OPINION

AI boosts detection of bank fraud

Oped, Leslie Choo, Published on 11/03/2025

» Thailand is making significant strides toward becoming a cashless society, driven by advancements in digital payment systems, government initiatives, and consumer behaviours. While the rise of a cashless economy spurs trade and fosters financial inclusion, it also provides increased opportunities for digital payment fraud, with fraudsters exploiting the speed and convenience of such cashless transactions.