Thailand Grants Virtual Bank Licenses to Three Consortiums

Thailand Grants Virtual Bank Licenses to Three Consortiums

The Bank of Thailand (BOT) has announced the selection of three consortiums to receive virtual bank licenses, following a detailed review process. The approved groups are SCBX, Krungthai Bank, and ACM Holding Group, a subsidiary of the Charoen Pokphand (CP) Group....
Shopee Parent Launches Monee HQ in Singapore, Expands Fintech Vision

Shopee Parent Launches Monee HQ in Singapore, Expands Fintech Vision

Sea Group, the parent company of Shopee and Garena, inaugurated its new global headquarters for digital financial services in Singapore in May 2025 and rebranded its fintech arm from SeaMoney to Monee. The headquarters, located at Rochester Commons near Buona Vista...
South Korea’s KT Corp Develops Thai Large Language Model

South Korea’s KT Corp Develops Thai Large Language Model

South Korea’s KT Corp., in partnership with Thai IT firm Jasmine Technology Solution (JTS), has developed a large language model (LLM) platform specifically designed for the Thai market. The platform consists of a Thai-language LLM, a system for managing large...