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Fintech Firm Lightnet and Siam Commercial Bank to Support Cross-Border Payments from South Korea to Thailand
December 13, 2020 @ 6:55 pm By Omar Faridi
Siam Commercial Bank (BKK:SCB) has partnered with Lightnet to provide cross-border fund transfer services from South Korea to Thailand.
As a digital banking service provider, Siam Commercial Bank (SCB) is focused on continuously updating its Fintech capabilities. SCB will now be working with the Lightnet Group, a Fintech startup offering financial services that leverage blockchain or distributed ledger technology (DLT).
SCB will work with the Lightnet Group so that they can accept international payments from South Korea to Thailand via Sentbe, which is a major South Korean payment services firm and also one of Lightnet’s business partners. ....

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