iGTB has agreed a contract with Bangkok Bank, Thailand’s leader in corporate and SME banking, to implement a comprehensive cash management platform and corporate portal. iGTB’s Digital Transaction Banking platform will integrate a number of previously separate platforms for Bangkok Bank, giving the bank’s clients a consistent and consolidated view of their working capital and payments activities, irrespective of the country they operate in.
Commenting on the deal, Manish Maakan, CEO of iGTB, said: “This is a key strategic step for iGTB – our first Global Transaction Banking deal in Thailand, signed with the largest commercial corporate bank in the country. Building on our presence in Singapore and Malaysia, this is a statement of our wider ambitions across the region, and we’re delighted that our unique CBX 18 based Contextual Banking approach will help Bangkok Bank with their digital transformation. This won’t simply be a “get in, get out” technology implementation, it’s a joint effort where we offer our transaction banking thought leadership and expertise to ensure Bangkok Bank are strategically positioned for the long term.”
The news was covered in a number of specialist and tier one press outlets such as: ASEAN Affairs, Bankers Daily, Business Standard, Capital Market, Corporate Ethos, Finalaya, Financial IT, Finextra, Fintech Finance, Freshers Live, FSTech, Global Banking and Finance Review, IBS Intelligence, India Info Online, Reuters, The Hindu Business Line, TXF.