Thailand’s KBank picks Instarem to power cross-border payments
Singapore-based Instarem will provide digital money transfers to select markets.
bankingtech.com
Kbank
Grab gets $50m funding from Kasikornbank
They also unveil GrabPay by KBank, a co-branded mobile wallet.
Thailand’s Kasikornbank selects Avaloq core banking system
The project will be Avaloq’s first in the country.
Fintech funding round-up: 8 June 2017
It felt like only yesterday (7 June) that we published a fintech funding round-up. In fact, we did. But this latest version features Kasikornbank, Lmrkts, International Finance Corporation and Entersekt. Kasikornbank (Kbank), one of the largest banks in Thailand, has launched its “Beacon Venture Capital” investment unit with $30 million on hand to support start-ups […]
Top fintech stories this week – 11 November 2016
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
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).
Kbank in $142m-a-year digital banking drive
Kasikornbank (Kbank), one of the largest banks in Thailand, says it is to spend THB 5 billion ($142 million) per year in a digital banking transformation project. Kbank, the country’s fourth-largest lender by assets (THB 2.5 trillion/$71 billion), says it has the largest share of the digital banking market with 38%. It is now looking […]
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