Search results for Kasikornbank
Crypto
K Bank to cooperate with Hong Kong\'s HashKey Group on digital asset remittances and payments
K Bank will build an overseas digital asset remittance cooperation network linking South Korean blockchain firm BPMG and Hong Kong\'s HashKey Group. It plans to pursue a proof of concept for blockchain-based remittances between South Korea and Hong Kong and prepare internal controls such as customer identification and anti-money laundering measures in anticipation of institutionalisation and regulatory approval. The parties will also explore expanding services across Asia by linking with HashKey\'s remittance network.
Finance
K Bank to list on KOSPI in March to expand from SMEs to digital assets
K Bank plans to use its IPO to accelerate expansion into the SME market, broaden platform businesses and strengthen competitiveness in digital assets. It aims to diversify earnings by balancing household and SME lending by 2030, while upgrading credit models and expanding SME products. The lender is also focusing on stablecoin-based remittance and payment infrastructure and plans further investment in AI, its app and information security.
Crypto
BPMG partners with K bank, Kasikornbank on blockchain-based overseas remittance and payments
BPMG said on Monday it signed an MOU with internet-only bank K bank, Thailand\'s Kasikornbank and Orbix Technology to cooperate on overseas remittance and payment services using blockchain. The four firms plan to develop practical services, including account issuance and blockchain remittances for Thai workers in South Korea and foreign exchange and payments for Korean tourists visiting Thailand. The project is in the research stage and will require regulatory discussions and approvals.