Combined with our pioneering colostrum science, VitaDairy is uniquely positioned to capture the rising demand for functional, premium nutrition as the market continues to evolve and premiumize,” said Phan Ngoc My, Chief Marketing Officer, VitaDairy.

“We are honored by VitaDairy’s trust in Appier as a partner in their AI transformation journey. This collaboration not only reflects VitaDairy’s forward-looking vision to lead Vietnam’s premium dairy industry, but also highlights the shared commitment of both companies to harness AI innovation for meaningful impact. Together, we aim to set new benchmarks for how data-driven intelligence can elevate customer engagement, unlock growth, and shape the future of health-driven nutrition in Vietnam,” said Yew-Hwee Ng, Senior Vice President, Enterprise Solutions, Appier.

Vita Dairy’s AI transformation: Unified data to empower seamless journeys

VitaDairy is embarking on an ambitious AI transformation to elevate every aspect of customer engagement. By unifying data across multiple sources, the company is building a holistic view of its customers, laying a strong foundation for smarter and more strategic decision-making. Automating business intelligence will enable real-time insights, empowering teams to act with speed and precision. At the same time, integrating online and offline touchpoints will create a seamless customer journey, while AI agents will enhance service and sales with timely interactions and support. Complementing these initiatives, VitaDairy’s Nutrition Advisor is set to evolve into a trusted digital companion, offering personalized guidance and enriching the way consumers access nutritional knowledge.

Appier’s holistic Agentic AI solutions to grow with customers

Appier is supporting VitaDairy’s transformation with a full-funnel Agentic AI marketing ecosystem that unifies touchpoints and empowers personalization at scale. With AIQUA, VitaDairy can orchestrate intelligent customer journeys through dynamic creatives, templates, and targeted campaigns across channels such as Zalo, SMS, email, and in-app notifications. BotBonnie deepens engagement by enabling real-time conversational experiences that strengthen loyalty programs, gamified campaigns, and customer service responsiveness. At the core, AIRIS connects fragmented data from online and offline sources into unified customer profiles, enriched with predictive and generative AI insights that drive smarter segmentation, campaign performance, and long-term engagement. Together, these Agentic AI solutions empower VitaDairy to close the data loop and accelerate growth in Vietnam’s premium dairy market.

This partnership marks more than a technology adoption—it signals a shared vision to redefine how AI can shape the future of customer experience in Vietnam’s dairy industry. By combining VitaDairy’s pioneering nutritional expertise with Appier’s AI-native innovations, both companies are poised to deliver not only business growth but also greater value to consumers, setting a new benchmark for intelligent, health-driven engagement in the region.

About Appier

Appier (TSE: 4180) is an AI-native SaaS company that empowers business decision-making with cutting-edge AdTech and MarTech solutions. Founded in 2012 with the vision of “Making AI Easy by making software intelligent,” Appier endeavors to help businesses turn AI into ROI with its Ad Cloud, Personalization Cloud, and Data Cloud solutions. Now Appier has 17 offices across APAC, the US and EMEA, and is listed on the Tokyo Stock Exchange. Visit www.appier.com for more company information.

About VitaDairy

VitaDairy is a leading Vietnamese dairy and nutrition company advancing community health through science based innovation. Founded in 2005 by physician leaders with a mission to cultivate vitality, VitaDairy upholds rigorous quality standards across modern manufacturing. Its portfolio serves mums, children, adults, and the sick across all life stages and needs, offering products for children, energy nutrition for adults, and specialized medical nutrition for the sick. The company reaches consumers nationwide through trusted retail and distributor networks. Visit www.vitadairy.vn for more company information.

Phuket, Thailand Rises as a Residential Haven for Indian Buyers, Led by Laguna Phuket and Banyan Group Residences

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Advertorial Desk
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PHUKET, THAILAND – Media OutReach Newswire – 9 October 2025 – Phuket, Thailand’s largest island is fast becoming a top destination for Indian families and investors seeking property abroad. With its pristine beaches, vibrant culture, and warm hospitality, Phuket combines natural beauty with modern amenities, making it an exceptional place to live, invest, and relax.

Phuket, Thailand Rises as a Residential Haven for Indian Buyers, Led by Laguna Phuket and Banyan Group Residences

Phuket’s appeal has grown significantly with expanded direct flight routes from Mumbai, Delhi, and Bangalore. The island has also become a hotspot for Indian weddings, with its luxurious resorts and stunning beachfronts hosting grand celebrations. As a result, many families fall in love with Phuket and explore property ownership to maintain a long-term connection.

Phuket offers a wide range of property options at attractive prices, from stylish entry-level units to luxurious branded residences that offer exceptional value. To meet rising demand, Banyan Group Residences now has a sales team based in India.

The island’s safe neighbourhoods, family-friendly amenities, and excellent healthcare make it ideal for multi-generational living. Residents enjoy world-class golf courses, international shopping malls, and yacht marinas, high-speed internet and international hospitals and schools. The island’s affordability and high quality of life make it an enticing destination for property buyers.

A key driver of Phuket’s real estate development is the Banyan Group, globally renowned for its Banyan Tree Hotels & Resorts. Ranked as Asia’s top operator of branded residences and the fifth globally, the group emphasizes sustainability, comfort, and well-being, which attracts discerning buyers from around the world, including a growing number from India who value the five-star hospitality management and unrivalled after-sales service. The company recently scooped 15 top honours at the International Property Awards – more than any other real estate developer in Asia.

At the heart of Phuket’s real estate appeal is Laguna Phuket, a 1,000-acre integrated resort by the Banyan Group. Located along Bang Tao Beach, Laguna Phuket is an idyllic resort community build around lakes and woodlands and includes seven world-class hotels, an award-winning golf course, and over 3,000 branded condos all interconnected by free shuttle buses and ferries. Its eco-friendly Laguna Lakelands project is adding 5,000 new homes, making it Phuket’s largest residential enclave.

Laguna Phuket is home to a thriving international community, with residents from over 50 nationalities. Its comprehensive infrastructure includes a kindergarten, wellness facilities plus unrivalled outdoor and leisure activities and even a magnificent Beach Club – the island’s largest – creating a self-contained, thriving neighborhood.

“Laguna Phuket has grown into a vibrant residential community. It’s a safe, stable, and world-class environment where families, retirees, and professionals can thrive,” said Stuart Reading, Managing Director of Banyan Group Residences.

Phuket offers Indian buyers the chance to own property in a secure, globally connected, and idyllic tropical setting. With its affordability, world-class amenities, and unmatched lifestyle, Phuket is not just a place to visit—it’s a place to call home.

Hashtag: #BanyanGroup

The issuer is solely responsible for the content of this announcement.

DCS expands asset-backed securitisation to S$450 million with AAA-rated senior notes

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Advertorial Desk
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Strong receivables performance and credit quality position DCS for continued growth


SINGAPORE – Media OutReach Newswire – 9 October 2025 – DCS, a transformative MAS-regulated non-bank financial institution innovating next-gen payments across traditional and blockchain rails, announced the closing of its latest and largest asset-backed private securitisation facility, upsized to S$450 million. The senior notes achieved Fitch’s AAA(sf) rating, with the programme also assigned a Stable Outlook.

DCS achieves rare AAA(sf) rating on S$450M securitisation
DCS achieves rare AAA(sf) rating on S$450M securitisation

AAA recognition for senior notes is considered rare in the credit card industry, and affirms the high quality of DCS’ receivables pool, characterised by low charge-offs and consistently strong repayment behaviour, underpinned by sound governance and a strengthened paid-up capital base of S$75 million.

The strong reception from investors highlights DCS’ successful transformation. Over the past three years, DCS has broadened its customer base across four major card schemes, reaching first-jobbers, telecommuters, high-net-worth individuals, jetsetters, Web3 communities, and more. The company has also expanded its merchant acquiring footprint, processing large transaction volumes at flagship events such as GastroBeats, while innovating Web3 card issuing beyond Singapore into regional markets. Together, these achievements underscore DCS’ evolution into a payments solutions provider with global ambitions, bridging traditional finance and the digital economy.

“This milestone of AAA ratings on our senior notes demonstrates the strength and resilience of our receivables,” said Karen Low, CEO of DCS. “The strong execution and enthusiastic response to this securitisation reflect the expansion of our investor base and growing demand for our card portfolio. The successful completion of this ABS programme provides ample liquidity to fuel our continued innovation and strategic growth in both traditional finance and the Web3 space.”

The transaction achieved full placement across all tranches, reflecting strong investor demand. Programme participation was anchored by local and global investors – spanning banks, asset and fund managers, and pension funds – including Manulife, DBS and Santander CIB for the senior notes and Apollo, PIMCO, and a North American Pension Fund for the subordinated notes, underscoring growing international recognition of DCS’ strength and strategy. DBS also served as arranger for this securitisation, with potential future collaborations with additional funders and institutions under consideration.

CSC has been appointed trustee and transaction administrator to the programme.

Disclaimer
Fitch Ratings has assigned final ratings of ‘AAA(sf)’ to the Class A-1 and Class A-2 notes issued by DFS Asset Purchase Company Pte. Ltd. Ratings are subject to Fitch’s published criteria and definitions. A Fitch rating is not a recommendation to buy, sell, or hold any securities.

Hashtag: #DCS #DCScardcentre #payments #creditratings #assetbackedsecuritisation #AAAratings




The issuer is solely responsible for the content of this announcement.

DCS

With over 50 years of heritage, DCS is a MAS-regulated non-bank financial institution operating under the Banking Act in Singapore. Originally established as Diners Club Singapore, a homegrown pioneer of cashless payments, DCS has since evolved into a next-gen global payments provider with progressive fintech capabilities. Building on a regulatory-first foundation, we are setting new standards in digital commerce, bridging traditional (TradFi) and Web3 ecosystems. DCS is uniquely positioned to deliver innovative, secure, and trusted borderless payment solutions through a safe, compliant, and interconnected financial platform for both consumers and businesses.

DCS operates a dual-licensed portfolio in card issuing and merchant acquiring, working with global card schemes such as Visa, Mastercard, UnionPay, and Diners Club. Our issuing capabilities support dual-rail payment functionality — allowing users to fund their cards with either fiat or, where applicable, digital assets via regulated partners. This integrated infrastructure enables both consumers and businesses to transact seamlessly across payment ecosystems, with flexibility, security, and real-world utility at the core.

Learn more at

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