The BOT said it will communicate "clear action plans" in April and establish working groups to drive the open banking initiative forward.
March 6, 2024The Bank of Thailand aims to grant three virtual bank licences by mid-2025, with a view to seeing services launch in 2026.
March 5, 2024The new framework takes into account lending to important corporations and SMEs as well as the potential impact of a mobile banking disruption.
March 5, 2024The Thailand Taxonomy will be expanded in scope to cover the manufacturing, construction and real estate, waste management, and agricultural sectors.
February 22, 2024The transaction was sent to China through the "mBridge" platform, developed by the BIS Innovation Hub, HKMA, CBUAE, BOT, and PBOC.
January 31, 2024HKMA and BOT will explore the use of local currencies in cross-border trade and collaboration in financial digitalisation, fintech, and sustainable finance.
January 31, 2024The BOT and SET are promoting the use of a new payment infrastructure called "PromptBiz" to facilitate the digitalisation of the business sector.
January 30, 2024Travellers from Thailand and Hong Kong can make retail payments by using their mobile banking apps to scan the Hong Kong and Thai QR codes displayed by merchants.
December 5, 2023The BOT will create common standards, an accreditation process, and a consent-based mechanism to allow financial service providers to share consumer data.
December 5, 2023India’s ambassador to Thailand, Nagesh Singh, said negotiations have been underway and there will very soon be "good news".
November 17, 2023