Five applicants have submitted bids for a virtual bank license, according to Somchai Lertlarpwasin, Assistant Governor of the…
Thailand
Thailand’s Lightnet and Hong Kong-based fintech unicorn WeLab have teamed up to apply for a virtual bank license…
Siam Commercial Bank (SCB) has partnered with Mastercard and Malaysian fintech Soft Space to launch the ‘Effortless Payment…
Krungsri (Bank of Ayudhya PCL) is enhancing its support for Thai businesses expanding into ASEAN through a new…
The Securities and Exchange Commission (SEC) in Thailand announced upcoming regulatory changes concerning the use of digital asset…
Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 billion) “digital…
The Thai Bankers Association (TBA) has blacklisted 15,000 individuals and suspended 34,000 bank accounts connected to call-center scam…
Thailand Post is positioning itself to join the virtual banking licensing race following approval from its board, according…
Thailand is moving closer to welcoming its first virtual banks, with the Bank of Thailand (BOT) currently accepting…
Thailand’s former Prime Minister Thaksin Shinawatra announced that the 10,000-baht handout under the digital wallet scheme will commence…
A mix of Thai and regional business groups, including SeaMoney Thailand, SCB X, CP Group, Gulf Energy, and…
Insurtech firm Igloo has teamed up with TrueMoney, Thailand’s e-payment and financial services provider, to offer insurance products…
Thailand’s Securities and Exchange Commission (SEC) has officially launched the Digital Asset Regulatory Sandbox to support the development…
In 2023, e-commerce continued to expand in Southeast Asia, with the gross merchandise value (GMV) of the region’s…
Bitkub Exchange, Thailand’s largest digital asset exchange, has named Singapore-based Rakkar Digital as its official digital asset custodian.…
The Siam Commercial Bank (SCB) is set to modernise its core banking system through a new partnership with…
The International Finance Corporation (IFC), a member of the World Bank Group, is evaluating a US$150 million loan…
Governments worldwide are launching digital nomad visa programs to boost local economies, attract global talent, and adapt to…
Mitsubishi UFJ Financial Group (MUFG) is leading a US$195 million investment in Thailand’s digital payment and financial service…
Daranee Saeju, Assistant Governor of Payment System Supervision and Financial Service User Protection at the Bank of Thailand…