Interbank

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6h
Wired News
Security News This Week: The FBI Gets Creative to Avoid Disclosing Its $1M iPhone Hackvulnerabilities in software at the core of the SWIFT platform. The Brussels-bas
Security News This Week: The FBI Gets Creative to Avoid Disclosing Its $1M iPhone Hack
Wired News / Posted 6 hours ago
vulnerabilities in software at the core of the SWIFT platform. The Brussels-based SWIFT, or the Society for Worldwide Interbank Financial Telecommunication platform, is the heart of the global financial system; it allows financial institutions... Read more
1d
Inquirier.net
Duterte: I have less than P200M in bankBDO–Unibank (Account No. 1370020471). The number of deposits and transfers in
Duterte: I have less than P200M in bank
Inquirier.net / Posted yesterday
BDO–Unibank (Account No. 1370020471). The number of deposits and transfers in the three banks totaled 71, of which 23 were interbank transfers and 48 through credit memos. The interbank transfers amounted to a total of P715.9 million, while those... Read more
731 related stories
1d
The Star
MEPS plans to introduce ‘pool ATM’ services next yearto offer cost efficiency for banks and their clients next year. Managing direc
MEPS plans to introduce ‘pool ATM’ services next year
The Star / Posted yesterday
to offer cost efficiency for banks and their clients next year. Managing director Zulkarnain Kassim said currently the interbank network provider was in discussion with several banks, which had shown keen interest in providing the... Read more
1d
The Economic Times
Rupee bounces back by 19 paise to end at 66.33view of weaker greenback overseas. The rupee resumed higher by 66.48 against y
Rupee bounces back by 19 paise to end at 66.33
The Economic Times / Posted yesterday
view of weaker greenback overseas. The rupee resumed higher by 66.48 against yesterday's level of 66.52 per dollar at the Interbank Foreign Exchange market and hovered in a range of 66.5650 and 66.28 per dollar before finishing at 66.33, showing a... Read more
22 related stories
1d
The Hindu
Rupee bounces back by 19 paise to end at 66.33some extent, a forex dealer said. The rupee resumed higher by 66.48 against Th
Rupee bounces back by 19 paise to end at 66.33
The Hindu / Posted yesterday
some extent, a forex dealer said. The rupee resumed higher by 66.48 against Thurdsday’s level of 66.52 per dollar at the Interbank Foreign Exchange market and hovered in a range of 66.5650 and 66.28 per dollar before finishing at 66.33, showing a... Read more
22 related stories
1d
The Star
Consumer Price Index moderates to 2.6% in Marchto -8.2% (February: 3.6%),” the central bank said in a statement. Commenting o
Consumer Price Index moderates to 2.6% in March
The Star / Posted yesterday
to -8.2% (February: 3.6%),” the central bank said in a statement. Commenting on the country’s monetary condition, BNM said interbank rates continued their moderating trend in March following the reduction of the statutory reserve requirement by 50... Read more
1d
AllAfrica.com
The Make or Mar Revenue Target for Customsand introduce a new dealing system since February 2015. This has succeeded in p
The Make or Mar Revenue Target for Customs
AllAfrica.com / Posted yesterday
and introduce a new dealing system since February 2015. This has succeeded in preventing lenders from buying dollars on the interbank market without matching orders from customers who need to import goods. With dwindling income accruing into the... Read more
1d
iol.co.za
Bad loans create headache for Barclays Africathe banking system’s asset quality,” Pirnie said. Bob Diamond, who ran Barclay
Bad loans create headache for Barclays Africa
iol.co.za / Posted yesterday
the banking system’s asset quality,” Pirnie said. Bob Diamond, who ran Barclays before his 2012 ouster during the London Interbank Offered Rate, or Libor, scandal, confirmed this week that he and investors, including US private-equity giant... Read more
1d
New Kerala
Chinese yuan strengthens - newkerala.com #56194parity rate each trading day, Xinhua news agency reported. The central parity
Chinese yuan strengthens - newkerala.com #56194
New Kerala / Posted yesterday
parity rate each trading day, Xinhua news agency reported. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each busi... Read more
3 related stories
2d
Inquirier.net
BSP foils attempt to hack websiteswitches to network computers connected to the SWIFT network, an investigator s
BSP foils attempt to hack website
Inquirier.net / Posted 2 days ago
switches to network computers connected to the SWIFT network, an investigator said. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. The BSP was not always... Read more
7 related stories
2d
Inquirier.net
Duterte accounts had P2.4B in transactionsBDO–Unibank (Account No. 1370020471). The number of deposits and transfers in
Duterte accounts had P2.4B in transactions
Inquirier.net / Posted 2 days ago
BDO–Unibank (Account No. 1370020471). The number of deposits and transfers in the three banks totaled 71, of which 23 were interbank transfers and 48 through credit memos. The interbank transfers amounted to a total of P715.9 million, while those... Read more
731 related stories
2d
Business Insurance
Philippine central bank says attempts to hack its website foiledswitches to network computers connected to the SWIFT network, an investigator s
Philippine central bank says attempts to hack its website foiled
Business Insurance / Posted 2 days ago
switches to network computers connected to the SWIFT network, an investigator said. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Despite the bank heist... Read more
7 related stories
2d
CNBC
How $80B moving through NY Fed daily could be vulnerable to hackersused in international finance to authorize the transfer of money between financ
How $80B moving through NY Fed daily could be vulnerable to hackers
CNBC / Posted 2 days ago
used in international finance to authorize the transfer of money between financial institutions. The Society for Worldwide Interbank Financial Telecommunications, which is itself operated by a financial cooperative based in Brussels, said in a... Read more
2d
The Economic Times
Rupee snaps 2-day rise, falls 8 paise to 66.52the stock exchanges. The rupee resumed higher at 66.39 per dollar as against t
Rupee snaps 2-day rise, falls 8 paise to 66.52
The Economic Times / Posted 2 days ago
the stock exchanges. The rupee resumed higher at 66.39 per dollar as against the yesterday's closing level of 66.44 at the Interbank Foreign Exchange and hovered in a range of 66.37 and 66.5525 per dollar before ending at 66.52 per dollar, showing... Read more
22 related stories
2d
The Hindu
Rupee snaps 2-day rise, falls 8 paise to 66.52the stock exchanges. The rupee resumed higher at 66.39 per dollar as against t
Rupee snaps 2-day rise, falls 8 paise to 66.52
The Hindu / Posted 2 days ago
the stock exchanges. The rupee resumed higher at 66.39 per dollar as against the yesterday’s closing level of 66.44 at the Interbank Foreign Exchange and hovered in a range of 66.37 and 66.5525 per dollar before ending at 66.52 per dollar, showing... Read more
22 related stories
2d
Market Watch
Hungary plans further 'slight' cut to ratesfrom the range of possible policy tools, Mr. Nagy said. Instead, the central b
Hungary plans further 'slight' cut to rates
Market Watch / Posted 2 days ago
from the range of possible policy tools, Mr. Nagy said. Instead, the central bank wants to use the Bubor, the Budapest interbank offered rate, to bring market rates lower. It will launch mandatory market making for commercial banks from May 2... Read more
2d
Manila Bulletin
Tetangco assures BSP website securitysomething that they deal with it on a fairly regular basis, and that it was “al
Tetangco assures BSP website security
Manila Bulletin / Posted 2 days ago
something that they deal with it on a fairly regular basis, and that it was “always there”. SWIFT or Society for Worldwide Interbank Financial Telecommunication, which provides global financial network, has also issued a warning about increasing... Read more
2d
Channel NewsAsia
Philippine central bank says foiled attempts to hack its websiteswitches to network computers connected to the SWIFT network, an investigator s
Philippine central bank says foiled attempts to hack its website
Channel NewsAsia / Posted 2 days ago
switches to network computers connected to the SWIFT network, an investigator said. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Despite the bank heist... Read more
7 related stories
2d
Bdnews24.com
Philippines central bank foils attempts to hack its websiteswitches to network computers connected to the SWIFT network, an investigator s
Philippines central bank foils attempts to hack its website
Bdnews24.com / Posted 2 days ago
switches to network computers connected to the SWIFT network, an investigator said. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Despite the bank heist... Read more
7 related stories
2d
New Kerala
Chinese yuan weakens - newkerala.com #55423parity rate each trading day, Xinhua news agency reported. The central parity
Chinese yuan weakens - newkerala.com #55423
New Kerala / Posted 2 days ago
parity rate each trading day, Xinhua news agency reported. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each busi... Read more
3 related stories
2d
Guardian Unlimited
Senior Barclays executive denies knowledge of Libor rate riggingdollar Libor rates between June 2005 and September 2007. In its third trial of
Senior Barclays executive denies knowledge of Libor rate rigging
Guardian Unlimited / Posted 2 days ago
dollar Libor rates between June 2005 and September 2007. In its third trial of individuals accused of rigging the London interbank offered rate, a benchmark for trillions of financial contracts and household loans, Britain’s Serious Fraud Office... Read more
3d
Newsmax
SWIFT: Cyber Fraud Incidents Go Beyond Bangladeshi Bank Hackto the SWIFT network," the network stated in a notice. The messaging services
SWIFT: Cyber Fraud Incidents Go Beyond Bangladeshi Bank Hack
Newsmax / Posted 3 days ago
to the SWIFT network," the network stated in a notice. The messaging services of SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, enable secure, seamless, and automated financial communication between users in more... Read more
52 related stories
3d
The Economic Times
Rupee firms up for 2nd day; up 8 paise to 66.44yesterday, as per provisional data released by the stock exchanges. The rupee
Rupee firms up for 2nd day; up 8 paise to 66.44
The Economic Times / Posted 3 days ago
yesterday, as per provisional data released by the stock exchanges. The rupee resumed steady at 66.52 per dollar at the Interbank Foreign Exchange (Forex) market, but dropped to 66.5950 on month-end dollar demand from importers. However, it... Read more
22 related stories
3d
The Hindu
Rupee firms up for 2nd day; up 8 paise to 66.44on Tuesday as per provisional data released by the stock exchanges. The rupee
Rupee firms up for 2nd day; up 8 paise to 66.44
The Hindu / Posted 3 days ago
on Tuesday as per provisional data released by the stock exchanges. The rupee resumed steady at 66.52 per dollar at the Interbank Foreign Exchange (Forex) market, but dropped to 66.5950 on month-end dollar demand from importers. However, it... Read more
22 related stories
3d
Finance Asia
PSBC mulls Hong Kong IPO optionsSavings Bank has a special purpose in China, collecting deposits from small hou
PSBC mulls Hong Kong IPO options
Finance Asia / Posted 3 days ago
Savings Bank has a special purpose in China, collecting deposits from small households and putting them to in the interbank market, and being a liquidity provider in the financial system,” said Cai who is now at private equity firm... Read more
20 related stories
3d
Rappler
SWIFT financial network warns of fraudulent messagesMANILA, Philippines – The Society for Worldwide Interbank Financial Telecommuni
SWIFT financial network warns of fraudulent messages
Rappler / Posted 3 days ago
MANILA, Philippines – The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global financial messaging network, warned its customers Monday, April 25, that it knew of "a number of recent cyber incidents" in which attackers sent... Read more
52 related stories
3d
Business Standard India
Broader markets outperform in a flat market; BSE Smallcap index up 0.4%a surprise draw in US crude stockpiles. Rupee weakened by 6 paise to 66.58 aga
Broader markets outperform in a flat market; BSE Smallcap index up 0.4%
Business Standard India / Posted 3 days ago
a surprise draw in US crude stockpiles. Rupee weakened by 6 paise to 66.58 against the dollar in early trade at the Interbank Foreign Exchange market largely due to month-end demand for the US currency from importers. Besides, foreign... Read more
3d
The Financial Express
Indian Rupee weakens 6 paise to 66.58 against US dollarlimited the fall, they added. (Reuters) Indian Rupee weakened by 6 paise to 66
Indian Rupee weakens 6 paise to 66.58 against US dollar
The Financial Express / Posted 3 days ago
limited the fall, they added. (Reuters) Indian Rupee weakened by 6 paise to 66.58 against the dollar in early trade at the Interbank Foreign Exchange market largely due to month-end demand for the US currency from importers. The month-end demand... Read more
22 related stories
3d
Scoop.co.nz
Australia And the South China Seajoined in a rare show of defiance to the US); bilateral trading in national cur
Australia And the South China Sea
Scoop.co.nz / Posted 3 days ago
joined in a rare show of defiance to the US); bilateral trading in national currencies in lieu of the US dollar; an interbank credit system (CIPS) outside the western controlled system; and the development of alternative financial aid... Read more
3d
The Hindu
Rupee weakens 6 paise against US dollarequity market mainly weighed on the rupee. Rupee weakened by 6 paise to 66.58
Rupee weakens 6 paise against US dollar
The Hindu / Posted 3 days ago
equity market mainly weighed on the rupee. Rupee weakened by 6 paise to 66.58 against the dollar in early trade at the Interbank Foreign Exchange market largely due to month-end demand for the U.S. currency from importers. The month-end demand... Read more
22 related stories
3d
New Kerala
Chinese yuan strengthens - newkerala.com #54916parity rate each trading day, Xinhua news agency reported. The central parity
Chinese yuan strengthens - newkerala.com #54916
New Kerala / Posted 3 days ago
parity rate each trading day, Xinhua news agency reported. The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each busi... Read more
3 related stories
3d
Computer World Australia
SWIFT banking network warns customers of cyberfraud casesincidents in which criminals sent fraudulent messages through its system. The
SWIFT banking network warns customers of cyberfraud cases
Computer World Australia / Posted 3 days ago
incidents in which criminals sent fraudulent messages through its system. The warning from SWIFT (Society for Worldwide Interbank Financial Telecommunication) suggests that a February attack on the Bangladesh Bank, in which thieves got away with... Read more
52 related stories
3d
Investopedia
SWIFT Admits Hackers Sent Fraudulent Messagesaccount at the New York Federal Reserve widened further in scope this morning,
SWIFT Admits Hackers Sent Fraudulent Messages
Investopedia / Posted 3 days ago
account at the New York Federal Reserve widened further in scope this morning, when officials at the Society for Worldwide Interbank Financial Telecommunication or SWIFT, the exchange network used to transfer cash between banks in different... Read more
52 related stories
4d
Inquirier.net
Trillanes: Duterte didn’t declare P211M in SALNP16,852,832.94, P16,852,782.94 and four P20-million transactions. The funds we
Trillanes: Duterte didn’t declare P211M in SALN
Inquirier.net / Posted 4 days ago
P16,852,832.94, P16,852,782.94 and four P20-million transactions. The funds were remitted to the BPI account through interbank transfers. Records also showed that on April 1, 2014, Sara paid cash for a P20-million life with investment... Read more
2 related stories
4d
SiliconANGLE
Hackers stole $81m from Bangladesh Bank by exploiting SWIFT softwarehad no firewall and were using a second-hand $10 network, they managed to hack
Hackers stole $81m from Bangladesh Bank by exploiting SWIFT software
SiliconANGLE / Posted 4 days ago
had no firewall and were using a second-hand $10 network, they managed to hack the software of the Society for Worldwide Interbank Financial Telecommunication, more commonly known as SWIFT. Alliance reads and writes SWIFT messages to files on... Read more
52 related stories
4d
CNET
Security breach threatens more than 11,000 financial institutionsthat an $81 million cyber theft from Bangladesh's central bank isn't an isolate
Security breach threatens more than 11,000 financial institutions
CNET / Posted 4 days ago
that an $81 million cyber theft from Bangladesh's central bank isn't an isolated incident. SWIFT, the Society of Worldwide Interbank Financial Telecommunications, said in a notice seen by Reuters that the attack could be "malicious insiders or... Read more
52 related stories
4d
Business Insurance
SWIFT network says aware of multiple cyber fraud incidentsundisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice.
SWIFT network says aware of multiple cyber fraud incidents
Business Insurance / Posted 4 days ago
undisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Also on Monday, SWIFT... Read more
52 related stories
4d
CNET
Security breach threatens more than 11,000 financial institutionsmillion cyber theft from the Bangladesh central bank is not an isolated inciden
Security breach threatens more than 11,000 financial institutions
CNET / Posted 4 days ago
million cyber theft from the Bangladesh central bank is not an isolated incident. SWIFT stands for the Society of Worldwide Interbank Financial Telecommunications and promises banks around the world a means of secure messaging. It's a cooperative... Read more
52 related stories
4d
The Economic Times
Rupee breaks losing run, gains 10 paise to 66.52 vs dollarby the stock exchanges. The rupee resumed lower at 66.72 per dollar against th
Rupee breaks losing run, gains 10 paise to 66.52 vs dollar
The Economic Times / Posted 4 days ago
by the stock exchanges. The rupee resumed lower at 66.72 per dollar against the yesterday's closing of 66.62 at the Interbank Foreign Exchange (Forex) market and dropped further to 66.8475 on initial month-end dollar demand from... Read more
22 related stories
4d
The Hindu
Rupee breaks losing run, gains 10 paise to 66.52 vs USDby the stock exchanges. The rupee resumed lower at 66.72 per dollar against th
Rupee breaks losing run, gains 10 paise to 66.52 vs USD
The Hindu / Posted 4 days ago
by the stock exchanges. The rupee resumed lower at 66.72 per dollar against the yesterday’s closing of 66.62 at the Interbank Foreign Exchange (Forex) market and dropped further to 66.8475 on initial month-end dollar demand from... Read more
22 related stories
4d
Newsmax
SWIFT Network Aware of Multiple Cyber Fraud Incidentsundisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice.
SWIFT Network Aware of Multiple Cyber Fraud Incidents
Newsmax / Posted 4 days ago
undisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Also on Monday, SWIFT... Read more
52 related stories
4d
Zero Hedge
Cyber Fraud At SWIFT – $81 Million Stolen From Central Bankvictims or disclose the value of any losses from the previously undisclosed att
Cyber Fraud At SWIFT – $81 Million Stolen From Central Bank
Zero Hedge / Posted 4 days ago
victims or disclose the value of any losses from the previously undisclosed attacks. Swift, or the Society for Worldwide Interbank Financial Telecommunication, is a co-operative owned by 3,000 financial institutions. Also, Swift released a... Read more
52 related stories
4d
techcentral.ie
Bangladesh bank cyber-heist hackers used custom malware to steal $81mboth account balance logs and a printer used to make hard copies of the transfe
Bangladesh bank cyber-heist hackers used custom malware to steal $81m
techcentral.ie / Posted 4 days ago
both account balance logs and a printer used to make hard copies of the transfer orders. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a cooperative owned by 3,000 financial institutions. SWIFT software is... Read more
52 related stories
4d
AllAfrica.com
Central Bank Raises Interest Ratesthe Standing Lending Facility (the interest rate paid by the commercial banks t
Central Bank Raises Interest Rates
AllAfrica.com / Posted 4 days ago
the Standing Lending Facility (the interest rate paid by the commercial banks to the central bank for money borrowed on the Interbank Money Market) will rise immediately by 200 base points, from 10.75 to 12.75 per cent. This rate had been falling... Read more
4d
The Irish Times
Swift warns of cyber fraudvictims or disclose the value of any losses from the previously undisclosed att
Swift warns of cyber fraud
The Irish Times / Posted 4 days ago
victims or disclose the value of any losses from the previously undisclosed attacks. Swift, or the Society for Worldwide Interbank Financial Telecommunication, is a co-operative owned by 3,000 financial institutions. Also, Swift released a... Read more
52 related stories
4d
The Economic Times
SWIFT network says aware of multiple cyber fraud incidentsundisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice.
SWIFT network says aware of multiple cyber fraud incidents
The Economic Times / Posted 4 days ago
undisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Also on Monday, SWIFT... Read more
52 related stories
4d
dna
Interbank money transfer firm SWIFT warns 11,000 customers of cyber fraudsthe previously undisclosed attacks. SWIFT confirmed the authenticity of the not
Interbank money transfer firm SWIFT warns 11,000 customers of cyber frauds
dna / Posted 4 days ago
the previously undisclosed attacks. SWIFT confirmed the authenticity of the notice. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Also on Monday, SWIFT... Read more
52 related stories
4d
The Financial Express
Indian rupee down 17 paise to 66.79 against dollar in early tradesaid. (Photo: PTI) Indian rupee weakened by 17 paise to 66.79 against the US d
Indian rupee down 17 paise to 66.79 against dollar in early trade
The Financial Express / Posted 4 days ago
said. (Photo: PTI) Indian rupee weakened by 17 paise to 66.79 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange market on sustained demand for the American currency from banks and importers amid lower domestic... Read more
22 related stories
4d
Bdnews24.com
SWIFT network says aware of multiple cyber fraud incidentsundisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice.
SWIFT network says aware of multiple cyber fraud incidents
Bdnews24.com / Posted 4 days ago
undisclosed attacks. SWIFT confirmed to Reuters the authenticity of the notice. SWIFT, or the Society for Worldwide Interbank Financial Telecommunication, is a cooperative owned by 3,000 financial institutions. Also on Monday, SWIFT... Read more
52 related stories
4d
The Hindu
Rupee down 17 paise against dollar in early tradeThe Rupee weakened by 17 paise to 66.79 against the U.S. dollar in early trade
Rupee down 17 paise against dollar in early trade
The Hindu / Posted 4 days ago
The Rupee weakened by 17 paise to 66.79 against the U.S. dollar in early trade at the Interbank Foreign Exchange market on sustained demand for the American currency from banks and importers amid lower domestic equities. On Monday, the rupee lost 14... Read more
22 related stories
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