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Face biometrics workaround has Thailand’s bankers defending new transfer rules
Nov. 10, 2023, 5:18 p.m. | Joel R. McConvey
Biometric Update www.biometricupdate.com
Thailand’s bankers are in damage control mode after a programmer was arrested for selling software that bypasses mandatory face biometrics checks for mobile transfers of more than 50,000 baht (roughly US$1,400). An article in The Thaiger says mule accounts were used to exploit a loophole in the policy, which was implemented in June.
The relative speed with which the facial recognition system was compromised has the Thai Bankers Association issuing reassurances that banking apps are secure and not exposed to …
accounts arrested article banking biometrics biometrics news control defending exploit face biometrics facial recognition financial services fraud prevention identity verification mobile mode policy programmer rules selling software thailand transfer workaround
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