Latest news with #KrungthaiBank
Malay Mail
19 hours ago
- Business
- Malay Mail
Thailand's top banks Krungthai, GSB and SCB hit pause for maintenance, customers warned of service disruptions
BANGKOK, June 13 — Millions of bank customers across Thailand are bracing for service disruptions as three of the country's biggest banks prepare for extensive system maintenance in the days ahead. The Nation reported that Krungthai Bank, the Government Savings Bank (GSB) and Siam Commercial Bank (SCB) have all announced scheduled outages that will temporarily take down a wide range of core banking functions — including mobile apps, ATM access, and credit card transactions. Customers have been urged to plan ahead, with services such as bill payments, international transfers, and even notifications on messaging platforms like LINE expected to be interrupted. Krungthai Bank is implementing two separate maintenance periods. The first — affecting business services including the Krungthai BUSINESS platform — will begin at 10pm today and last until 6pm tomorrow, spanning 20 hours. Businesses have been advised to complete transactions in advance and avoid scheduling operations on June 14. A second, shorter disruption will hit the bank's consumer app, Krungthai NEXT, early on June 20. The app will be unavailable from 1am to 6am. While services are expected to resume as normal, Krungthai has warned there may be delays in retrieving account statements. The Government Savings Bank has scheduled upgrades to its credit card systems tomorrow, divided into two time slots — starting at 4:30am with an unspecified duration, followed by a second phase from 9:30am to 11am. Customers will be unable to use key services during these periods, including online shopping, cash withdrawals, and transactions via the MyMo and GSB NOW apps. International ATM access and EDC card reader payments will also be impacted. SCB is expected to carry out its own maintenance work, although full details were not immediately disclosed. The banks have apologised for the inconvenience, emphasising the upgrades are essential to improve long-term service reliability and security.
The Star
21 hours ago
- Business
- The Star
Thailand faces nationwide banking disruption as three major banks announce system outages
BANGKOK: A significant banking disruption is set to affect millions across Thailand as three of the nation's largest financial institutions – Krungthai Bank, the Government Savings Bank (GSB), and Siam Commercial Bank (SCB) – announce widespread system maintenance over the coming days. The planned outages will render core banking services, including mobile applications, credit card transactions, and ATM access, temporarily unavailable nationwide. Customers are advised to plan their financial transactions carefully to minimise inconvenience, as a range of services from international transfers and bill payments to cash withdrawals will be impacted. Even popular notification services, such as those integrated with LINE, are slated for maintenance. Krungthai Bank has informed its customers of two separate maintenance windows. The bank's business-focused platform, Krungthai BUSINESS, along with other related services, will undergo maintenance from June 13 at 10:00pm June 14 at 6:00pm, an extensive 20-hour period. Krungthai has urged businesses to complete transactions in advance and to avoid any operations scheduled for June 14. While services are expected to resume afterwards, there may be some delays in accessing account statements. A second, shorter maintenance period is scheduled for the consumer-facing Krungthai NEXT app, taking place on Friday (June 20) from 1:00am to 6:00am, lasting five hours. The bank has apologised for any inconvenience caused by these essential upgrades. The Government Savings Bank (GSB) has announced system upgrades for its credit card services on Saturday (June 14). This maintenance is divided into two phases: an initial period from 4:30am (the exact end time was unclear in the original notice, but typically implies a short window), followed by a second period from 9:30am to 11:00am During these times, various services linked to GSB credit cards will be unavailable. This includes online shopping, access to the MyMo application, GSB NOW, cash withdrawals, and transactions at both domestic and international ATMs and ADMs. Payments via EDC card readers will also be temporarily suspended. - The Nation/ANN
Malay Mail
4 days ago
- Business
- Malay Mail
Gother upgrades tourism platform, targeting next-gen travelers and a top 3 spot in Thailand's travel market by 2027
BANGKOK, THAILAND - Media OutReach Newswire - 10 June 2025 –, a tourism service platform, operated by Search Engine Optimization, a joint venture between Beacon Venture Capital (venture arm of Kasikornbank) and Krungthai Ventures (venture arm of Krungthai Bank) is showing strong upward momentum following a 300% business growth in just seven months since launch in the past year. Aimed at upgrading its platform, Gother is targeting the new generation of travelers by offering a comprehensive travel booking experience. This includes accommodations, flights, car rentals, tour packages, and exciting activities that align with modern travel lifestyles. The platform offers seamless digital integration with mobile banking apps such as K PLUS, Krungthai NEXT, and Paotang, for easy payments and other services. This is expected to help solidify its ambition to become one of Thailand's top 3 travel platforms by stated that Gother is not just a platform for booking travel, but part of the travel lifestyle, designed to complement every journey, turning it into a special experience. The platform's mission is emphasized to be a truly Thai-centric service, tailored to the cultural nuances and preferences of local travelers. Since its official launch in 2024, Gother has attracted strong interest from next-gen tourists, achieving 4-time growth within a single year, and expecting to continue rising. To sustain this momentum, Gother will implement three core strategies in 2025: services are available through , the Gother application on iOS and Android, and integrated on leading mobile banking platforms including K PLUS, Krungthai NEXT, and Paotang. These platforms feature secure and convenient payment systems that allow users to complete bookings and payments in one is leveraging data analytics capabilities to better understand user behavior and provide more targeted services. A new version of the application with intelligent AI features that recommend travel experiences based on individual preferences will launch later this is growing its network of partners to include top-tier hotels, airlines, and tour operators domestically and globally. The goal is to offer a wider range of travel services, from flights and accommodations to tour programs, car rentals, and customized experiences for all travelers at competitive prices with attractive promotions and exclusive this strategy, Gother is targeting 10 billion baht in booking value by 2027 and eyeing a top-three position as Thailand's premier homegrown travel platform that truly understands the needs of modern Thai travelers. Backed by the support and capital of Beacon Venture Capital and Krungthai Ventures, Gother is confident in its ability to scale and achieve its ambition as a travel platform for June 2025, Gother is set to launch its biggest promotional campaign of the year, offering discounts of up to 60% on flight tickets, hotels, and activities booked between June 15–30, 2025. For more details, please visit Hashtag: #Gother The issuer is solely responsible for the content of this announcement. About Gother Gother is a comprehensive travel and lifestyle service platform developed in 2024 by Search Engine Optimization Co., Ltd., as a rebrand of the former TraveliGo platform (founded in 2015). Gother offers a full suite of travel services, including flight bookings, hotel reservations, car rentals, activities, and tour packages, available through and the Gother application. The platform is committed to redefining the travel experience by collaborating with various partners and adopting innovations to meet the evolving preferences of Thai travelers across all lifestyles.
