InstaReM signs Thailand’s KASIKORNBANK

 InstaReM signs Thailand’s KASIKORNBANK
23.05.2019 09:23 am

InstaReM signs Thailand’s KASIKORNBANK

Payments , Money Transfers

InstaReM, a leading digital cross-border money transfer company with a global presence,has announced that it will now power cross-border payments for the clients of KASIKORNBANK(KBank), Thailand’s leading banking group, across select markets.

InstaReM already powers payments for three of the top ten Southeast Asian Banksand leading financial institutions across the globe. This partnership with KASIKORNBANKhelps InstaReM further entrench itself as a leading player in the institutional payments space.

Announcing InstaReM’s partnership with KBank, Prajit Nanu, co-founder and CEO of InstaReM said, “We are delighted to be working together with KBank to power their outward remittances. This relationship further cements InstaReM’s position as a leading provider for cross-border transactions. With InstaReM, KBank clients will be able to realize faster turnarounds, while providing certainty on delivery times and payout amounts.”

Mr Silawat Santivisat, Senior Executive Vice Presidentof KASIKORNBANK, said, “This is an important partnership for KBank at an exciting stage in our evolution. We are continuing to expand our cross-border payment capabilities into key markets across the world, as we are witnessing increasing demand from our customers. We are confident that InstaReM’s services will complement our offering and further strengthen our capabilities in serving our clients.

Related News

Poland’s Bank Millennium Chooses OneSpan to Improve Customer Experience in Corporate Banking

OneSpan™, a global leader in software for trusted identities, e-signatures and secure transactions, today announced that Bank Millennium, a rapidly-growing subsidiary of Banco... Read more »

Triple shortlisting for Banking Circle at the Card & Payments Awards 2020

Banking Circle, the ground-breaking provider of financial services infrastructure has been shortlisted for three awards in the upcoming Card & Payments Awards. Banking... Read more »

Ingenico reports record breaking Singles Day

Ingenico Group, the global leader in seamless payment, today reported record breaking transaction volumes and payment authorization rates on its most successful Singles Day... Read more »

Sunrate inks deal with Moorwand for card issuing services

Moorwand, a dedicated BIN sponsor that turns compliance into a competitive advantage, today announced that it is... Read more »

Nets and BOKIS enter into new five-year agreement

BOKIS, a Danish payment and card company representing 57 domestic banks, and Nets, a market leader in the payments industry, have entered into a new five-year agreement. This... Read more »

Alipay aims to help 10 million European merchants reach over 2 billion potential consumers in five years with innovative technology

Alipay, the world’s leading payment and lifestyle platform, today announced a new target to support 10 million small and medium enterprises in Europe over the next five years,... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel