BIS readies for live implementation of Project Nexus in Asia
Institutions from India, Malaysia, the Philippines, Singapore, and Thailand will implement the project.
Bank of Thailand
Thailand and Vietnam launch QR code cross-border payments link
The payments link between the two nations is designed to “enhance consumption and tourism”.
Singapore and Thailand to link national payment systems in 2021
In Singapore, PayNow monthly transaction values have crossed the $3 billion mark.
Hong Kong and China pair up on digital currency experiment
The two have joined with Thailand to promote commerce in Southeast Asia.
Bank of Thailand launches “world’s first” blockchain platform for bond issuance
IBM acted as a technology partner with its IBM Cloud.
Bank of Thailand selects SimCorp Dimension for investment management
Thailand’s central bank, Bank of Thailand, has selected SimCorp Dimension as its new investment management platform to support reserve management and monetary policy operations of its $226 billion reserves.
Singapore and Thailand mull digital payments alliance
The Monetary Authority of Singapore (MAS) and the Bank of Thailand are in discussions about connecting their national digital payment systems as officials step up efforts to curb the use of cash, according to Bloomberg. The link would bring together Southeast Asia’s first national digital payment platforms, Singapore’s PayNow and Thailand’s PromptPay, says Naphongthawat Phothikit, […]
Thailand ties the fintech knot with Singapore
The Bank of Thailand (BOT) and the Monetary Authority of Singapore (MAS) have signed a fintech co-operation agreement and updated an existing memorandum of understanding (MoU) on banking supervision. The agreement aims to help develop a “richer financial ecosystem” in Thailand and Singapore as well as in ASEAN. The pair will share information on emerging […]
