Banking it News

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

Commercial Bank Reaches Milestone with 400th IT Lab and New CSR Identity.

National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

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

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

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

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.

PBOC Adjusts Strategy to Manage Excess Liquidity in Financial Markets.

Evolution of Finance: How Human Intelligence Complements AI in Modern Business.

As AI automates routine tasks, finance professionals are shifting toward strategic, data-driven leadership roles, with a focus on human judgment, ethical reasoning, and critical analysis.

Analysis: Why Sri Lanka’s $2.5 Million Debt Payment Divergence Was Likely a Process Failure.

Experts suggest the diversion of a $2.5 million sovereign debt payment was likely a Business Email Compromise (BEC) rather than a complex cyber-attack, highlighting critical gaps in financial verification processes.

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.

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