Commercial Bank, a leader in innovative digital banking solutions, has successfully hosted an exclusive ‘Trade Finance and Cross-Border Transactions’ workshop at Commercial Bank Plaza.The event brought together enterprise clients for an immersive session designed to optimise international trade, covering corporate internet banking for seamless international transfers, and strategic credit financing solutions.The workshop provided critical insights
A dangerous Android-based banking malware is rapidly spreading across the United States and Canada. Anatsa is capable of stealing banking credentials using various methods including overlay attacks and keystroke logging attacks, reports Threat Fabric. The banking malware can also conduct fraudulent transactions remotely from the infected Android devices. Threat Fabric says Anatsa is being distributed
TAIPEI, July 9, 2025 /PRNewswire/ — At the Asian Banking & Finance Awards held on July 3, Cathay Financial Holdings and Cathay United Bank swept 8 awards: Analytics Initiative of the Year – Taiwan, Taiwan Domestic Cash Management Bank of the Year, Taiwan Domestic Trade Finance Bank of the Year, Customer Experience Initiative of the
Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view
Mumbai: Bank credit growth to non-banking financial companies (NBFCs) continues to lose steam, even after the Reserve Bank of India (RBI) rolled back tighter risk-weight norms earlier this year to support the sector. Experts said NBFCs are increasingly turning to bond markets for cheaper and quicker funding, while stress in microfinance and unsecured business loans
Chairman Prof. Narada Fernando Chief Executive Officer Clive Fonseka People’s Bank, one of Sri Lanka’s largest state-owned commercial banks, marks 64 years in operation today, affirming its role in expanding formal banking access and advancing financial inclusion. Over the decades, the bank has adapted to the shifting market dynamics and policy priorities, with the recent
Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk
And the government of Prime Minister Mark Carney did not table a spring budget, which it normally would use to outline its legislative priorities. Natacha Boudrias, leader of the National Bank of Canada’s open banking strategy, said the industry lacks “clarity” on the future shape of consumer-driven banking. She said the spring election likely stalled
Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,
FORT WORTH, Texas (WFAA) – A Texas man has a warning for others after he was defrauded out of $32,000. The teacher says he lost his life savings after answering a phone call from, who he thought was, his bank. However, the call was part of a sophisticated scheme. It felt so real and happened