Huawei Technologies (Thailand) recently signed a memorandum of understanding (MoU) with the Kasikorn Business-Technology Group (KBTG) to develop ecosystems at an industrial level to support digital transformation within the financial services industry, generating faster response times to support rapidly growing financial transactions.
Under this partnership, both companies will share expertise and work together to develop technologies and innovations, in addition to exploring new possibilities that will enhance the service experience for users, tackling challenges in this era when technology is changing rapidly, and elevating the Thai financial sector in the future. The Kasikorn Business-Technology Group is committed to improving its capabilities through ever-changing strategies and superior value creation dedicated to customers. This collaboration, which encourages technological knowledge sharing, together with Huawei’s world-class solutions will help the Kasikorn Business-Technology Group build digital infrastructure with confidence, maintaining its leading position in the financial sector – even in the world of digital disruption.
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Meanwhile, Huawei Technologies (Thailand) Co., Ltd is preparing to mobilize a myriad of technological resources, which could yield benefits for the Kasikorn Business-Technology Group in business development and comprehensive support for digitalization.
Abel Deng, CEO, Huawei Technologies (Thailand) said: “Huawei takes great pride in collaborating with the Kasikorn Business-Technology Group and we believe that the partnership will promote financial technological capabilities. In addition, we are positive that the Memorandum of Understanding is in line with K Bank’s vision, whereby it is determined to become a smart bank of the future.” He further added: “In the digitalization era of the financial industry, we are honored to play a part in supporting Thailand and bringing smart innovations and infrastructure to strengthen the financial system and employee performance. These innovations aim to cultivate financial services that are innovative, effective, and widely available for the public while also improving the quality of life for people who reside in both urban and remote areas. Huawei is determined to build a digital world that drives Thailand towards a fully connected and intelligent world.”
