Thailand’s SCBX, South Korea’s KakaoBank, and WeBank Technology Services have announced a tripartite collaboration to develop a virtual bank in Thailand.

The joint effort aims to launch a customer-focused digital banking platform targeting individuals and small businesses, leveraging each partner’s expertise.

The virtual bank will incorporate AI from its inception to enhance personalization, efficiency, and data-driven decision-making.

SCBX CEO Arthid Nanthawithaya said the goal is to create a more inclusive and accessible banking experience, with the partners continuing joint development toward implementation.

🔗 Source: SCBX