KBank moves to buy Satang Corp
Kasikornbank (KBank) has acquired Satang Corporation, a local cryptocurrency trading board, as it expands to digital asset operations...
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Sep 29, 20231 min read
Indonesia, Singapore start trial on cross-border QR code payments
Indonesia’s central bank said on Thursday it had started a trial of cross-border QR code payments with its Singaporean counterpart. Both...
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Sep 29, 20231 min read
Thailand-based KBank launches $100m fund for AI, Web3 & deep-tech startups
Kasikornbank (KBank), Thailand’s second-largest bank by assets, has launched a $100-million fund targeting artificial intelligence (AI),...
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Sep 29, 20231 min read
Grab shuts down GrabInvest, associated investment products
SINGAPORE - Grab is shuttering its investment products AutoInvest and Earn+, and winding down its GrabInvest business. “The decision...
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Sep 29, 20231 min read
Personal finance platform Bright Money raises $62m in mix of equity and debt
Bright Money, an artificial intelligence (AI)-enabled personal finance platform, on Tuesday said it has raised $62 million in a mix of...
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Sep 29, 20231 min read
HSBC to acquire Citigroup China consumer wealth business
HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, two sources...
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Sep 1, 20231 min read
PayPal is diving deeper into crypto by launching its own stablecoin
PayPal has added a new cryptocurrency to its roster: PayPal USD (PYUSD). On Monday, the online payments service became the first major...
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Sep 1, 20231 min read
SCB CIO urges investors to avoid high-yield bonds
Investors are advised to avoid investment in high-yield bonds, especially those tied to Chinese real estate because of high debt and a...
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Sep 1, 20231 min read
Handout set to be based on tokens
Asia Plus Securities expects the new government to issue Type 1 utility tokens as digital handouts worth 10,000 baht each to Thais age 16...
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Sep 1, 20231 min read
LH Bank unveils digital personal loans
LH Bank is introducing digital personal loans targeting younger customers, aiming for growth to 35% of the personal loan portfolio in...
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Sep 1, 20231 min read
Line Man Wongnai takes majority stake in Rabbit Line Pay
The food delivery company Line Man Wongnai said on Thursday that it is acquiring a majority stake in the payments business Rabbit Line...
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Aug 30, 20231 min read
Bitcoin touches an almost 2-month low
LONDON - Bitcoin reached an almost two-month low as risk aversion weighs on the cryptocurrency market with global government bond yields...
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Jul 31, 20231 min read
PayPay and LINE BITMAX Team Up to Launch New Service
LINE's virtual Asset and blockchain-related business organization, LINE Xenesis Corporation (Head office: Shinagawa-ku, Tokyo;...
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Jul 31, 20231 min read
InnovestX investor base bests 800,000
InnovestX Securities, the financial investment flagship of the SCB X Group, has grown its investor base to over 800,000, representing a...
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Jun 30, 20231 min read
Bitkub revenue dips 48% as crypto sinks
Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in...
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Jun 30, 20231 min read
Louis Vuitton’s Soulbound Luxury NFTs
Louis Vuitton is releasing a collection of NFTs retailing for $39,000 each. This week, Louis Vuitton announced a new collection of...
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Jun 30, 20231 min read
Touch ‘n Go Users Can Now Invest in Eight New Funds From RM10
TNG Users can set up a regular savings plan via the auto cash-in function to invest a fixed amount every month to average down the risk...
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Jun 30, 20231 min read
GHL Enables Alipay+ for Over 2,600 Thai Businesses
GHL Systems (GHL), a payment service company in ASEAN region, has enabled Alipay+ for over 2,600 businesses in Thailand to accept...
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Jun 30, 20231 min read
Four E-Wallets Supported by Ant Group’s Alipay+ Now Accepted in Thailand
Chinese fintech giant Ant Group announced that the four mobile wallets supported by its payment system Alipay+ are now accepted in...
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Jun 30, 20231 min read
SCBX, KakaoBank Gears up to Apply for Virtual Bank License From Bank of Thailand
SCBX, the financial technology business group of Siam Commercial Bank, announced its readiness to apply for a license to establish a...
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