US Committee Opens Up Investigation of NY Fed after Attempted $1B Heist

[kreslik.news]

A recent heist of more than $81 million from the Central Bank of Bangladesh following a SWIFT security breach has drawn the focus of a US congressional committee, opening up a deeper investigation into the entirety of the payments process. More specifically, the US Federal Reserve Bank of New York is being investigated for its handling of the heist that has already expanded to upwards of twelve banks across several countries, according to a recent CNBC report.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

The ... (read more)