฿130m ‘stolen’ from over 10,000 Thai bank accounts in just four days

13 Sept 12:51 Key points summarised by AI

Thai banks report ฿130 million stolen from 10,700 accounts via credit/debit card payments over four days (Oct 14-17), primarily through small, no-OTP foreign transactions.
An intense investigation is underway by the Bank of Thailand, Thai Bankers Association, police, and Ministry of Digital Economy and Society to address the mysterious withdrawals.
Affected customers will receive refunds within five days for debit cards or have dubious credit card transactions cancelled by banks, provided they did not authorize the purchases.
New preventative measures include intensified monitoring of frequent, low-value transactions, immediate card suspension upon unusual activity, mandatory customer notifications for all transactions, and a push for OTPs on all online purchases.
The public is urged to regularly check their transactions, especially for debit cards used on high-risk platforms, to prevent further unauthorized activity.

Uthenthawai students and alumni declare truce with Pathumwan rivals

Yesterday 20:34 Key points summarised by AI

Uthenthawai students and alumni have pledged to cease violent clashes with Pathumwan Institute rivals, coinciding with their campus's reopening after a 90-day closure.
The Minister of Higher Education is mediating the long-running conflict, while the campus closure has significantly disrupted in-person classes and laboratory work for over 1,000 students.
Uthenthawai resists relocation from its current site, citing a historical land grant from King Rama VI, despite Chulalongkorn University's plans to reclaim the land for an educational hub.
Concerns are mounting over the legality of the campus closure, its detrimental impact on uninvolved students, and the potential commercial development of the land, which critics argue contradicts the late King Rama VI's intentions.