Asia Banking Research

Mar

Tycoons and Big Tech eye digital banking licenses in Thailand

With Thailand finally getting its digital banking application process underway, it is worth taking a closer look at the prospective applicants. As expected, startups are nowhere to be found. Instead, the likely applicants – and winners – are a mix of Thailand’s ultra-wealthy tycoons, prominent incumbent banks and Asian tech…

Mar

Asia Banking Research

Thailand moves forward on digital banking

Throughout Asia, most countries have introduced digital banks in some form, either to increase market competition, boost financial inclusion or both. Thailand is an exception. It has approached digital banking with a marked lack of urgency, with the Bank of Thailand (BoT) mulling the idea for several years before in…

Mar

Asia Banking Research

Cybersecurity poised to become increasingly important in APAC finance

Cybersecurity has always been a crucial aspect of operations for financial institutions and technology providers alike. However, the intensifying digitization of financial services, combined with increasing computational power and the ongoing shift of financial activities online, is amplifying cybersecurity’s importance. With the annual cost of cybercrime soaring worldwide, financial institutions…

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Asia Banking Research