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Tag: financial services

From Fake Bank Calls to Hacked Apps: Why Canadians Are Losing Billions to Fraud

Lead_Story Wasana Nadeeshani -
Commonwealth_ Canadians are seeing a runaway surge in fraud, with losses totaling $638 million in 2024, nearly twice the...

Bahrain’s Secret Sauce: Ditching Oil and Winning Big

Mena Asanga Divulweva -
Alright, let’s ditch the suit and tie and just talk like normal people for a second. Bahrain’s economy? Man,...

Australia’s Banks Are Embracing AI – But Are They Ready for the Challenges Ahead?

Commonwealth Science & Tech Piumi Fernando -
The Australian Prudential Regulation Authority (APRA) has expressed greater openness toward banks leveraging artificial intelligence (AI), provided robust regulations...

How Snowflake is Redefining Data with AI

Commonwealth Science & Tech Piumi Fernando -
Originally known as a cloud database, Snowflake has rebranded itself as an AI-powered data cloud, enabling businesses to integrate...

Will East Meet West? HSBC’s Restructuring Raises Eyebrows as Profits Jump

Commonwealth Business Suraj Atapattu -
UK (Commonwealth) _ As the UK-based banking behemoth begins one of the largest upheavals in its 159-year existence, HSBC...

First Ally Capital counsels  Access Holdings on M&A Transactions

CWEIC Suraj Atapattu -
Nigeria (Commonwealth) _ First Ally Capital, one of the top professional financial services companies in Nigeria and the latest...
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Cyber fraud attacks increased in…       

Canada and Caribbean Hafsah Zuhar -
According to a new report, financial services industry in Canada is at elevated risk of being targeted by cyber-attacks....

The Mauritius government is questioning investment managers over costs.

Africa Mayondi Maralande -
The Financial Services Commission (FSC) of Mauritius, the regulatory body responsible for overseeing the country's financial services sector, has...

Nigerian financial services group named African Bank of the Year

Commonwealth Business Veronica Elishya -
LAGOS (CU)_For many years now, the Banker Magazine has been used by high level decision makers across the glove...

Singapore as wealth management hub

Editorial Michael Alfonsia -
The decision on the part of the Citi to hire 1,500 employees in Singapore, further reaffirms Singapore’s preeminent position...

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