Mobile banking is becoming more and more popular in Thailand, and many users use this service to carry out various banking transactions - transfers and payments. However, as with any online service, there are certain risks associated with data security and possible fraud.
In this regard, the Bank of Thailand has implemented new security measures, including face verification, which should make online transactions even more secure for mobile banking users.
Face verification is a procedure that allows you to confirm the identity of the user by comparing his face with a pre-stored sample in the bank's database.
In addition, face verification will be mandatory for those mobile banking users who make transfers of more than 50,000 baht, or for those who exceed the limit of 200,000 baht per day.
This new security measure will help mitigate fraud risks in mobile banking and ensure users are protected from potential hacks and breaches that could bypass the current one-time password (OTP) system.
Some users may feel inconvenient when going through the face verification procedure, but this is necessary to ensure the safety and protection of their personal information and funds.
