MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Publicis Groupe Announces launch of SCB Tech X, a joint venture between Publicis Sapient and SCB

Publicis Groupe Announces launch of SCB Tech X, a joint venture between Publicis Sapient and SCB

SCB Tech X will be one of the largest fintech entities in Southeast Asia

Publicis Groupe has announced the launch of SCB Tech X, one of the largest fintech entities in Southeast Asia. This is a joint venture between Publicis Sapient and Siam Commercial Bank (SCB).

SCB Tech X will serve clients through Southeast Asia. It will not just deliver banking services but also non-banking services such as food delivery, health and wellness content and online travel booking to commercial institutions and consumers throughout the region.

“Thanks to its assets and capabilities, Publicis Groupe is uniquely positioned to drive the transformation of its clients’ business models, reinvent how they engage with their customers and win in commerce. After recording double-digit growth in recent quarters and significant wins in financial services, retail, energy and hospitality, Publicis Sapient continues its global expansion and demonstrates its ability to partner with its clients to deliver innovative business solutions and scale in new, fast-growing geographies,” said Arthur Sadoun, CEO of Publicis Groupe.

The joint venture will be a platform-as-a-service business that will look to tap into the digital payments scene which is set to exceed $1 trillion in transaction value by 2025 in Southeast Asia. SCB Tech X will begin its journey with 1,200 employees, where 60% will come from SCB and 40% from Publicis Sapient. The entity will be headed by Trirat Suwanprateeb, SCB’s Senior Executive Vice President and Chief Technology Officer, who will become SCB Tech X's CEO.

YOU MAY ALSO LIKE

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

RECOMMENDED