Krungthai Bank

Thailand Cards and Payments Analysis Report 2022: KPIs for Credit Transfer, Cash, Mobile Wallets, Cards, Direct Debits, and Cheques - Opportunities and Risks to 2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, January 5, 2023
Technology, Payments, Krungthai Bank, Food, Ministry, MRT (Bangkok), Mass Rapid Transit, Research, Mastercard, Growth, Payment, Seoul Metropolitan Rapid Transit Corporation, E-commerce, Digital economy, Mass Rapid Transit Authority of Thailand, Bank, Mobile phone, Online shopping

The "Thailand Cards and Payments - Opportunities and Risks to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Thailand Cards and Payments - Opportunities and Risks to 2026" report has been added to ResearchAndMarkets.com's offering.
  • The report provides detailed analysis of market trends in the Thai cards and payments industry.
  • It provides values and volumes for a number of key performance indicators in the industry, including credit transfer, cash, mobile wallets, cards, direct debits, and cheques during the review-period (2018-22e).
  • Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

ARV and Krungthai sign an MOU to pilot ASEAN's first National Corporate Identification (NCID) platform, digitizing the Corporate KYC process for bank account opening

Retrieved on: 
Friday, July 22, 2022
Financial institution, Time, Public sector, Corporation, PTTEP, BIND, KYC, Memorandum, Corporate bond, Digital, Semantic Web, Industry, Private sector, MT202 COV, Telephone, NCID, Person, MOU, General manager, Organization, Krungthai Bank, PTT Exploration and Production, Achievement, ETDA, ARV, Technology, Web3, Senior, Blockchain, Digital ID, SSI, Efficiency, AI, Cryptocurrency, Data, ASEAN, Robotics

NCID transforms the conventional know-your-customer (KYC) process between Corporates and financial institutions, by digitizing an otherwise paper-intensive and laborious process into one which is fast, efficient, transparent, and secure.

Key Points: 
  • NCID transforms the conventional know-your-customer (KYC) process between Corporates and financial institutions, by digitizing an otherwise paper-intensive and laborious process into one which is fast, efficient, transparent, and secure.
  • NCID platform solves this problem of complex Corporate KYC process by leveraging the concepts of Web 3, Digital ID, Digital document creations and Digital Signatures.
  • The transaction is ASEAN's first digital corporate KYC for corporate bank account opening.
  • Under this collaboration, Krungthai Bank has conducted a digital corporate KYC with a subsidiary under PTTEP group, and successfully opened a corporate account through the NCID platform.

Krungthai Bank unveils strategy for sustainable growth in World Finance's latest issue

Retrieved on: 
Wednesday, December 22, 2021
Krungthai Bank, World News Media, Health, COVID-19, CEO, Technology, Quality of life, Sustainability, University, Hospital, Transport, Renewable energy, Cryptocurrency

LONDON, Dec. 22, 2021 /PRNewswire/ -- Technology is a critical tool in reducing inequalities and promoting social and environmental sustainability. Thus, state-owned commercial bank Krungthai Bank has showcased its commitment towards driving Thailand's digital economy in order to serve its customers and the wider country's population in the latest issue of World Finance magazine.

Key Points: 
  • Thus, state-owned commercial bank Krungthai Bank has showcased its commitment towards driving Thailand's digital economy in order to serve its customers and the wider country's population in the latest issue of World Finance magazine.
  • Krungthai Bank's CEO, Payong Srivanich, reveals the organisation's strategy for 'Growing Together for Sustainability' through the development of technology across five key ecosystems: government technology, health and wellness, educational institutions, transportation and payments.
  • Making improvements to these areas, Payong writes in World Finance, will lead to a better quality of life and sustainable growth for Thai people.
  • World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

Krungthai Bank unveils strategy for sustainable growth in World Finance's latest issue

Retrieved on: 
Wednesday, December 22, 2021
Krungthai Bank, World News Media, Health, COVID-19, CEO, Technology, Quality of life, Sustainability, University, Hospital, Transport, Renewable energy, Cryptocurrency

Thus, state-owned commercial bank Krungthai Bank has showcased its commitment towards driving Thailand's digital economy in order to serve its customers and the wider country's population in the latest issue of World Finance magazine.

Key Points: 
  • Thus, state-owned commercial bank Krungthai Bank has showcased its commitment towards driving Thailand's digital economy in order to serve its customers and the wider country's population in the latest issue of World Finance magazine.
  • Krungthai Bank's CEO, Payong Srivanich, reveals the organisation's strategy for 'Growing Together for Sustainability' through the development of technology across five key ecosystems: government technology, health and wellness, educational institutions, transportation and payments.
  • Making improvements to these areas, Payong writes in World Finance, will lead to a better quality of life and sustainable growth for Thai people.
  • World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

Sensely Announces Partnership with Krungthai-AXA Life Insurance

Retrieved on: 
Tuesday, December 21, 2021
Human, AXA, Directory, Health, Insurance, CEO, Virtual, Emma, SAN, Policy, Mutual Life Insurance Company, Information services, Partnership, Solution, Industry, Axa, Patient, Krungthai Bank, Health insurance, Sense Scotland

SAN FRANCISCO, Dec. 21, 2021 /PRNewswire/ -- Virtual assistant pioneerSensely announced a strategic partnership with Krungthai-AXA Life Insurance, a Thailand-based carrier providing health insurance to approximately 500,000 members.

Key Points: 
  • SAN FRANCISCO, Dec. 21, 2021 /PRNewswire/ -- Virtual assistant pioneerSensely announced a strategic partnership with Krungthai-AXA Life Insurance, a Thailand-based carrier providing health insurance to approximately 500,000 members.
  • Sensely's avatar and chatbot-based platforms assist insurance plan members and patients with the insurance services and healthcare resources they need, when they need it.
  • Established in 2007, Krungthai-AXA Life Insurance Public Company Limited (KTAXA) is a partnership between Krungthai Bank PCL., and the AXA Group.
  • Today, Krungthai-AXA Life Insurance Public Company Limited is a fast-growing Life Insurance Company with a new brand promise "Know You Can" which encourages our customers to have self-belief and positions the company as a life partner that aims "to empower people to live a better life."

Krungthai Bank partners with Nium to enhance global payment offerings

Retrieved on: 
Thursday, December 16, 2021
GBP, CAD, Partnership, USD, AUD, HKD, SGD, Cryptocurrency, Bank, Krungthai Bank, EUR

BANGKOK, Dec. 16, 2021 /PRNewswire/ -- Leading global payments platform Nium, and state-owned Krungthai Bank (Krungthai) in Thailand, today announced a strategic partnership to enhance global transfer offerings for both corporate and individual Krungthai customers across Thailand. Through this partnership, Krungthai will leverage Nium's vast payment rails to enhance the cross-border payments experience for Krungthai customers. Krungthai customers can now make international transfers in 7 main global currencies – USD, GBP, EUR, AUD, CAD, HKD and SGD – and can enjoy a simpler transfer process and speedy settlements.

Key Points: 
  • BANGKOK, Dec. 16, 2021 /PRNewswire/ -- Leading global payments platform Nium, and state-owned Krungthai Bank (Krungthai) in Thailand, today announced a strategic partnership to enhance global transfer offerings for both corporate and individual Krungthai customers across Thailand.
  • Through this partnership, Krungthai will leverage Nium's vast payment rails to enhance the cross-border payments experience for Krungthai customers.
  • Krungthai customers can now make international transfers in 7 main global currencies USD, GBP, EUR, AUD, CAD, HKD and SGD and can enjoy a simpler transfer process and speedy settlements.
  • Krungthai customers can also benefit from cheaper rates when choosing to transfer from 'Krungthai Inter Wallet', a foreign currency e-wallet currently exclusively offered by Krungthai Bank, within the Krungthai Next mobile application.