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Banking

454 posts
bank of thailand

Bank of Thailand raises key rate from 1.50 to 1.75%

In an effort to lower inflation to its target range, Thailand’s central bank increased its key policy rate by 25 basis points (0.25%), to 1.75%, the highest level since August 2019
cyber attack hacker

New anti cyber banking crime law now effective

This new law grants banks more power to immediately block suspicious transactions.
cyber online fraud

Bank of Thailand takes additional steps against online banking fraud

Banks must have a system in place that can detect suspicious transactions round-the-clock and notify any such transactions to the Anti-Money Laundering Office
bank of thailand

Bank of Thailand raises key rate from 1.25 to 1.5%

The Thai economy will continue to gain traction with continued recovery in tourism and private consumption thanks to the return of Chinese tourists
cbdc

Fintech sector boosts inclusion and liquidity in emerging markets

Driven by a decline in cash payments during the Covid-19 pandemic, digital payments skyrocketed in line with the growth in e-commerce, as the financial technology (fintech) sector expanded to provide consumers with a wider variety of payment options.
e cny red

China massive first-mover advantage in Central Bank Digital Currencies (CBDCs)

Central Bank Digital Currencies (CBDCs) have the potential to disrupt dollar dominance and transform the mechanics of the global financial system by providing faster and cheaper ways to settle international trade and financial transactions