Thales Partners With DBS Taiwan To Bring Bio-Sourced Payment Cards To Asia

DBS Taiwan has partnered with Thales to bring over two million cards to its customers, including more than one million sustainable credit and debit cards made from Polylactic Acid (PLA), a bio-sourced, eco-friendly alternative to traditional plastic. This makes DBS Taiwan the largest issuer of PLA cards in Asia.

The partnership supports DBS Taiwan’s largest credit card renewal operation following its merger with Citibank. Thales is helping produce up to 30 card body artworks to support DBS Taiwan’s ambition to become the largest and most environmentally friendly international commercial bank in Taiwan.

Derived from renewable resources such as non-edible corn, the Thales Bio-sourced PLA card is one of the most eco-friendly products on the market. The card is the world’s first UL Environmental Claim Validation (ECV)* certified eco-friendly payment card, and its bio-based component has been lab-tested and accredited by UL, the world leader in science safety.

Nassir GhrousThales DBS Taiwan

Nassir Ghrous

“Thales is honoured to collaborate with DBS Taiwan in its initiatives to offer environmentally and socially impactful solutions to its customers and to be Asia’s sustainable payment solutions leader. As a global pioneer in advanced technology, Thales is also at the forefront of modern card issuance, with an extensive range of solutions that include cards produced from bio-sourced PLA, ocean-recycled plastic, recycled PVC, and even sustainable wood. We look forward to deepening our partnership with DBS as we build towards a safer, greener and more inclusive future for all,”

said Nassir Ghrous, Vice President, of Thales Banking and Payment Services, Asia Pacific, Middle East and Africa.

Featured image credit: Edited from Freepik

RECENT NEWS

HashKey Capital Gains SFC Approval For In-Kind Crypto Fund Subscription

HashKey Capital received approval from the Hong Kong Securities and Futures Commission (SFC) to offer an in-kind crypto... Read more

Alibaba Launches Qwen3 AI Model With Hybrid Reasoning

Alibaba launched Qwen3, the latest generation of its open-sourced large language model (LLM) family, on 29 April 2025. ... Read more

HKMA And Cyberport Launch Second Cohort Of Gen AI Sandbox

The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Cyberport Management Company Limited (Cybe... Read more

InvestHKs Global Fast Track 2025 Open For Applications

Global Fast Track 2025 (GFT 2025) is now open for applications from today, 28 April 2025, until 21 September 2025. This... Read more

Ant Group To Buy Over 50% Stake In Bright Smart Securities

Bright Smart Securities & Commodities, a Hong Kong-based brokerage, made an announcement on 26 April 2025. Its chai... Read more

InvestHK Seminar In India Spotlights Hong Kongs Strategic Business Edge

Invest Hong Kong (InvestHK), the Hong Kong Economic and Trade Office in Singapore (HKETO Singapore), and the Hong Kong ... Read more