SCB teams up with Sasin to boost cashless society through Sasin School of Management for a Digital World project Ready to introduce unprecedented Cashless Minimart Sasin Scan NGo in Thailand

Stocks and Financial Services Press Releases Thursday January 18, 2018 11:38
Bangkok--18 Jan--Siam Commercial Bank

To consolidate its leadership in the digital banking business, Siam Commercial Bank has signed a memorandum of cooperation with the Sasin Graduate Institute of Business Administration of Chulalongkorn University, one of Thailand's most prestigious graduate schools, for integrated learning and development of the digital platform-based ecosystem in educational institutions. The cooperation is being forged as part of the "Sasin School of Management for a Digital World" project initiated under the "FIRST INTO THE FUTURE" concept.

Mr. Paron Israsena Na Ayudhya, Director of the Sasin Graduate Institute of Business Administration, said: "Today is another important day in the history of Sasin, long recognized as a pioneer in management education. We are Thailand's first educational institution offering an MBA Program in English, with almost all our lecturers coming from overseas and applying international education standards. More importantly, we are the country's first and only graduate school accredited by both AACSB and EQUIS."

Mr. Paron said that Sasin is ceaselessly forging ahead to develop education, cooperating with Siam Commercial Bank for integrated digital transformation of the graduate school, which will greatly benefit all persons concerned, including lecturers, executives, students, personnel, and alumni. The plan will also boost networking. Most importantly, students will enjoy added convenience with cashless transactions, the use of the Sasin-SCB App for managing class schedules, and the full benefit of virtual classrooms through which students can access learning anywhere in the world.

SCB President and Chief Executive Officer Mr. Arthid Nanthawithaya said SCB, as a digital banking business leader, is very pleased to play a role in fostering the Sasin Graduate Institute of Business Administration's proactive policy, which will contribute to propelling the Thailand 4.0 strategy under which digital technology is given an important role in all segments of the country.

The cooperation through the "Sasin School of Management for a Digital World" project initiated under the "FIRST INTO THE FUTURE" concept will drive Sasin to the digital education institution model in Thailand. Under the agreement, SCB and Sasin will collaborate to develop a digital platform-based ecosystem in which students and personnel will obtain direct experience, in preparation for entering into a cashless society through various forms such as Cashless Minimart Sasin Scan N'Go, Thailand's first staff-less smart minimart, the Sasin Virtual Classroom, and Smart Canteen where visitors can use SCB Easy Pay for QR code scanning for food payment. In addition, the bank plans to provide Sasin with an integrated financial management system so the management team has access to financial transactions more conveniently, safely, and efficiently.


Latest Press Release

Photo Release: CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN

Tengku Dato' Sri Zafrul Aziz, Group CEO of CIMB Group (right), and Brad Garlinghouse, Ripple CEO (left) commemorating the strategic collaboration between CIMB Group and Ripple to power instant payments across ASEAN at the Singapore FinTech festival 2018...

CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN

CIMB is one of the first banks to leverage blockchain technology to tap into region's USD120 billion remittance business CIMB Group ("CIMB" or "the Group") and Ripple have entered into a strategic collaboration to enable instant cross border payments...

Fitch Rates EXIM#s USD Senior Notes #BBB+(EXP)#

Fitch Ratings has assigned an expected rating of 'BBB+(EXP)' to Export-Import Bank of Thailand's (EXIM, BBB+/Stable) five-year senior unsecured notes of up to USD300 million. The notes will be issued under the bank's USD1.5 billion medium-term note (MTN)...

KTC joins hands with partners to launch new payment method Garmin Pay.

Mrs. Pittaya Vorapanyasakul (right center), Executive Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited together with Mr. Krairop Luang U-Thai (left center), General Manager, GIS Company Limited, Miss Aileen Chew...

Photo Release: Newly redesigned K-Cash Connect Plus website to facilitate business customers

Mr. Silawat Wantivisat, KBank Executive Vice President, introduced the newly redesigned K-Cash Connect Plus website, which is more user-friendly for business customers to facilitate their online financial transactions and data verification with greater...

Related Topics