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Vithai Promotes Bangkok Blueprint to Combat Digital Fraud

Vithai Promotes Bangkok Blueprint to Combat Digital Fraud

Khaosod•Economy•1h ago

Reader Briefing

Bank of Thailand Governor Vithai Ratanakorn introduced the Bangkok Blueprint for Fraud-Resilient Financial Services to address transnational digital crime.

  • •Vithai Ratanakorn spoke at the G30 International Banking Seminar during the IMF-World Bank Group 2026 annual meeting.
  • •The Bank of Thailand utilizes a Responsible Innovation Framework based on secure technology, good governance, and appropriate economic mechanisms.
  • •The Bangkok Blueprint for Fraud-Resilient Financial Services was launched by the IMF, World Bank, and Bank of Thailand.
  • •PromptPay has seen over 83 million registrations with a transaction value of 54 trillion baht in 2025.

Overview

  • •Vithai Ratanakorn discussed the global financial system's risks, including high public debt, geopolitical fragmentation, non-bank finance, and shared technology dependence.
  • •PromptPay has been operational for 10 years with over 83 million registered users and a transaction value of 54 trillion baht in 2025.
  • •Vithai Ratanakorn stated that AI can increase productivity, assist in decision-making, and improve credit assessments for SMEs and people with limited credit history.
  • •Vithai Ratanakorn warned that rapid technology and interconnectivity increase the speed at which fraud spreads and the risk of cyber threats.
  • •The Bank of Thailand employs the Responsible Innovation Framework to balance innovation with consumer protection and financial stability.
  • •The Bangkok Blueprint for Fraud-Resilient Financial Services defines 12 key considerations under five pillars: prevention, detection, response, information sharing, and accountability.
  • •Vithai Ratanakorn noted that digital fraud is a global problem requiring international cooperation because crimes operate across borders.

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Key Entities

Person

Vithai Ratanakorn(วิทัย รัตนากร)
Governor of the Bank of Thailand.

Organization

Bank of Thailand(ธนาคารแห่งประเทศไทย)ℹ️
The central bank of Thailand that utilizes the Responsible Innovation Framework and co-launched the Bangkok Blueprint.
IMFℹ️
An international organization that co-launched the Bangkok Blueprint for Fraud-Resilient Financial Services.
World Bank Groupℹ️
An international organization that co-launched the Bangkok Blueprint for Fraud-Resilient Financial Services.
PromptPay(พร้อมเพย์)ℹ️
A digital payment infrastructure in Thailand with over 83 million registered users.

Policy

Responsible Innovation Framework(กรอบนวัตกรรมอย่างมีความรับผิดชอบ)
A framework used by the Bank of Thailand consisting of secure technology, good governance, and appropriate economic mechanisms.
Bangkok Blueprint for Fraud-Resilient Financial Services
A framework for creating fraud-resilient financial services with 12 considerations across five pillars.