Cambodia
Cambodia Advances Tourism Sector with Blockchain-Based Digital Currency Payments
Cambodia is implementing new initiatives to expand payment options for tourists by cementing blockchain-based central bank digital currency (CBDC) partnerships. This effort is part of the country’s broader strategy to update its tourism sector, reflecting the significance of tourism as
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Vietnam and Cambodia Unveil Cross-Border QR Payment Connectivity
The central banks of Vietnam and Cambodia officially launched a cross-border QR payment linkage between the two neighbours on December 3, 2023, at a launching ceremony in Cambodia’s Siem Reap province. The Governor of the State Bank of Vietnam (SBV),
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Cambodia’s Sathapana Bank Taps OpenWay for Credit Card Launch
Cambodia’s Sathapana Bank has launched new Mastercard credit cards following its successful migration to the Way4 digital payment software platform, a move that consolidates various payment systems into a single infrastructure. Powered by payments software provider OpenWay, this move enhances
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Alipay+ Now Integrated With Cambodia’s National QR Code KHQR
The National Bank of Cambodia (NBC) and Ant International have partnered to promote efficient and secure cross-border mobile payments via QR code. The partnership, signed at the Singapore Fintech Festival, will enable users of Alipay+ payment partners to easily make
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Cambodia’s New Fintech Policy Revealed
The Cambodian government unveiled last month the Cambodia Financial Technology Development Policy 2023-2028, a new strategy designed to promote financial innovation, maintain financial stability and enhance financial inclusion. The launch ceremony was held on October 04 alongside a workshop presided
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Laotian Super-App Gears up for Cambodia Expansion
Laos’ biggest ride-hailing platform and super-app Loca has teamed up with Confluences, a Phnom Penh-based enterprise which specializes in assisting foreign businesses enter the local market, to expand into Cambodia. The move comes just a few months after the company
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Singapore, Cambodia to Launch Financial Transparency Corridor for SMEs
The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) will set up a financial transparency corridor (FTC) initiative to facilitate trade and cross-border related financial services between small and medium-sized enterprises (SMEs) in both countries. FTC
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finbots.ai Partners Sathapana Bank to Make Foray Into Cambodia
Cambodian commercial bank Sathapana Bank has partnered with finbots.ai, an AI-powered credit scoring software provider backed by Accel, to bolster its credit risk management. With finbots.ai’s AI- led credit modelling platform credit, Sathapana Bank will be able to better assess
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2C2P, AMK to Expand Remittance Coverage Between Thailand and Cambodia
2C2P, a payment gateway service provider founded in Thailand, has partnered with Cambodia’s AMK Microfinance Institution to expand its international remittance service “easy2send” between Thailand and Cambodia. easy2send by 2C2P was launched in 2019, supporting real-time money transfers from Thailand
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Cambodia’s Finance Ministry, ABA Bank Partner on Fintech and Digital Economy Development
The Cambodian Ministry of Economy and Finance (MEF) and Advanced Bank of Asia Ltd (ABA) Bank have entered into a Memorandum of Understanding (MoU) to advance digital economy and fintech initiatives in the country. Signed by Dr. Kong Marry, MEF
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