PUBLISHED: 22 May 2024 at 04: 00
A working group was established by the National Broadcasting and Telecommunications Commission ( NBTC ) yesterday to implement a new policy to stop online scammers from stealing from mobile banking users.
The NBTC’s previous approval for the plan requires that the name of the bank account’s owner be the same as the name of the SIM card owner when registering a cellular phone SIM card.
The newly formed team comprises representatives from the NBTC, Anti- Money Laundering Office ( Amlo ), Bank of Thailand, Thai Bankers ‘ Association, mobile phone network operators and relevant state agencies.
According to Pol Gen Nathathorn Prousoontorn, director of the NBTC, the lenders will be gathering information regarding the ID or card numbers as well as the mobile numbers of those who have registered for a bank-provided mobile banking services.
He claimed that Amlo did receive the date information in an encrypted format for use and communication with the NBTC after it had been gathered.
The NBTC is in charge of resolving the problem involving the wireless network customer database and ensuring that the users ‘ names match those on the exchange service’s mobile phone number.
According to Pol Gen Nathathorn, the bank may receive feedback regarding the identification results, which may ask their customers to adhere to the new regulations in order to continue using the mobile banking services.
According to Pol Gen Nathathorn, an exemption will only be made in certain circumstances, such as when a person registers to apply mobile banks and mobile phone companies on behalf of their younger children or elderly parents.
Up to 2.13 million SIM cards were canceled after the date for people who registered to use 101 or more SIM cards per person to discover themselves in person to the NBTC after the date expired on February 14.