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 […]