Sunday November 17, 2019 05:27

Stcoks Press Release : 15 Nov 2018

Photo Release: CIMB Group Joins RippleNet to Power Instant Payments Across ASEAN Stcoks—15 Nov 18

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 Stcoks—15 Nov 18

Bangkok--15 Nov--CIMB Thai Bank
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 across its various markets. On the back of this partnership, CIMB will join Ripple's network ("RippleNet"), which will facilitate access to other RippleNet members and allow CIMB to grow its cross border payments business.

Ripple's blockchain-based solution has been deployed to enhance Speedsend, CIMB's proprietary remittance product. This will expand CIMB's SpeedSend network and open new payment corridors to improve consumer access to cross-border remittances, both inbound into ASEAN and outbound to other countries. The solution is now live on Speedsend, enabling remittances via corridors such as Australia (in partnership with Instarem, also a member of RippleNet), USA, UK and Hong Kong.

"We are delighted to be part of RippleNet and look forward to a fruitful partnership with Ripple by leveraging each other's strengths and capabilities. This innovative blockchain solution will revolutionise international cross-border remittances, and is a testament to CIMB's ongoing efforts to enhance its digital banking proposition by providing speedy and

Fitch Rates EXIM#s USD Senior Notes #BBB+(EXP)# Stcoks—15 Nov 18

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. Stcoks—15 Nov 18

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 Stcoks—15 Nov 18

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

Newly redesigned K-Cash Connect Plus website to facilitate business Stcoks—15 Nov 18

K-Cash Connect Plus website has been redesigned to be more user-friendly, focusing on online financial transactions and financial data verification with greater convenience and speed. The website now supports all types of browsers, without the

Bangkok Bank showcases #B-Advice at #SET in the City 2018 and joins with partners and subsidiaries Stcoks—15 Nov 18

Bangkok Bank joins with its business partners and subsidiaries to offer a variety of financial and investment products to answer the needs of customers in a digital age at 'SET in the City 2018'. These products include 'B-Advice', financial investment

Photo Release: SCB wins Global Finances Worlds Best in Social Media Marketing and Services and Best Stcoks—15 Nov 18

Siam Commercial Bank recently received world class honors for its lifestyle banking leadership at Global Finance's World's Best Digital Bank Awards 2018, where the bank won awards for World's Best in Social Media Marketing and Services and Best Consumer

Visa and GARMIN launch GARMIN Pay in Thailand Stcoks—15 Nov 18

Suripong Tantiyanon (3rd from left), Visa Country Manager for Thailand, Krairop Luang U-Thai (3rd from right), General Manager of GIS, the authorized distributor of GARMIN products in Thailand together with Thailand's leading financial institutions

EXIM Thailand Hosts 24th AEBF Annual Meeting in Phuket to Ensure Thai and Asian Exporters and Stcoks—15 Nov 18

EXIM Thailand hosted the 24th Asian EXIM Banks Forum annual meeting under the topic "Industry 4.0" at The Westin Siray Bay Resort & Spa Phuket on November 15, 2018. Presided over by Mr. Apisak Tantivorawong, Thai Finance Minister, the 2018 Forum