The initial phase, which allows PromptPay QR code payments to be used by foreign tourists, will be live in a few weeks. Krungthai Bank will act as the settlement bank.
Fintech working capital firm Riverchain has completed a $5m series A funding, and is eyeing expansion in SEA to support subcontractors’ liquidity management beyond Hong Kong.
Ripple said it will support blockchain-based fund management and money movement capabilities through GTreasury, combining traditional treasury practices with digital asset solutions.
Humayun Habib, former Apac director of finance at Cargill, spoke about his experience on the production lines, which later helped him succeed in finance transformation. Habib has moved to a new role at Malaysia’s Premium Vegetable Oils.
CTF Services is looking to dispose of its shares in Shoucheng Holdings in exchange for the notes. Hong Kong has seen a spree of convertible bond issuances this year.