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Tag: Bank of Thailand

How SCBX’s VC is bringing next-gen tech to banking

Siam Commercial Bank restructured in 2022, deconstructing the Thai financial institution into twelve companies beneath a new holding company called SCBX. For one of those...

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Money20/20 Asia 2024: Leading Fintech Show Makes Debut in Thailand – Fintech Singapore

by Fintech News Singapore April 9, 2024 Money20/20, a prominent fintech show, will be holding its first Thai edition in Bangkok this year, coming to the...

Federal Reserve on U.S. CBDC and Global Comparison

CBDC | March 11, 2024 Image: Pixabay/geraltExploring the Impact of a U.S. CBDC And A Comparative Global AnalysisThe Federal Reserve offers perspective on the...

Deutsche Bank makes fintech play for Thai onshore FX

Deutsche Bank’s Thai business has begun to transact foreign exchange trades on behalf of global clients onshore with the help of a Hong Kong-based...

Hong Kong and Thailand Launch New Cross-Border QR Payment System – Fintech Singapore

by Fintech News Singapore December 4, 2023 The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) have launched the FPS x PromptPay Link,...

ASEAN Sales & Production Commentary- August 2023

ASEAN salesJuly 2023: +5.8%; 265,999 units vs. 251,498 unitsYTD 2023: +1.5%; 1,848,595 units vs. 1,821,896 unitsLight-vehicle sales in the Association of Southeast Asian Nations (ASEAN) recorded about...

Real-time Digital Payments Fuels Growth Across APAC – Fintech Singapore

The Asia Pacific (APAC) region is rapidly emerging as a stronghold for digital payments, underpinned by customer preferences for a multitude of customised payment...

UAE central bank selects technology and legal partners for CBDC project

The Central Bank of the UAE (CBUAE) has selected Clifford Chance, R3 and G42 Cloud to assist in implementing its CBDC Strategy. ...

The euro rallied on Thursday. How is the yen faring? 

The common currency surged forward versus the U.S. dollar today. The European Central Bank has hiked its deposit rate by 350 basis points since...

U.S. dollar remained firm on Monday. How is yen trading?

The greenback strengthened today. The dollar index rallied by 0.078% at 103.07 against the basket of six major currencies. It also added 0.5% on...

Central banks see future for global instant payments via mobile phones

Central banks in Italy, Malaysia and Singapore have laudeed successful tests of cross-border instant payments via mobile phones. The year-long tests were...

JCB enables contactless payment acceptance at Red Lines in Bangkok

TOKYO & BANGKOK, Mar 01, 2023 - (JCN Newswire) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only...

Thailand Embraces Digital Banking with Customer Protection in Mind

Thailand has recently approved digital banking but has warned against irresponsible lending. This comes from the growing digital banking trend in Southeast Asia, which...

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