Orapong Thien-Ngern, CEO, Digital Ventures, said that, ""The investments in PayKey and IndoorAtlas are significant strategic moves in broadening Digital Ventures' technology footprint in key technologies such as blockchain, big data, artificial intelligence (AI), and location-based technologies essential to shaping both the near and long-term future of business and financial services. They also grant us a toehold in the Nordics and Israel, vitally important fintech and core-tech markets for SCB. It has been our strategy from Day One to identify and learn from the best and most relevant technologies and startups, wherever in the world they may be found, resulting in the development of new services and enhancement of customer experience for both SCB and its corporate customers.""
Currently, Siam Commercial Bank has successfully expanded its investment network in fintech and innovation throughout Asia, the United States, Scandinavia and Israel.