Biometric identity verification among new measures to combat rise in financial fraud in Thailand

BANGKOK, March 13 (Bernama): Biometric identity verification is among the new measures and guidelines issued by the Bank of Thailand (BoT) to combat financial fraud and scams in Thailand.

In a statement, BoT Governor Sethaput Suthiwartnarueput said the new measures are vital to protect customers’ savings following an increase in the country's financial frauds and scams - where the modus operandi and tactics used continue to evolve from time to time.