SEOUL, South Korea, Nov. 15, 2023 /PRNewswire/ — KB Kookmin Bank, a strategic partner of GLN International, announced that it signed an MOU with SCB (Siam Commercial Bank) to provide enhanced financial services for customers using ‘KB Wallet’, the digital wallet on the KB Kookmin bank’s banking application, while traveling in Thailand.
Under this new agreement, KB and SCB will collaborate on developing a novel financial model for cross-border payment infrastructure in both Korea and Southeast Asia. They will share financial technology and infrastructure expertise. Initially, they will cooperate on joint marketing efforts for customers using the ‘KB Wallet GLN’ (Global Loyalty Network) cross-border QR payment service, as well as the upcoming QR cash withdrawal (ATM) service in Thailand set to commence next year, which allows KB Kookmin Bank customers to freely withdraw local…
