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Thai Central Bank issues new measures to deal with online banking scams

13 Sept 11:37 Key points summarised by AI

**Mandates Biometric Verification:** Requires facial recognition for mobile transfers exceeding 50,000 baht or for increasing daily transfer limits, significantly bolstering security.
**Prohibits Risky Communications:** Bans commercial banks from sending SMS or emails with URLs that request personal information, directly combating phishing scams.
**Enhances Transaction Monitoring:** Imposes daily transfer limits, necessitates user notifications for every transaction, and demands 24/7 systems to detect and report suspicious activities.
**Establishes Emergency Support:** Requires banks to provide dedicated emergency contact channels for customers to report suspected account breaches promptly.

Today 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).