Thai consumers are the most focused on financial health in ASEAN BANGKOK (NNT) – More Thai consumers are prioritizing financial health during the COVID-19 pandemic compared with their ASEAN counterparts. According to the UOB ASEAN Consumer Sentiment Study 2020, 3 in 4 Thai consumers (72%) want to manage their financial health, ahead of respondents in Malaysia…
Thailand’s banks to reach unbanked customers In this Global Platform video, Tan Choon Hin, CEO of United Overseas Bank Thailand, discusses industry trends across ASEAN, including regional integration and the push towards Industry 4.0. For Thailand, the digitalisation strategy that is being pursued under Thailand 4.0 is improving internet infrastructure, which in turn is opening up opportunities…
Building ASEAN Banking Cybersecurity resilience Technological revolutions come with their own form of risk: cyber risks. The more “digital” banks become, the more channels for potential points of attacks from cyber criminals, who are constantly evolving to exploit new loopholes. Technology and the internet have undeniably become integrated into our daily lives. Customers’ behaviors continue…
Thailand and ASEAN economic integration Amidst global challenges politically and economically the ten members of Association of Southeast Asian Nations or ASEAN willl need even more economic strength and bargaining power globally. The 34th ASEAN summit was held in Bangkok and one of the main aspect of the statement is to emphasize economic integration among…
UOB Launches Mobile-Only Bank In Thailand Thailand’s digital generation will be the first consumers in ASEAN to experience TMRW, a digital bank powered by United Overseas Bank (UOB). According to a press release issued by UOB, TMRW aims to make banking simpler, more transparent and more engaging for its customers through the use of data.…