Tag "Kasikornbank"

KASIKORNBANK Adds Google Pay Support for Its Visa Credit Cards

Thailand’s KASIKORNBANK (KBank) has announced the launch of its new Tap-and-Pay service through Google Pay, allowing customers to make payments using their smartphones. This service aims to provide easy, fast, and card-free transactions worldwide. Natthapol Luepromchai, Executive Vice President of

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KASIKORNBANK, J.P. Morgan Set to Reduce Cross-Border Payment Times to Minutes

Thailand’s KASIKORNBANK, in partnership with J.P. Morgan, has introduced Project Carina, a new initiative aimed at accelerating cross-border payments through blockchain technology, according to RYT9. Announced at Money20/20 Asia in Bangkok, the project integrates KASIKORNBANK’s Quarix blockchain with J.P. Morgan’s

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KASIKORNBANK Increases Stake in Indonesia’s Bank Maspion to 84.55%

KASIKORNBANK Financial Conglomerate, through its subsidiaries, has increased its investment in PT Bank Maspion Indonesia Tbk, raising its ownership to 84.55% to be its largest shareholder. This is in line with KBank’s goal of becoming the largest bank in East

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Thailand’s KBank Buys 97% Stake in Crypto Exchange Satang, Renames It Orbix

Thailand’s KASIKORNBANK (KBank) has acquired a 97% stake in the parent firm of crypto exchange Satang for 3.705 billion Thai baht (US$102.8 million). The bank intends to rename the crypto exchange to Orbix Trade Company, according to a filing to the Stock

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KASIKORNBANK in Talks to Buy Home Credit Vietnam for US$1B

Thailand’s KASIKORNBANK (KBank) is reportedly mulling the acquisition of consumer finance provider Home Credit Vietnam for up to US$1 billion, according to a Reuters report citing two sources. The bank has spoken with financial advisors, however, a final decision has

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KASIKORNBANK Onboarded Two Million Users to Its App Last Year

KASIKORNBANK (KBank) onboarded two million new users on its K PLUS online banking app in 2022, more than a million of them were new to the bank itself. The surging use of its digital platforms with 98% of all KBank’s

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KASIKORNBANK Doubling Down on Vietnam Expansion Efforts

KASIKORNBANK (KBank) is doubling down on the expansion of its operations in Vietnam, setting its sights to achieve US$400 million in net income and a customer base of 8.4 million in Vietnam by 2027. The bank had already established a

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Buy Now Pay Later (BNPL) Gaining Momentum in Thailand

Buy now pay later (BNPL) has been picking up steam among curious consumers in Thailand. This type of financing has grown in popularity because it is seen as a more flexible and consumer-friendly alternative to traditional credit products. It is

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KASIKORNBANK Sets up Its First Vietnamese Branch in Ho Chi Minh City

Thailand’s KASIKORNBANK (KBank) announced that it has opened a branch in Ho Chi Minh City with the aim of linking the trade and investment network within the ASEAN region. This will be KBank’s first branch in Vietnam, and its tenth

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KASIKORNBANK’s Tech Arm Launches DeFi Incubator, NFT Marketplace

KASIKORN Business-Technology Group (KBTG), KASIKORNBANK’s technology arm, has launched a venture builder and incubator for decentralised finance (DeFi) startups dubbed as KASIKORN X (KX). KX’s business operations will be independent of KASIKORNBANK and KBTG. The entity has previously spun off

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