Thailand

UOB Joins in the Wave of Digital-Only Banks With the Launch of TMRW in Thailand

The year 2019 seems to be the year when the banks jump into the digital only bank bandwagon, with CIMB announcing the launch of its digital-only bank in both Philippines and Vietnam. UOB is the latest to join the fray,

Read More

Thailand Accelerates Mobile Payments Adoption

Like its ASEAN counterparts, Thailand is pushing for greater of adoption of mobile payments with industry participants, including government agencies, financial institutions and fintech companies, all actively working towards increasing awareness and accelerating adoption. Payments is the largest fintech segment

Read More

Top 10 Thailand Fintech Influencers

Fintech has witnessed significant growth in Thailand supported by an active ecosystem of startups, financial institutions and government agencies all pushing for digitalization and innovation in the banking and financial services industry. In particular, it is the Bank of Thailand,

Read More

South Korea’s First Blockchain-Powered Remittance Service to Thailand and Philippines

This month Coinone Transfer, a payments business and a subsidiary of Coinone, introduced South Korea’s first blockchain-powered remittance mobile app and web service called Cross — offering faster, lower cost payments to Thailand and the Philippines. Unlike other remittance options in South

Read More

In Thailand you can Pay now with your Smartwatch “Garmin Pay”

Siam Commercial Bank has introduced the Garmin Pay contactless payment solution. This has been done in collaboration with CDG Group, sole distributor of Garmin products in Thailand and MasterCard and Visa. With a virtual SCB MasterCard or Visa credit card added to

Read More

Thailand Accelerates Blockchain Adoption

Thailand has set out to become a major regional center for blockchain, thanks in large part to the government which has instigated several initiatives to facilitate the growth of the local blockchain ecosystem and implement the technology in areas such

Read More

Finlab Opens Accelerator in Thailand to Teach SMEs How to Digitise Their Businesses

The Finlab announced the launch of its Smart Business Transformation Programme to help Thailand-based small- and medium-sized enterprises (SMEs) transform their businesses via digital solutions. The programme is supported by United Overseas Bank Thailand (UOB Thai) and the Digital Economy

Read More

Banking Services Coming to 7-Eleven Stores in South East Asia

7-Eleven outlets across Asia have begun offering banking services. In Thailand, a pilot program starting October 31 will enable 20 million customers of Government Savings Bank to deposit and withdraw funds at more than 10,000 convenient stores across the country.

Read More

Accenture and Digital Ventures Launches Blockchain Solution Built on R3

Accenture and Digital Ventures a fintech subsidiary of Siam Commercial Bank, have co-developed and launched a blockchain solution aimed at simplifying the way companies buy and sell goods, make and receive payments, and obtain financing. The solution is described as

Read More

Singtel Wants to Let You Use Your E-Wallet to Pay Across Asia, Starting with Thailand

Singtel Group recently announced the launch VIA, a mobile payments alliance described as an initiative to connect mobile wallets across borders to enable consumers to use their local mobile wallet when travelling. Concurrent with the launch, they announced their partnership

Read More