The 34-year-old clerk, working at a mall in Koto City, near Tokyo allegedly memorised the 16-digit credit card number, security code and expiry date of customers and used it to make purchases online.
The Reserve Bank of India (RBI) clarified that those transactions which fail on account of technical and other specified reasons shall not be included in the ‘five free monthly ATM transactions’.
Mexico’s central bank (CB) has hinted that further monetary policy easing could be on the way. The bank cut its key lending rate on Thursday for the first time since June 2014, citing slowing inflation and increasing slack in the economy.
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States.
HSBC ousted John Flint as chief executive after just 18 months in a shock move the chairman of Europe’s biggest bank said was needed to speed up progress on priority areas such as the turnaround of its US business.
Ajman University (AU) and Noor Bank, as part of their social responsibility towards indigent students, and in a bid to promote Islamic banking and finance industry, have launched the first of its kind waqf (endowment) initiative in the UAE with a capital base of Dhs3.2 million.
Thailand’s central bank (CB) unexpectedly cut its benchmark interest rate, expressing worry about strength of the baht and aiming to help support faltering growth.
In a bid to shield India from the headwinds emanating from the ongoing general economic slowdown, the Central government has asked Public Sector Banks (PSB) to recommend ways to prop up growth.
Abu Dhabi Islamic Bank in the UK (ADIB UK), has provided financing for the Bank of London and the Middle East (BLME), to acquire a Dhs120 million (GBP26.95 million) Grade A office building in Edinburgh,