Tag Archives: SCB

Thai Bank Will Add Euro, Pound to Ripple Blockchain Retail Remittances

Thai ‘big four’ banking institution Siam Commercial Bank (SCB) is adding euros and sterling to its Ripple-powered blockchain remittance platform. The SCB, one of Thailand’s biggest banks, is adding the euro and the sterling pound to its retail remittance offering powered by San Francisco-based blockchain giant Ripple, the Bangkok Post reports. SCB strategy chief Arak Sutivong pointed to strong payment inflows of euros and pounds to Thailand as inward remittance as reasons for the blockchain-powered retail offering. Continue reading Thai Bank Will Add Euro, Pound to Ripple Blockchain Retail Remittances