Bank of Thailand Set to Allow Virtual Banks
The Bank of Thailand (BOT) recently issued a Consultation Paper on Virtual Bank Licensing Framework to introduce virtual banks as new financial service providers. The BOT expects that virtual banks would operate in a sustainable manner to ensure responsible...
Vietnam and South Korea to Open Technology Research Center
The Vietnam-Korea Institute of Science and Technology (VKIST) was inaugurated on January 17 at the Hoa Lac Hi-tech Park in Hanoi. The VKIST is one of Vietnam’s largest research and development (R&D) centers which has been under construction since 2014 thanks to...
Mambu Enables Tyme Group to Boost Digital Banking in the Philippines
Newly launched Filipino bank GoTyme Bank has partnered with global cloud banking platform Mambu to deliver an innovative digital banking solution that is aiming to improve access to high-quality financial services for Filipinos. Singapore-based Tyme Group, which has...