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Search Result for “virtual banking”

Showing 1 - 10 of 458

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GENERAL

SCB trims retail banking unit amid debt avalanche

Business, Somruedi Banchongduang, Published on 13/09/2025

» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).

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GENERAL

Kasikornbank scraps key profit target amid weak economy

Published on 02/09/2025

» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.

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GENERAL

Factors key to success of virtual banks illuminated

Business, Suchit Leesa-nguansuk, Published on 02/09/2025

» Innovative, personalised financial services powered by artificial intelligence's (AI) native capabilities and alternative data scoring are the keys to success for virtual bank operators in Thailand, according to a recent forum.

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GENERAL

Buy now, bankrupt later

Business, Post Reporters, Published on 01/09/2025

» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.

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THAILAND

Retirement at 45 shocks Thais

News, Published on 01/09/2025

» The workforce is facing a major turning point as Kasikornbank (KBank) introduces a special early retirement (ER) programme at the age of 45, the first of its kind in the country.

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GENERAL

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

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THAILAND

SET Hosts Thailand Focus 2025 in August 

Published on 25/08/2025

» Bangkok, August 25, 2025 - The Stock Exchange of Thailand (SET) will host the 19th edition of its flagship investment conference, Thailand Focus 2025, from 27–29 August at the Grand Hyatt Erawan Bangkok. 

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GENERAL

KBank offers unusual early retirement scheme

Business, Somruedi Banchongduang, Published on 25/08/2025

» Driven by the impact of artificial intelligence (AI) disruption, Kasikornbank (KBank) has introduced a special early retirement (ER) programme for employees aged 45 and older, with several other banks reportedly offering similar initiatives.

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GENERAL

Telecom companies banking on AI for future growth

Business, Komsan Tortermvasana, Published on 13/08/2025

» The telecom industry hopes enterprise adoption of artificial intelligence (AI) solutions and the emergence of promising AI applications can steer the sector out of its revenue growth trap.

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GENERAL

SCB X plans to harness AI for virtual bank

Business, Somruedi Banchongduang, Published on 29/07/2025

» SCB X, the technology conglomerate and holding company of Siam Commercial Bank (SCB), is set to launch its virtual bank under the "AI Native Bank" concept.