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, 2019Highlights will include measures to accelerate financial innovation, approve online-only banks, launch a regulatory sandbox, and strengthen consumer and investor protection.
March 8, 2019New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.
November 6, 2018BSP governor laid out the central bank’s regulatory priorities in fintech and regtech while revealing regulation around AML/KYC requirements and mitigating the risks surrounding data security.
April 19, 2018Tech firms will need to pass an assessment for FSC approval to use the sandbox and gain exemptions from certain regulations.
January 5, 2018Securities Commission invites proposals from parties interested in participating in regulatory sandbox sessions under its innovation lab.
December 26, 2017