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Local News

Strengthening the Banking Pillar: Essential for Sri Lanka’s Long-Term Economic Resilience.

May 19, 2026 at 12:22 AM

This article explores how a robust banking sector is critical for Sri Lanka's economic recovery, addressing misconceptions regarding bank profitability and highlighting the sector's vital role in national stability.

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Strengthening the Banking Pillar: Essential for Sri Lanka’s Long-Term Economic Resilience
Image Credit : dailyexpress.lk
Technology
A High-Performance Solution for Apple Users: UGREEN Nexode Power Bank Review
Image Source : 9to5mac.com

A High-Performance Solution for Apple Users: UGREEN Nexode Power Bank Review.

May 18, 2026 at 10:52 PM
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Technology

US Banking Sector Faces Urgent Cybersecurity Overhaul Driven by Anthropic's Mythos AI.

Major US banks are scrambling to patch widespread IT vulnerabilities exposed by Anthropic's Mythos AI tool. The technology's ability to chain minor security flaws into high-risk exploits is forcing banks to update aging software at unprecedented speeds, raising concerns about potential system service disruptions.

May 18, 2026 at 4:19 AM
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Local News
National Savings Bank Launches Nationwide Digital Banking Awareness Campaign
Image Source : lankanewsweb.net

National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

May 17, 2026 at 12:21 AM
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Debunking the 'Trump Banknote' Rumors: Fact vs. Fiction
Image Source : realitytea.com
United States•
May 13, 2026 at 11:04 AM

Debunking the 'Trump Banknote' Rumors: Fact vs. Fiction.

Recent viral social media posts featuring images of US banknotes with Donald Trump's portrait are AI-generated fakes. However, a real historic change is occurring: Trump's signature will appear on new $100 bills starting in June 2026.

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Finance

DFCC Bank Achieves Global Recognition for Customer-Centric Innovation at ACEF Awards.

May 13, 2026 at 8:08 AM

DFCC Bank secures multiple accolades at the 15th ACEF Global Customer Engagement Awards, highlighting its success in digital innovation, community empowerment, and purpose-led marketing.

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Technology
SoftBank Bolsters AI Ambitions with $457 Million Capital Infusion into Graphcore
Image Source : invezz.com

SoftBank Bolsters AI Ambitions with $457 Million Capital Infusion into Graphcore.

May 12, 2026 at 11:07 AM
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Economy

Syria Reconnects with Global Financial Systems Through Visa and Mastercard Integration.

Syria has officially authorized local banks to collaborate with Visa and Mastercard, ending a 15-year isolation from global payment networks as part of a strategic effort to revitalize its economy.

May 12, 2026 at 2:35 AM
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Local News
Fintrex Finance Launches 'Nimble' Core Banking System in Major Digital Shift
Image Source : cnbc.com

Fintrex Finance Launches 'Nimble' Core Banking System in Major Digital Shift.

May 11, 2026 at 8:18 AM
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People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy
Image Source : sundaytimes.lk
Local News•
May 10, 2026 at 12:01 AM

People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.

People’s Bank is actively supporting Sri Lanka's transition to a cash-lite economy through the National QR Payment Adoption Programme, leveraging the 'People’s Pay' digital wallet to provide secure, fee-free transactions.

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Local News

Commercial Bank of Ceylon Retains ‘Best Bank in Sri Lanka’ Title for 24th Consecutive Year.

May 5, 2026 at 8:36 AM

Commercial Bank of Ceylon has been named the 'Best Bank in Sri Lanka' by Global Finance for the 24th time, highlighting its sustained financial stability and leadership in the local banking sector.

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Technology
Navigating AI Investments: Strategic Financial Leadership in a Transforming Era
Image Source : businessinsider.com

Navigating AI Investments: Strategic Financial Leadership in a Transforming Era.

May 4, 2026 at 10:07 AM
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Economy
Australia’s Reserve Bank Maintains Hawkish Stance Amid Global Monetary Policy Divergence
Image Source : investinglive.com

Australia’s Reserve Bank Maintains Hawkish Stance Amid Global Monetary Policy Divergence.

May 3, 2026 at 9:25 PM
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Finance

People’s Bank Investment Banking Unit Secures Prestigious Global Accolade for 2026.

People's Bank Investment Banking Unit (PBIBU) has been recognized as the Best Investment Bank in Sri Lanka for 2026 by the Global Banking and Finance Review Awards, highlighting its significant contributions to the local financial sector.

April 29, 2026 at 7:59 PM
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Technology•
April 29, 2026 at 7:16 PM

Banking Sector Embraces Artificial Intelligence to Reshape Financial Services.

Financial institutions are rapidly integrating AI to optimize operations, enhance customer onboarding, and improve efficiency ratios, though challenges regarding return on investment persist.

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Technology

Goldman Sachs Executive Kunal Shah on How Junior Talent and AI Are Reshaping Investment Banking.

April 25, 2026 at 11:04 AM

Goldman Sachs International co-CEO Kunal Shah discusses the evolving landscape of global finance, emphasizing how AI and tech-savvy junior talent are driving innovation and disrupting traditional banking workflows.

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Goldman Sachs Executive Kunal Shah on How Junior Talent and AI Are Reshaping Investment Banking
Image Credit : riachannel.com
Technology
Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival
Image Source : appinventiv.com

Wall Street’s Multi-Billion Dollar AI Bet: Redefining Banking Survival.

April 20, 2026 at 4:16 AM
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Local News
People’s Bank Secures Major Recognition at Best Management Practices Company Awards 2026
Image Source : island.lk

People’s Bank Secures Major Recognition at Best Management Practices Company Awards 2026.

April 19, 2026 at 7:16 PM
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Local News
Commercial Bank Enhances Digital Payment Ecosystem through Bancstac Partnership
Image Source : srilankachronicle.com

Commercial Bank Enhances Digital Payment Ecosystem through Bancstac Partnership.

April 19, 2026 at 7:14 PM
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US Banks Face Potential Multi-Billion Dollar Compliance Mandate for Citizenship Verification
Image Source : capwolf.com
United States•
April 17, 2026 at 4:21 AM

US Banks Face Potential Multi-Billion Dollar Compliance Mandate for Citizenship Verification.

The Trump administration is preparing an executive order requiring banks to collect citizenship status for all account holders, a move experts warn could cost billions and trigger significant regulatory friction despite promises of deregulation.

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