Digital economy authority News

Digital Influencers Catalyzing Zimbabwe’s Diaspora Investment Boom.

Young Zimbabwean content creators are reshaping how the diaspora views investment, shifting trends toward real estate and agriculture through authentic, ground-level digital storytelling.

Sri Lanka and Australia Forge Partnership to Enhance Digital Financial Literacy for MSMEs.

The Central Bank of Sri Lanka has partnered with Australia’s S4IE program to launch a pilot project aimed at improving digital financial literacy for micro, small, and medium enterprises to support national economic growth.

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

The Rising Tide of Cybercrime: Protecting Your Assets in the Digital Age.

Tech Giants and Emerging Platforms Challenge UPI Market Concentration in India.

Citi Debuts AI-Driven Wealth Assistant 'Citi Sky' Amidst Memory Technology Hurdles.

Citi has launched 'Citi Sky,' a 24/7 AI-powered wealth advisor, while acknowledging that memory limitations in AI models remain a critical barrier to providing seamless long-term financial guidance.

Europe’s Complex Push for Digital Independence from U.S. Tech Giants.

Digital Trust Alliance Calls for Overhaul of Sri Lanka’s Public Sector Cybersecurity Governance.

Following a major USD 2.5 million cyber breach at the Finance Ministry, a coalition of professional bodies has urged the government to implement structured cybersecurity governance and adopt international security frameworks.

Government Clarifies Treasury Financial Loss as Phishing Scam, Not Cyber Intrusion.

Digital Economy Deputy Minister Eranga Weeraratne clarifies that the $2.5 million Treasury financial breach was the result of a sophisticated phishing attack rather than a technical system hack.

Tectera Secures Google Partner Status, Strengthening Its Global Digital Footprint.

Bridging the Gap: How Sri Lanka is Shifting from Cash to Digital Payments.

Sri Lanka is focusing on behavioral shifts to move away from cash, with the Fintech Forum and global payment networks like UnionPay playing a pivotal role in promoting digital payment adoption.

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.