First stage begins with banks PUBLISHED : 30 Nov 2023 at 20: 55 Customers usage automated teller devices (ATMs) at Mor Chit bus terminal in Bangkok. (Photo: Apichit Jinakul) The Bank of Thailand (BoT) is setup to carryout open banking policies next year, makingitpossiblefor information owners to quickly transfer their information from one service supplier to another to permit muchbetter information utilisation. The regulator strategies to authorise monetary organizations offering open information service to the public, which permits information owners to provide authorization to monetary service suppliers to reveal or sendout their information to another serviceprovider. The service must supply more benefit, speed and lower expenses to clients for monetary deals, stated Wipawin Promboon, the main bank’s senior director for monetary organizations technique department. Meanwhile, monetary organizations can muchbetter usage the information to broaden monetary services with more effectiveness, which advantages the financi
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