Showing 1-10 of 23 results
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A new threat on the banking horizon
Business, Somruedi Banchongduang, Published on 14/07/2023
» The Bank of Thailand warns that online financial fraud is increasing as criminals turn to false base stations.
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Banks strike back at cybercriminals
Business, Somruedi Banchongduang, Published on 08/02/2023
» The local banking industry is developing the technological infrastructure to prevent cybercrime in the hard-hit financial sector, according to an adviser to a key anti-fraud body.
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BoT issues warning on cybercrime
Business, Somruedi Banchongduang, Published on 19/01/2023
» The Bank of Thailand has warned banks and consumers to keep up their guard against an elevated risk of financial cybercrime.
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Central bank issues warning over online financial scams
Business, Somruedi Banchongduang, Published on 12/10/2021
» The Bank of Thailand is warning consumers to be wary of online financial fraud as incidents have been increasing, with the pandemic pushing more people towards digital outlets.
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QR move to ease cross-border payment
Business, Somruedi Banchongduang, Published on 27/03/2021
» The Bank of Thailand, in collabora-tion with the State Bank of Vietnam (SBV), has launched a QR payment linkage to simplify cross-border payments between the two countries.
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Jailbroken phones slapped with ban
Business, Somruedi Banchongduang, Published on 21/12/2019
» Around 10,000 mobile phones that have been jailbroken or have outdated operating systems will be banned from making mobile banking transactions, starting from May 1, 2020, as part of the central bank's efforts to upgrade security for mobile banking.
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Millennials mired in shopping debts
Business, Somruedi Banchongduang, Published on 26/11/2019
» Thai millennials' spending on 'must-have items' amounts to 1.37 trillion baht a year, representing 13% of the country's GDP, and half of them owe debts, while one-fifth of debtors have defaulted, according to TMB Analytics.
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TBA has bank apps warn each other of system crashes
Business, Somruedi Banchongduang, Published on 17/07/2019
» The Thai Bankers' Association (TBA) has instructed commercial banks to set up an alert system to notify other banks' customers in the event of a digital banking system crash.
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E-KYC opens new chapter in banking
Business, Somruedi Banchongduang, Published on 17/06/2019
» Mobile banking usage has soared for every age group after digital transaction fees were scrapped a few years ago, but digital authentication, also known as electronic know-your-customer (e-KYC), is expected to open a new chapter in the online banking boom.
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BoT pours cold water on export view
Business, Somruedi Banchongduang, Published on 01/11/2018
» The Bank of Thailand has grown more pessimistic about the prospects of achieving its export growth forecast of 9% this year as the intensifying trade dispute between the world's top economies dampens global demand.
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