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Society For Worldwide Interbank Financial Telecommunication

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US charges N Korean programmer with WannaCry, other cyberattacks

A computer programmer allegedly working for the North Korean government has been charged in the United States with a series of massive cyberattacks around the world, including the WannaCry......

SBI's digital transactions are as high as 67% now

The country's largest lender State Bank of India has seen a perceptible increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent......

How banking system changed post Nirav Modi scam

'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?' Illustration: Uttam Ghosh/Rediff.com   The Society for Worldwide Interbank......

Aditya Puri's dream for HDFC Bank: Indian Alibaba

'Aditya Puri says the bank is positioning itself as the Indian Alibaba. 'The next wave will see the lender partnering with an array of fintechs globally that can plug into HDFC Bank’s system......

The blind spot on India's biggest banking whodunit

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers’ receipts in 1992.Ketan Parekh......

PNB fraud could have been prevented if only...

Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan. Photograph: Toby Melville/Reuters......

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