Guardforce AI Secures Multi-Million Dollar, 3-Year Contracts with Thailand’s Government Savings Bank: A Long-Term Partnership for Enhanced Security Solutions

Guardforce AI Renews Key Contracts with Long-term Customer, Government Savings Bank in Thailand

NEW YORK, NY, Jan. 28, 2025

Guardforce AI Co., Limited, an integrated security, AI, and Robot-as-a-Service (RaaS) provider, recently announced the renewal of key contracts with its long-standing customer, the Government Savings Bank (GSB) in Thailand. Established as a state enterprise under the Thai Ministry of Finance, GSB operates as a financial institution guaranteed by the Thai government.

A Decades-long Partnership

The partnership between Guardforce AI and GSB dates back several decades. Over this period, Guardforce AI’s subsidiary, Guardforce Cash Solutions Security (Thailand) Company Limited (GFCS), has provided security services to GSB, ensuring the safety and security of their cash logistics.

Continued Commitment to Innovation

With the renewal of these contracts, Guardforce AI reaffirms its commitment to providing GSB with the latest security solutions. The company’s focus on innovation and technology aligns with GSB’s mission to offer modern, efficient, and secure financial services to its customers.

Impact on the Community and Customers

For the community and GSB customers, the renewed contracts mean continued peace of mind when it comes to the safety and security of their financial transactions. With Guardforce AI’s advanced security solutions in place, customers can trust that their cash logistics are in capable hands.

Global Implications

Beyond Thailand, this partnership underscores the growing importance of AI and RaaS in the financial sector. As financial institutions increasingly adopt technology to enhance security and efficiency, partnerships like this one between Guardforce AI and GSB will become more common.

A Look Ahead

The renewed contracts between Guardforce AI and GSB mark a significant milestone in both companies’ histories. With a shared commitment to innovation and security, the future looks bright for this long-term partnership.

  • Guardforce AI and GSB have renewed key contracts, extending their partnership for another term.
  • The partnership between the two companies dates back several decades.
  • Guardforce AI’s subsidiary, GFCS, provides security services for GSB’s cash logistics.
  • The renewed contracts demonstrate both companies’ commitment to innovation and technology.
  • The partnership has positive implications for the community and GSB customers.
  • The partnership underscores the growing importance of AI and RaaS in the financial sector.

In conclusion, Guardforce AI’s renewal of contracts with the Government Savings Bank (GSB) in Thailand is an exciting development for both companies. This long-term partnership, which dates back several decades, demonstrates the importance of innovation and technology in enhancing security and efficiency in the financial sector. For the community and GSB customers, this renewed commitment to security means peace of mind when it comes to their financial transactions. As the financial sector continues to evolve, partnerships like this one between Guardforce AI and GSB will become increasingly common. Together, these companies will shape the future of financial security and technology.

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