Siam Commercial Bank Reveals Major Expansion With Ripple, CTO Says Banks That Don’t Evolve Face Extinction

Siam Commercial Bank Reveals Major Expansion With Ripple, CTO Says Banks That Don’t Evolve Face Extinction

One of Thailand’s biggest banks plans to create a new payment hub centered on Ripple’s blockchain technology. Siam Commercial Bank (SBC) has a main remittance corridor between Thailand and Japan that’s powered by a partnership with Ripple and banking giant SBI. SCB’s partnership with Ripple began in 2016, and the company’s chief technology officer Colin Dinn says […]
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