Thailand approved three groups to set up virtual banks.  
This boosts financial innovation, expands access to underserved markets, and increases competition.  
The approved consortia include Krung Thai Bank-led ACM Holding,  
a team with telecom giant AIS and PTT Oil,  
and a group with SCB X, WeTechnology, and Korea's KakaoBank.  
Five applied, but three were chosen after strict checks on qualifications, digital models, and financial inclusion.  
The goal is to serve unbanked or underserved ret

Thailand's virtual bank move is super exciting, opening doors for more folks to enjoy modern banking with cool tech and big names involved