KBank and Ant International Partner on Cross-Border Payments and Liquidity Management in Thailand
KBank will combine its banking capabilities with Ant International’s finAI solutions to enhance cross-border payments and treasury management for Ant International’s ecosystem
KASIKORNBANK (KBank) and Ant International have formed a strategic collaboration to jointly develop an integrated financial infrastructure to deliver faster, more reliable, and scalable payment experiences for Ant International and its customers.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260528577525/en/ Kelvin Li, General Manager of Platform Tech and Senior Vice President at Ant International (Left) and Dr. Karin Boonlertvanich, Executive Vice President of KASIKORNBANK (Right) at the MOU Signing Ceremony
The Memorandum of Understanding (MoU) will combine KBank’s regulated financial capabilities with Ant International’s financial AI solutions to enable real-time, 24/71 cross-border USD transactions. The initiative will leverage Blockchain Deposit Accounts from Kinexys by J.P. Morgan, the industry-leading blockchain business part of J.P. Morgan Payments for real-time USD liquidity movement and is expected to significantly enhance transaction speed while enabling continuous 24/72 operations. KBank and Ant International will also use their best efforts to develop end-to-end solutions across payment acceptance, clearing, and settlement. These advancements remain subject to all necessary legal and regulatory approvals.
