Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph today, April 5. The service is set up to send payments between Thailand and Myanmar. The system was reportedly…
Thailand Post branches out into banking Thailand Post has joined hands with 10 banks to provide money deposit services via its 1,200 branches and counter services nationwide. The firm expects 50,000 transactions per month with value of around Bt700 million in the next three months. Thailand Post president Smorn Terdthumpiboon said the firm is partnering…
Over 4,000 bank accounts in Thailand are suspected to be opened by individuals hired by criminals 36 commercial banks and financial institutes have agreed to tighten up the screening of new applicants Over 4,000 bank accounts are suspected to be opened by individuals hired by tricksters, drug traffickers, call centre scammers or other criminal elements…