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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.

10 sources

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

Image Credit : dailyexpress.lk

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

19 sources

Local News

Image Source : lankanewsweb.net

National Savings Bank Launches Nationwide Digital Banking Awareness Campaign.

May 17, 2026 at 12:21 AM

7 sources

Finance

Image Source : srilankachronicle.com

Pan Asia Bank Posts Strong Q1 2026 Growth Amidst Global Economic Headwinds.

May 15, 2026 at 8:40 AM

7 sources

Finance•

May 13, 2026 at 8:08 AM

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

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.

10 sources

Technology

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

May 12, 2026 at 11:07 AM

Japanese investment giant SoftBank has injected $457 million into its subsidiary, U.K.-based AI chip designer Graphcore, as part of a broader strategy to dominate the global artificial intelligence infrastructure market.

8 sources

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

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Local News

Image Source : cnbc.com

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

May 11, 2026 at 8:18 AM

5 sources

Finance

Image Source : ft.lk

Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

May 8, 2026 at 10:39 AM

8 sources

Local News

Image Source : independent.lk

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

May 2, 2026 at 7:33 PM

8 sources

Business•

April 30, 2026 at 11:28 AM

DFCC Bank and NCCSL Join Forces to Boost Sri Lankan SMEs.

DFCC Bank has partnered with the National Chamber of Commerce of Sri Lanka to provide SMEs with enhanced market access, financial literacy, and advisory services, moving beyond traditional lending.

19 sources

Finance

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

April 29, 2026 at 7:59 PM

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.

7 sources

Technology

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.

April 29, 2026 at 7:16 PM

16 sources

Technology

Image Source : riachannel.com

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

April 25, 2026 at 11:04 AM

8 sources

Economy

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.

April 21, 2026 at 9:07 AM

14 sources

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

Image Source : appinventiv.com

Technology•

April 20, 2026 at 4:16 AM

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

Major Wall Street banks are investing billions in AI to drive productivity and bolster cybersecurity. As the industry shifts toward 'Agentic AI,' executives face increasing pressure to prove the ROI of these massive technological expenditures.

8 sources

Local News

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

April 19, 2026 at 7:16 PM

People’s Bank has been honored as a top performer at the 2026 Best Management Practices Company Awards, securing the top spot in the Public Sector Banking category and earning multiple merit awards.

7 sources

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

Image Credit : island.lk

Local News

Image Source : srilankachronicle.com

Commercial Bank Enhances Digital Payment Ecosystem through Bancstac Partnership.

April 19, 2026 at 7:14 PM

10 sources

United States

Image Source : capwolf.com

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

April 17, 2026 at 4:21 AM

10 sources

Technology

Fintech Startup Slash Achieves $1.4 Billion Valuation in Latest Funding Surge.

April 16, 2026 at 7:24 PM

7 sources

Technology•

April 16, 2026 at 4:11 PM

Swiss National Bank Advocates for Increased Competition in Cashless Payment Systems.

The Swiss National Bank (SNB) is promoting measures to enhance competition within the digital payments sector to ensure greater efficiency, resilience, and lower barriers to entry for new financial service providers.

12 sources