Germany’s economy entered recession in Q1 – Industry roundup: 25 May
by Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
Fraud is wrongful deception for financial gain. The global levels of fraud are huge and growing: according to the Association of Certified Fraud Examiners (AFCE) in the USA, a typical business loses 5…
Read moreby Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
by Graham Buck
Bank of Israel hikes rates again; Book claims state-sponsored Libor rigging in 2008; US companies rush to borrow; Study identifies ESG pay boost in US
by Graham Buck
China opens new Swap Connect prog; Singapore's new anti- crime platform; Thailand's economy buoyant in Q1; Amex closing non-US business FX ops
by Graham Buck
China, Singapore unite on sustainable finance; Chile to nationalise lithium reserves; Meloni upbeat on MPS sale; Zimbabwe's digital currency plans
by Pushpendra Mehta , Executive Writer, CTMfile
Training employees in payment security helps detect payment fraud quickly and maintain treasury’s leadership in this area.
by Graham Buck
Canada keeps rates on hold; Renminbi share of trade finance grows; Mastercard adds Cross-Border Services Express; Tranglo expands into Europe
by Graham Buck
EU Chips Act set to get go-ahead; UAE's digital currency moves forward; Alibaba restructure divides opinion; Mastercard demands greener plastic
by Pushpendra Mehta , Executive Writer, CTMfile
Organizations must remain vigilant as ransomware payments rise despite fewer ransomware attacks.
by Graham Buck
Cineworld emerges from Chapter 11; Squeeze tightens on MTS Bank; Credit Agricole expands in China; Tranglo adds instant SEPA payout to Europe
by Pushpendra Mehta , Executive Writer, CTMfile
Fear and a sense of urgency that drove recent bank runs can fuel the next big opportunity for bad actors and result in targeted cybercrimes.
by Graham Buck
Power outages pressure SA banks; Three emerging new financial hubs; Argentina's debt swap; Viterrra gets sustainability-linked funds
by Graham Buck
France and Spain see inflation rise; JPMorgan rejigs Asia credit indexes; Marco Polo declared insolvent; Banga tipped as new World Bank chief
by Pushpendra Mehta , Executive Writer, CTMfile
With hackers expected to use ChatCPT for cybercrime, organizations need to invest in AI-driven cybersecurity to fight AI-powered cyberthreats.
by Monica Zangerle , Writer, CTMfile
The US SEC charges crypto TerraUSD and its founder Do Kwon with fraud.
by Pushpendra Mehta , Executive Writer, CTMfile
Corporate leaders must take proactive steps to lower swatting risks so that swatters cannot get to the bigger prize – corporate assets.
by Graham Buck
China to keep green bond issue lead; Money managers expect sticky inflation; Emirates to launch a CBDC; Nine banks fund Carbonplace
by Graham Buck
BP trims outlook for energy demand; Nigeria launches AfriGo card; Stan Chartered to open Philippines services hub; Montenegro teams with Ripple
by Graham Buck
Canada’s 4.50% rate could mark peak; LatAm leaders request more funding; South Korea corporate bond sales dip; HK banks offer sweeteners to staff
by Graham Buck
Big banks work on Apple Pay rival; Sweden's rare earths discovery; New use cases for China's digital yuan; Pakistan food group plans IPO
by Pushpendra Mehta , Executive Writer, CTMfile
Combat the growing menace of incoming payments fraud by adopting digital solutions, identity verification, speed and authentication.
by Graham Buck
Bank of America chief promotes ESG; Deutsche Bank's CNY1bn Panda Bond; Saudi J-v targets strategic minerals; Five evolving cybercrime trends
by Graham Buck
American firms turn to convertible bonds; Thailand to allow virtual banks; Standard Chartered upbeat on India; US creates digital assets body
by Graham Buck
France regulator issues 2023 action plan; Japan's PM on working with central bank; WEF questions blockchain; BBVA expands via Central America partner
by Graham Buck
Air France-KLM opts for ESG bonds; Bike producer backpedals from China; TCH taps SWIFT for its new chief; Denmark's cashless banks deter criminals