As it aims to provide small businesses and enterprise clients with instant payments, Siam Commercial Bank (SCB) of Thailand is poised to open up its consumer cross-border payments app, which is powered by Ripple, to companies. The financial institution had harnessed RippleNet earlier in 2020 to...
Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000 customers. Ripple helped them create SCB Easy, which will serve as a way for customers to deliver quick, no-cost, cross-border...
With an investment from the top lender in Thailand, Indonesian ridesharing service Go-Jek will reportedly grow its Thai food delivery business and provide more financial services. Siam Commercial Bank Pcl (SCB) said it provided a “significant investment” in the Series F funding round of Go-Jek,...
Thailand’s Siam Commercial Bank won’t be using Ripple’s XRP technology despite earlier announcements of such plans. According to reports in BlockTribune on Monday (June 10), Siam Commercial Bank (SCB) retracted a previous statement that it was planning to integrate use of Ripple’s XRP token to...
November 03, 2021
Africa’s cryptocurrency market is now the third fastest-growing in the world, Bitcoin Magazine reported Tuesday (Nov. 2). Data from Chainalysis showed Africa received more than $105.6 billion from July 2020 to mid-2021, with the continent also leading in retail-sized bitcoin payments — the highest in the world with a transaction volume of 7%, leading the […]
January 10, 2020
Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000 customers. Ripple helped them create...
July 11, 2019
With an investment from the top lender in Thailand, Indonesian ridesharing service Go-Jek will reportedly grow its Thai food delivery business and provide more financial services. Siam Commercial Bank Pcl...
May 24, 2019
Dutch bank Rabobank announced it will not proceed with its plans for a cryptocurrency wallet called Rabobit. “After careful consideration with our customers in mind, we recently decided that now...
