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BoT Warns of Cyber Fraud and Promotes Bangkok Blueprint

BoT Warns of Cyber Fraud and Promotes Bangkok Blueprint

Prachachat•Economy•41m ago

Reader Briefing

The Bank of Thailand is implementing a Responsible Innovation Framework and the Bangkok Blueprint to combat escalating global cyber fraud and financial risks.

  • •Withai Ratanakorn spoke at the 44th Group of Thirty (G30) annual international banking seminar.
  • •The Bank of Thailand introduced a Responsible Innovation Framework based on three pillars: Sound Technology, Sound Governance, and Sound Economics.
  • •The Bangkok Blueprint, launched by the IMF, World Bank, and Bank of Thailand, provides 12 principles to increase financial service resilience against fraud.
  • •PromptPay recorded a transaction value of 54 trillion baht in 2025.

Overview

  • •Withai Ratanakorn addressed the 44th Group of Thirty (G30) seminar regarding how AI and digital finance are transforming financial markets and central bank stability.
  • •PromptPay has over 83 million registered users and reached a transaction value of 54 trillion baht in 2025, exceeding twice Thailand's GDP.
  • •The Bank of Thailand warns that increased speed and connectivity in financial technology allow cyber attacks and fraud to spread more rapidly across borders.
  • •The Bank of Thailand is utilizing a Responsible Innovation Framework consisting of Sound Technology, Sound Governance, and Sound Economics to protect consumers and maintain stability.
  • •Withai Ratanakorn stated that the duty of regulators is to allow innovation to develop while maintaining consumer protection and public confidence.
  • •The IMF, World Bank, and Bank of Thailand launched the Bangkok Blueprint, which outlines 12 principles for governance, prevention, detection, response, data sharing, and accountability.
  • •The Bank of Thailand asserts that global cooperation is necessary because digital financial risks can migrate to regions with weaker defenses.

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Source: Prachachat (Original)

Key Quotes

Withai Ratanakorn
"I would like to thank Kristalina Georgieva, Managing Director of the IMF, for her strong support of this initiative."
ผมขอขอบคุณคริสตาลินา กอร์เกียวา กรรมการผู้จัดการ IMF สำหรับการสนับสนุนอย่างแข็งขันต่อโครงการริเริ่มนี้

Key Entities

Organization

Bank of Thailand(ธปท.)ℹ️
The central bank of Thailand that is implementing a Responsible Innovation Framework and co-launched the Bangkok Blueprint.
Group of Thirty(กลุ่ม 30)ℹ️
An organization that held its 44th annual international banking seminar.
International Monetary Fund(กองทุนการเงินระหว่างประเทศ)ℹ️
An international organization that co-launched the Bangkok Blueprint.
World Bank(ธนาคารโลก)ℹ️
An international organization that co-launched the Bangkok Blueprint.

Person

Withai Ratanakorn(วิทัย รัตนากร)
The Governor of the Bank of Thailand who spoke at the 44th Group of Thirty seminar.
Kristalina Georgieva(คริสตาลินา กอร์เกียวา)ℹ️
The Managing Director of the IMF who supported the Bangkok Blueprint initiative.

Policy

PromptPay(พร้อมเพย์)ℹ️
An instant payment system in Thailand with over 83 million registered users.
Responsible Innovation Framework(กรอบการพัฒนานวัตกรรมอย่างมีความรับผิดชอบ)
A framework by the Bank of Thailand consisting of Sound Technology, Sound Governance, and Sound Economics.
Bangkok Blueprint
A guideline for creating fraud-resilient financial services featuring 12 key principles, launched by the IMF, World Bank, and Bank of Thailand.

Place

Thailand(ไทย)ℹ️
The country where PromptPay is implemented and the Bank of Thailand operates.