All posts tagged "BoT"
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316Asia-PacificBOT Concludes Project Inthanon’s Second Phase
Phase 2 used smart contracts to automate bond lifecycle events, and introduced pre-validation to reduce error and fraud in funds transfers. Phase 3 will be a joint effort with the HKMA.
July 22, 2019 -
452UncategorisedCambodia Selects Three Banks to Pilot QR Code System
The QR code system developed by Siam Commercial Bank will enable cross border payments between Cambodia and Thailand using local currencies.
June 21, 2019 -
808Asia-Pacific
Hong Kong, Thailand Central Banks Sign Fintech Collaboration Agreement
HKMA and BOT have agreed to collaborate on fintech innovation, including through a joint research project on the development of a central bank digital currency.
May 15, 2019 -
419Asia-Pacific
BOT Launches Phase Two of ‘Debt Clinic’ Scheme
The second phase of the programme is aimed at helping troubled borrowers who owe credit card and personal loan debt to both bank and non-bank lenders.
May 9, 2019 -
439Asia-PacificPayments Connectivity Sees Continued Progress in ASEAN
Bank of Thailand outlined a number of key initiatives with other ASEAN nations to increase regional connectivity in cross-border payments.
April 10, 2019 -
1.2KAsia-Pacific
ASEAN Pushes for Cross-Border Settlement in Local Currencies
ASEAN central bankers are setting up direct settlement systems that use local currencies, in a bid to reduce transaction costs and exposures to global volatility.
April 8, 2019 -
1.4KInternationalSWIFT Sees Growing ISO 20022 Adoption in Asia Pacific
SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.
April 3, 2019 -
749AML / KYCBank of Ayudhya Uses Facial Recognition in Account Opening
Bank of Ayudhya has become the first bank in Thailand to introduce facial recognition in account opening, which it says will enhance security and prevent fraud and identity theft.
March 12, 2019 -
645Asia-Pacific
Thailand Moves to Transaction-based Calculation for THBFIX
The "more credible" transactions-based approach will improve transparency and reduce risks of manipulation, and is in line with the IOSCO Principles for Financial Benchmarks, the BOT said.
March 4, 2019 -
471Asia-Pacific
BOT Urges Commercial Banks to Set Up Risk Management Boards
Thailand’s central bank is concerned about underpricing of risk on corporate loans given “growing uncertainties” in domestic and international markets.
January 4, 2019
