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Open Banking Regulatory Framework in Thailand has Not Yet Been Fully Launched, but Digital Tech Adoption Remains Steady

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Open Banking Regulatory Framework in Thailand has Not Yet Been Fully Launched, but Digital Tech Adoption Remains Steady
March 7, 2021 @ 6:10 pm By Omar Faridi
There are no extensive regulations yet on Open Banking in Thailand, however, the government’s digital transformation strategy (and the
Thailand 4.0 strategy) along with the introduction of the Personal Data Protection Act (PDPA) in 2020 indicate that the country may soon offer an Open Banking framework.
When compared to other Southeast Asian countries like Malaysia and Singapore, Thailand is still far behind when it comes to developing an Open Banking regulatory framework. The reserve bank of Thailand and other regulatory agencies have not yet provided detailed guidelines for financial data-sharing between different service providers. ....

Krung Thep Mahanakhon , Ayudhya Krungsri , Insurtech Appman , Small Group , Exchange Commission , Kasikorn Bank , Ministry Of Foreign Affairs , Siam Commercial Bank , Bangkok Bank , Office Of Insurance Commission , Open Banking , Personal Data Protection Act , Southeast Asian , Insurance Commission , Payment Master Plan , Southeast Asia Based , Commercial Bank , மால் குழு , பரிமாற்றம் தரகு , காசிகார்ன் வங்கி , அமைச்சகம் ஆஃப் வெளிநாட்டு வாழ்க்கைத்தொழில்கள் , சியாம் வணிகரீதியானது வங்கி , பாங்காக் வங்கி , அலுவலகம் ஆஃப் காப்பீடு தரகு , திறந்த வங்கி , தனிப்பட்ட தகவல்கள் ப்ரொடெக்ஶந் நாடகம் ,