Showing 91 - 100 of 201
BoT carves out e-KYC path for banking
Business, Somruedi Banchongduang, Published on 08/02/2020
» Digital deposit account opening using electronic Know Your Customer (e-KYC) technology for identity verification is expected to be rolled out this year, enabling consumers and the unbanked easier access to financial services, according to a senior official at the Bank of Thailand.
Launch of e-KYC for deposits
Business, Somruedi Banchongduang, Published on 07/02/2020
» The Bank of Thailand is letting six commercial banks offer facial recognition using electronic Know Your Customer (e-KYC) technology to verify the identity of new customers under the regulatory sandbox when opening online deposit accounts, starting on Thursday.
KBank invests in digital core
Business, Somruedi Banchongduang, Published on 30/01/2020
» Kasikornbank (KBank) has allocated 17 billion baht worth of its investment budget until 2022 on core banking systems and digital infrastructure development to enable exploration of new growth areas.
Bank of Thailand considering licences for digital-only banks
Business, Somruedi Banchongduang, Published on 27/01/2020
» The Bank of Thailand is studying licences for digital banks, a tool meant to enhance financial inclusion and keep pace with consumer needs in the digital age, says a senior official.
KTB looks to SMEs for growth
Business, Somruedi Banchongduang, Published on 23/01/2020
» Krungthai Bank (KTB) aims for 3-5% lending growth this year, focusing on small and medium-sized enterprises (SMEs), but slowing retail loan growth.
KBank takes S-curve abroad
Business, Somruedi Banchongduang, Published on 08/01/2020
» Overseas business and underserved customers represent new S-curve growth for Kasikornbank (KBank) from 2020 amid slow economic growth at home.
Thai Bankers' Association studies methods to outsource white-label ATMs
Business, Somruedi Banchongduang, Published on 25/12/2019
» The Thai Bankers' Association (TBA) plans to allow a third party to manage white-label ATM operations, a pool ATM service run by non-bank firms instead of individual banks, to cut the banking system's operating costs.
BoT boss signals challenges ahead
Business, Somruedi Banchongduang, Published on 27/11/2019
» Demographic shifts, climate change, alterations in value chains, digital transformation and excess global liquidity with historically high leverage are major trends that have implications for the economy through 2025, says the chief of the Bank of Thailand.
Kasikorn-Line offers loan options for unbanked
Business, Somruedi Banchongduang, Published on 22/11/2019
» Kasikorn-Line, a joint venture of Kasikornbank and Line Corporation, plans to roll out personal loans and nanofinance on the Line platform in mid-2020, aiming for millions of borrowers in the initial stage.
KBank sets B50bn digital loan target
Business, Somruedi Banchongduang, Published on 03/10/2019
» Kasikornbank (KBank) aims to expand digital loans aggressively by 50 billion baht next year, mainly focusing on online merchants amid the high growth potential of the country's e-commerce business.