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Paperless applications and facial recognition tech for eKYC are key components.

Employee upskilling is also a priority to ensure that workers can keep up with digital developments.

Its wholesale banking unit is ditching the pyramid structure in favour of self-steering teams.

Affluent clients in the region can unlock sophisticated and customised investment opportunities in the U.S.

The bank is the first major player in Thailand to apply blockchain to enhance supply chain transactions. Krungsri is leveraging on the knowledge from its Japanese parent, Mitsubishi UFJ Financial Group (MUFG), as well as new technologies to rapidly grow its commercial customer base in Thailand. The bank pioneered the use of decentralised ledger technology to significantly increase the speed, transparency and accountability of supply chain transactions and expand capital access to cash-short SMEs. It has been six years since MUFG acquired 76.88% of the Thai bank, and since then, it has wasted no time in transferring knowledge, skills and all-important market access to its local subsidiary. By banking on emerging technologies, Krungsri hopes to sustain robust asset growth figures in its commercial banking business.

The platform has attracted millennials, housewives, and overseas workers that have been investing as low as $96 at 8-30% per annum.

Credit Culture offers personalised and instant loan terms from its proprietary credit-scoring engine.

Despite a world-leading compliance regime, firms risk another 1MDB scandal by failing to assess malpractices of external links.

The bank is digitising its systems; streamlining financial and administrative services and setting up a digital sandbox.

SWIFT gpi promises speed, traceability and transparency as it helps usher in a new era of payments.

Security concerns in mobile banking apps rose from 34% in 2017 to 41% in 2018.

The bank is adding 1,300 roles that will be assigned primarily in Hong Kong, Singapore and China.

Now customers and their clients can be in one platform and access real-time information on financing, improving process speed and productivity.

It captured over 450,000 applications for its savings accounts.

Lenders are adopting the technology in Shariah compliant smart contracts.

Banks need more than just password protection and static identity checks.