SCB TechX earns two accolades at Asian Technology Excellence Awards 2025

The company won two major honours for innovations in digital identity verification and core payment systems.

SCB TechX was awarded the Thailand Technology Excellence Award for Facial Recognition - Financial Technology and Fintech - Banking in the Asian Technology Excellence Awards 2025 for its IdentityX eKYC solution and Payment Domain platform.

IdentityX

IdentityX is a comprehensive and modular electronic Know Your Customer (eKYC) solution that transforms identity verification across Thailand’s digital economy. Trusted by over a million users, the platform provides businesses with customisable features, allowing them to select functions tailored to their needs. This flexibility supports faster onboarding, reduced operational costs, and stronger compliance. The platform integrates liveness detection, 2D and 3D facial recognition, DOPA verification, and NDID integration.

Designed for ease of adoption, IdentityX offers integration through both SDK and API, enabling businesses to embed its features into their onboarding systems. Its end-to-end support includes testing, deployment, and incident management, ensuring smooth implementation. The solution delivers significant impact: eKYC transactions in January 2025 were double the volume of January 2024. By enhancing security, scalability, and compliance, IdentityX has strengthened financial inclusion and built trust in digital transactions across sectors.

Payment Domain

Alongside IdentityX, SCB TechX’s Payment Domain the platform delivers real-time, high-volume payment processing with zero downtime, 2.5 times faster feature rollout, and over 90% in cost savings. Built on a cloud-native, modular, microservices-driven architecture, it is a future-proof foundation for banks and financial institutions.

Payment Domain improves scalability by enabling auto-scaling and modular deployment, ensuring consistent performance even during peak demand. Reliability is enhanced with automated data purging and service-isolated deployments, eliminating the downtime that hampered legacy systems. 

Its agile architecture accelerates time-to-market, empowering institutions to respond quickly to evolving customer needs. By removing dependency on third-party vendors, the platform also reduces recurring licensing costs, whilst advanced cloud-native security safeguards transactions with real-time compliance monitoring and encryption.

Currently, Payment Domain processes millions of daily transactions across diverse channels without interruption. Its modular design allows banks to expand capabilities, pursue white-label opportunities, and integrate emerging technologies such as blockchain or AI-driven analytics. The platform positions payments not as a cost centre, but as a driver of growth and competitive advantage in the digital era.

The Asian Technology Excellence Awards celebrates the most outstanding technological innovations and achievements across Asia, recognising organisations that leverage emerging technologies to drive business value, strengthen customer experiences, and transform industries.

The Asian Technology Excellence Awards is presented by Asian Business Review. To view the full list of winners, click here. If you want to join the 2026 awards programme and be acclaimed for your company's outstanding retail initiatives, please contact Julie Anne Nunez-Difuntorum at +65 3158 1386 ext 242 or [email protected].