Mastercard says it is expanding its relationship with National ITMX (NITMX), the Thailand-based developer and service provider of electronic payments. This effort, the company announced Tuesday (June 17), will power PromptPay, the most widely used real-time payments (RTP) platform in Southeast Asia, to fuel the...
Major retailers worldwide are accelerating artificial intelligence (AI) deployment in stores and apps. Walmart Chile is rolling out AI-powered smart carts, while Thai supermarket chain Central Food Retail launched an AI shopping assistant called “Tops Chef Bot.” Meanwhile, a Bain & Company study found that...
Thailand’s digital wallet stimulus plan has suddenly become less digital. As Reuters reported Tuesday (Sept. 3), Prime Minister Paetongtarn Shinawatra said the government’s planned 450 billion baht ($13.1 billion) “digital wallet” handout will be distributed in cash, a change from the government’s flagship policy. Initially,...
Thailand is reportedly investigating $27.2 million that an alleged hacker funneled into the country. Wang YunHe and other co-conspirators had purchased properties and shares of several companies, Bloomberg News reported Saturday (June 1), describing Wang as a “superhacker.” The report, citing information from the Thai...
September 01, 2023
The value proposition of real-time payments is undeniable: payments initiated, cleared and completed in just seconds — at any time. In other words, payees get immediate access to their funds. Naturally, the revolutionary payment method continues to gain swift momentum worldwide as more countries introduce real-time payment schemes and platforms or expand and enhance existing […]
July 31, 2025
Google Play launched a partnership with Thailand-based Kasikornbank and Ant International’s Antom. The collaboration resulted in the launch of K Plus as a new local payment method on Google Play, according to a Thursday (July 31) press release. It’s the first time a Southeast Asian mobile banking app has been offered as a payment option […]
June 17, 2025
Mastercard says it is expanding its relationship with National ITMX (NITMX), the Thailand-based developer and service provider of electronic payments. This effort, the company announced Tuesday (June 17), will power...
September 03, 2024
Thailand’s digital wallet stimulus plan has suddenly become less digital. As Reuters reported Tuesday (Sept. 3), Prime Minister Paetongtarn Shinawatra said the government’s planned 450 billion baht ($13.1 billion) “digital...
June 02, 2024
Thailand is reportedly investigating $27.2 million that an alleged hacker funneled into the country. Wang YunHe and other co-conspirators had purchased properties and shares of several companies, Bloomberg News reported...