Bank of Thailand Deploys AI to Audit 3,600 Lenders, Targeting Predatory Practices
Technology

Bank of Thailand Deploys AI to Audit 3,600 Lenders, Targeting Predatory Practices

The Bank of Thailand is launching an AI-driven audit of 3,600 lenders to combat unfair loan practices, including exorbitant interest rates and hidden fees. This initiative aims to alleviate household debt burdens and enhance financial market transparency.

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