Framework for Decentralized Data Strategies in Virtual Banking: Navigating Scalability, Innovation, and Regulatory Challenges in Thailand

Worapol Alex Pongpech, Pasd Putthapipat

2025

Abstract

In the rapidly advancing realm of virtual banking, a robust data strategy is crucial for competitiveness and meeting growing customer demands. In 2025, the Bank of Thailand will be issued three virtual banking licenses, marking a pivotal shift in the financial landscape. This paper outlines key components of a virtual banking data strategy, focusing on real-time service delivery, innovative financial products, enhanced customer support, and strong data governance. This research offers strategic insights into the navigation of these complexities and the driving force of successful digital transformation in the banking sector.

Paper Citation

in Harvard Style

Pongpech W. and Putthapipat P. (2025). Framework for Decentralized Data Strategies in Virtual Banking: Navigating Scalability, Innovation, and Regulatory Challenges in Thailand. In Proceedings of the 15th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER; ISBN 978-989-758-747-4, SciTePress, pages 111-118. DOI: 10.5220/0013194500003950

in Bibtex Style

@conference{closer25,
author={Worapol Pongpech and Pasd Putthapipat},
title={Framework for Decentralized Data Strategies in Virtual Banking: Navigating Scalability, Innovation, and Regulatory Challenges in Thailand},
booktitle={Proceedings of the 15th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER},
year={2025},
pages={111-118},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013194500003950},
isbn={978-989-758-747-4},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 15th International Conference on Cloud Computing and Services Science - Volume 1: CLOSER
TI - Framework for Decentralized Data Strategies in Virtual Banking: Navigating Scalability, Innovation, and Regulatory Challenges in Thailand
SN - 978-989-758-747-4
AU - Pongpech W.
AU - Putthapipat P.
PY - 2025
SP - 111
EP - 118
DO - 10.5220/0013194500003950
PB - SciTePress