SCB X focuses on technology at spin-offs

Quick Summary:

SCB X, a financial technology company, expects improved performance from its Generation 2 financial subsidiaries this year following business transfers the past few years.

The regulator is expected to announce the three winners of the virtual bank licences by mid-2025.

In subsequent phases, the company aims to evolve into a tech service provider, offering customised technologies tailored to the specific requirements of other local businesses.

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Article Details

Category: EconomyBusiness

Markets: ThailandSouth Korea

Topics: Financial Bank Arak Data Business Generation Technology Company Profit Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 06:01:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25164904

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 20 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

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Publisher ID: #66

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