Latvia’s Robocash set to raise $5m for P2P investments in Southeast Asia
European investors can now back 12-month commercial loans in Singapore.
Thailand
Thailand’s SCB set to turn tech divisions into new fintechs
One unit has the potential to be a “unicorn”.
JD.com fintech affiliate launches new digital wallet in Thailand
JD Digits has partnered with Central Group to launch digital wallet app Dolfin.
Railsbank raises $10m to expand into Southeast Asia and beyond
The open banking platform has opened an office in Singapore.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Thailand grants Huobi digital asset trading licence
The company is the fifth to be granted a licence in the country.
Thailand’s KBank picks Instarem to power cross-border payments
Singapore-based Instarem will provide digital money transfers to select markets.
Thailand prepares portal for regulated ICOs
The country prepares new funding routes but keeps alert to fraudulent activities.
UOB targets SME digital market in Thailand
With support from DEPA, NSTDA, OSMEP and The Finlab.
TMRW dawns as UOB’s digital bank will debut in Thailand
New entity is designed for “mobile savvy” millennials.
HSBC launches mobile collections service in Thailand
Collections for customers via credit cards, bank transfers, e-wallets and cash.
FinLab accelerator fires up for Thailand SMEs
Its smart business transformation programme gets support from UOB.
Grab gets $50m funding from Kasikornbank
They also unveil GrabPay by KBank, a co-branded mobile wallet.
Accenture and Digital Ventures co-launch blockchain trade solution
The new solution is based on R3’s Corda.
Bangkok Bank calls for banging fintech start-ups
Bank is egged on by Nest to drive Thailand’s ecosystem.
Thailand plans to peak with central bank digital currency
R3 and its DLT platform Corda on call for Project Inthanon.
Bangkok Port to go digital with e-payment system
New system set to launch on 1 September.
IBM ties up with Thai Krungsri Bank for $140m digital overhaul
Pushing Krungsri’s plans to become a tech leader.
Everex to create Myanmar-Thailand blockchain payments corridor
In partnership with Shwe Urban and Rural Development Bank.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Thailand’s Kasikornbank selects Avaloq core banking system
The project will be Avaloq’s first in the country.
Krungsri and IBM apply blockchain to related party transactions
Thailand-based Krungsri (Bank of Ayudhya) and IBM have completed a blockchain pilot project to streamline the bank’s contract management process across its offerings.
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, […]
Bangkok Bank and Nest unveil fintech start-up programme
Bangkok Bank has launched its fintech accelerator programme, Bangkok Bank InnoHub, in partnership with venture capital firm Nest. The 12-week programme will take place in the bank’s home market and will cater for eight early-stage companies. Nest has run similar programmes with corporates in Hong Kong, Singapore and Nairobi in Kenya. Bangkok Bank president Chartsiri […]
Siam Commercial Bank invests in new fintech focused VC firm
Thailand’s Siam Commercial Bank (SCB) has invested a “significant” sum into a new Singapore-based venture capital (VC) firm, Dymon Asia Ventures.
Siam Commercial Bank to invest $1.1 billion in fintech
Siam Commercial Bank (SCB) intends to invest about THB 40 billion ($1.1 billion) in creating, acquiring and developing its technology infrastructure over the next three years. The Thailand-based bank says this investment will help it provide products and services that are better suited to serving its younger and more affluent clients. SCB’s innovation-focused subsidiary, Digital […]
Kbank and IBM team up for blockchain in Thailand
Kasikornbank (Kbank), one of the largest banks in Thailand, is exploring blockchain with IBM, “to save costs and speed up transactions”, the two companies say. The services will be launched in H1 2017, to certify the letters of guarantee (LCs).
Bangkok Capital automates front-to-middle office ops with Charles River’s IMS
Specialist vendor Charles River has supplied its flagship Investment Management Solution (IMS) to Bangkok Bank’s subsidiary, Bangkok Capital Asset Management (BCAP). The IMS front-to-middle office system, supplied on a Software-as-a-Service (SaaS) basis, has automated BCAP’s investment process, says the vendor, “from portfolio management through trading, compliance, and settlement”. Charles River is also providing its Data […]
Bangkok Bank enhances mobile banking ops with Fiserv’s Mobiliti Edge
Bangkok Bank has launched new mobile banking functionality, based on Fiserv’s Mobiliti Edge mobile banking and payments platform. The bank’s mobile solution is known as Bualuang mBanking. It enables Bangkok Bank’s customers to access financial services via a mobile phone, tablet or the Apple Watch. Fiserv and Bangkok Bank have been working together for a […]
Thai bank turns to real time banking
Young Asian consumers on motorcycles want to be able to start a transaction while riding and finish it at an ATM. For many, that ability is about to become a reality as ASEAN banks switch to real time core banking systems.
Tisco Bank Thailand opts for FIS core banking tools
Thailand’s Tisco Bank has chosen a new core banking system from US vendor FIS, which it says will help it to provide more real time services to customers. FIS Profile, the core banking solution, is already used by five of the 13 largest banks in Thailand. Florida-based FIS says it will provide the platform as […]
Bangkok Bank invests in mobile banking and payments
Thailand’s Bangkok Bank has installed a new mobile banking and payments platform built by technology company Fiserv, which it says will give customers better security and the bank a stronger presence on mobile devices.
Liquidnet launches in Thailand
Buy-side block trading venue Liquidnet has opened in Thailand, providing long-term institutional investors with another platform for trading the ASEAN market.
