The financial system is evolving faster than at any point in modern history. Blockchain technology has introduced a structural alternative to centralized bankin ...

Nigeria's long-running effort to reconcile oil revenues due to the Federation Account has hit another obstacle after Nigerian National Petroleum Company Limited (NNPC Ltd) and Periscope, the ...

IDFC First Bank has paid ₹645 crore to clients affected by a suspected fraud at its Chandigarh branch, surpassing its initial estimate by ₹55 crore.

Shares of IDFC First Bank tumbled on Monday, hitting the 20% lower circuit at Rs 66.85 on the BSE. This sharp selli.

Bank of Canada pilots a $100M tokenized bond using central bank deposits on distributed ledger infrastructure with major ...

Reconciling your business bank account monthly ensures you’ve correctly accounted for all transactions. It’s also the best way to catch and correct any missed or potentially fraudulent transactions.

Risk has not been eliminated. It has changed its form—shifting from balance-sheet strain due to non-performing loans to the operational challenges of managing vast, rapidly evolving digital flows.

Fraud remains a critical operational risk for banks, particularly with the surge in Authorised Push Payment (APP) fraud, which is a primary target of current FCA and PSR regulatory attention. Static, ...

IDFC First Bank reported a Rs 590-crore fraud involving employees and others in Haryana government accounts. The fraud occurred at a Chandigarh branch. The bank has informed regulators, filed a police ...

IDFC First Bank reported a suspected ₹590 crore fraud in Haryana government accounts, linked to staff at its Chandigarh ...

Drawing a line under the fraud incident at its Chandigarh branch, IDFC First Bank confirmed in a regulatory disclosure that ...