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Bangkok Post
Bangkok Post
Business

Mobile banking security rules toughened

Sethaput Suthiwartnarueput Bank of Thailand Bangkok Bank KBank Thailand
Bank of Thailand governor Sethaput Suthiwartnarueput says banks must adjust their systems by June to require biometric scans for mobile transactions of 50,000 baht or more.

Biometric scans will be required for high-value mobile banking transactions as part of measures to protect consumers from cyber-risks, according to the Bank of Thailand.

Banks must adopt the measures by June, the central bank said on Thursday.

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