snoop1130 Posted November 10, 2022 Share Posted November 10, 2022 The Bank of Thailand (BoT) is to issue a new regulation which seeks to put a time limit on commercial banks’ mobile banking app outages, to ease the impacts on customers, according to Kitti Kosavisutte, committee chairman of the Thailand Banking Sector Computer Emergency Response Team (TB-CERT). He said that the central bank has already gauged the opinions of financial institutions and relevant agencies about the problem of mobile banking app crashes, which have occurred at a number of commercial banks in the past several months, causing widespread frustration. The new rule will be considered by the BoT board before it is applied to commercial banks, he said. Full Story: https://www.thaipbsworld.com/thailands-central-bank-to-introduce-rules-to-limit-bank-system-outages/ -- © Copyright Thai PBS 2022-11-10 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more! Link to comment Share on other sites More sharing options...
worgeordie Posted November 10, 2022 Share Posted November 10, 2022 So what is the new rule ... how long will they have to fix any problems,? and what are the consequences if they take longer to fix ? cannot get to Thai PBS link to see if its in there , why they cannot just tell you the full story without having to click links......happens all the time regards worgeordie 1 Link to comment Share on other sites More sharing options...
ikke1959 Posted November 10, 2022 Share Posted November 10, 2022 Words no deeds Link to comment Share on other sites More sharing options...
hotchilli Posted November 11, 2022 Share Posted November 11, 2022 18 hours ago, snoop1130 said: The new rule will be considered by the BoT board before it is applied to commercial banks, he said New rule... DO NOT CRASH works perfectly. 1 Link to comment Share on other sites More sharing options...
Caldera Posted November 11, 2022 Share Posted November 11, 2022 Penalties calculated as follows: Downtime in minutes multiplied by the number of customers affected multiplied by a base fine of XXX baht. That should fix it. Link to comment Share on other sites More sharing options...
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