Showing 1 - 10 of 706
Diving into the mule account crackdown
Business, Komsan Tortermvasana, Published on 30/05/2024
» Authorities began checking the names of mobile banking account holders and mobile subscribers on Monday to see if they match, part of a joint effort led by the Digital Economy and Society (DES) Ministry.
Mobile banking users reassured about probe
Komsan Tortermvasana, Published on 28/05/2024
» Owners of mobile bank accounts can continue to use the services as normal while authorities check to match the names of account holders and phone subscribers, aiming to clamp down on bank accounts used by fraudsters, says the Ministry of Digital Economy and Society (DES).
Mule accounts targeted, new mobile banking curbs
Online Reporters, Published on 27/05/2024
» The telecom regulator says access to mobile banking accounts where the names of the account holders and phone subscribers are different will require case-by-case permission, as a clampdown begins on the use of mule accounts by fraudsters.
NBTC boosts efforts to combat scammers
News, Komsan Tortermvasana, Published on 22/05/2024
» The National Broadcasting and Telecommunications Commission (NBTC) yesterday set up a working group to implement a new policy aimed at preventing online scammers from preying on people who use mobile banking.
‘Buy now, pay later’ abuse under scrutiny
Somruedi Banchongduang, Published on 07/05/2024
» The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.
KBank eases digital loans to improve asset quality
Business, Somruedi Banchongduang, Published on 07/05/2024
» Kasikornbank (KBank) has opted to slow the pace of its digital personal loan business to refine its business model, improving control of the quality of its loan products.
Ion Energy closes $3m funding round
Business, Published on 01/05/2024
» Beacon Venture Capital, a subsidiary of Kasikornbank (KBank), has partnered with Solar United Network (SUN) Group, an Indonesia-based solar energy firm, to close a Series A funding round of US$3 million for Ion Energy, a Thai solar energy startup.
Mobile banking fraudsters targeted thousands at malls
Wassayos Ngamkham, Published on 09/04/2024
» Police arrested two Hong Kong men at Siam Paragon on Tuesday evening, saying they sent short messages with fraudulent links to steal money from mobile banking accounts of phone users at Bangkok shopping malls.
Ttb set to roll out nanofinance service in April
Business, Somruedi Banchongduang, Published on 28/03/2024
» TMBThanachart Bank (ttb) is scheduled to introduce a nanofinance service next month, employing a risk-based pricing (RBP) approach in preparation for the central bank's new lending model.
Gulf presents plan for energy, digital asset and virtual bank
Business, Published on 21/03/2024
» Gulf Energy Development, one of Thailand's largest private power producers, has outlined strategies to expand to digital asset exchange and virtual banking businesses, while continuing to build its key energy segment.