A novel draw-bending testing method using a non-contact optical 3D deformation measuring system (ARAMIS®, GOM) was developed to investigate the deformation process of draw-bending. Furthermore, the accuracy of the fracture prediction based on a fracture criterion using the concept of forming limit stress was also investigated. The experimental apparatus is capable of applying draw-bending to a sheet specimen with a forming speed of 100 mm/s, which is comparable to those in real press forming operations. Specimens undergo bending-unbending under tension when passing over the die profile radius. The test materials is a 590MPa high-strength steel sheet. In order to evaluate the effect of the stress variation in the width direction of a specimen on the accuracy of the calculated draw-bending fracture stress σDB, the strain components on the upper surface of the specimen were measured using the ARAMIS® software. High-speed CMOS cameras were used to take synchronized images. The development of the strain field on the surface of the specimen was succssesfully measured. The σDB was calculated from the draw-bending force and the strain components at the moment immediately before fracture, and compared with the forming limit stress σPT measured for monotonic plane strain tension. It is concluded that the forming limit stress criterion is effective as a fracture criterion for the draw-bending of the test material.