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Thailand-based Kasikorn Bank has acquired a majority stake of 97% in the parent firm of Satang cryptocurrency exchange.
cryptocurrency, cryptocurrency exchange, crypto asset, crypto
Multi-currency digital wallet YouTrip has raised a USD 50 million Series B funding round, for the acceleration of its regional expansion across Southeast Asia.
funding, investment, expansion, mobile payments, online payments, digital payments, payments , B2B payments, B2B2B2C, cross-border payments, cross-border ecommerce, artificial intelligence
YouTrip, a multi-currency digital wallet, has integrated with Apple Pay aiming to provide users a smooth user experience and enhanced financial benefits.
digital wallet, contactless payments, mobile payments, Tap-to-Pay
Multi-currency digital wallet YouTrip has partnered with Kasikornbank to introduce the 3DS 2.0 authentication feature, offering users secure digital payments.
digital wallet, fraud prevention, digital payments, 3-D Secure
Thailand-based KASIKORNBANK (KBank) in collaboration with Bank Maspion Indonesia Tbk has launched QRIS, a bill payment service for merchants.
tax bill, financial inclusion, digital banking, mobile banking, e-invoicing
Bank of Thailand has disclosed plans to allow the nation’s virtual banks to offer services in 2025 amid a push to boost competition and widen loan access.
banks, central bank, financial services, regulation, ATM
PromptPay, PayNow, remittance
Kasikorn (KBank), a Thailand-based large bank, has been reportedly furthering exploration of a project that seeks to bypass financial intermediaries using decentralised finance (DeFi), according to CoinDesk.
blockchain, DeFi, banks, financial inclusion
YouTrip, a Singapore-based multicurrency mobile wallet has announced a six-year partnership with Visa to accelerate its expansion into the rest of Southeast Asia, starting with Malaysia and Philippines.
YouTrip, Visa, travel, mobile wallet, multicurrency, mobile payments, Southeast Asia
Line Corporation has announced the launch of the Line BK messenger-based banking platform in Thailand.
Line Corporation, Kasikorn Vision Company Limited, Thailand, banking, mobile banking, transfers, loans, payments , debit card, credit card, transactions
KASIKORNBANK (KBank) has established KASIKORN Vision Information Technology, a fintech company wholly owned by KASIKORN Vision (KVision) with registered capital of RMB 300 million.
KASIKORNBANK, KBank, fintech, China, banking, fintech, technology, digital
Nium, remittance, KASIKORNBANK, Singapore, KBank, K PLUS, Asia Pacific, Indonesia, Korea, Malaysia, Philippines, Vietnam, payments , digital remittance, cross-border payments, digital payments
The Thai central bank has given the green light for six commercial banks to offer facial recognition using the e-KYC technology.
Bank of Thailand, commercial banks, facial recognition, central bank, Thailand, e-KYC, accounts, biometrics, verification, identity theft, fraud
Kasirkonbank has announced that it will start offering digital loans to sellers on Shopee, Reuters reports.
KASIKORNBANK, Thailand, Shopee, merchant
Thailand-based banking group KASIKORNBANK (KBank) has selected InstaReM for powering its cross-border payments across select markets.
InstaRem, partnership, Thailand, KASIKORNBANK, payments
Avaloq has launched avaloq.one, a new collaborative platform to help the financial services industry in their efforts working more effectively with fintechs.
APIs, fintech, financial institutions, platform, banks, product launch, Avaloq, BPaaS, collaboration
Malaysia-based telecommunications company Axiata Group has signed on to Singtel’s plans for a cross-border electronic payments network.
Axiata, Singtel, partnership, cross-border payments, digital wallet, Dash, Application Programming Interface, Apigate, payment gateway
Central JD Fintech has announced the launch of a digital wallet called Dolfin Wallet, the result of a collaboration between Bangkok Bank and Kasikornbank.
Central JD Fintech, Bangkok Bank, KASIKORNBANK, Dolfin Wallet, digital wallet, Thailand, e-KYC, artificial intelligence, big data
Digital bank KBANK China has announced it plans to inject THB 8 billion (~USD 250 mln) in Chinese startups within the next five years.
KBank, investment, digital banking, supply chain finance, Robotic Process Automation, China, Thailand, Asean economic community, APAC, trade finance, foreign investment
Southeast Asia’s digital cross-border payments company InstaReM has announced the first close of its USD 45 million Series C round, at over USD 20 million.
InstaRem, Asia, cross-border payments, series C, local payments, online payments