Under the new framework, mobile banking users will face a daily transaction limit of 50,000 baht, implemented as a protective measure against potential fraud-related financial losses. For transactions exceeding this threshold, or when daily digital trades surpass 200,000 baht, additional biometric verification including facial recognition and forgery detection systems will be required. The multi-layered security approach follows successful implementations by other Asian financial institutions, such as KB Kookmin Bank’s enhanced mobile security measures.
Source: mobileidworld.com