Thailand virtual banks 2026 are expected to begin operations by mid-year, with three approved consortiums preparing to roll out services by June 2026, and potentially earlier if ready, a Bank of Thailand assistant governor said. The central bank requires successful applicants to start business within one year of finance ministry approval granted on June 19, 2025. The winning groups include ACM Holding and Ascend Money’s TrueMoney backed by CP Group; a Krungthai Bank-led conso

A UnaFinancial survey found Southeast Asia fintech trust remains strong, with more than 84% of consumers in Singapore, the Philippines, Vietnam and Indonesia expressing confidence in digital financial platforms. Singapore topped the region with 91.8% trust, followed by the Philippines at 88.1%, while Vietnam recorded the highest share of strong trust at 37.2%. The Southeast Asia fintech trust study showed confidence is driven by data security, transparent fees, strong brand r