Federal Reserve Bank

Bangladesh to sue Manila bank over $81m heist

Bangladesh's central bank will file a lawsuit against a Philippines bank over its role in one of the world's biggest cyber heists two years ago.


Cyber-heist transfers first rejected, then approved

The Federal Reserve Bank of New York blocked requests from a Bangladesh Bank account, but later approved them upon resubmission.

Mar 10, 2016

Hackers studied bank's inner workings

The hackers who breached Bangladesh Bank likely spied on bank workers to gain inside knowledge, say security experts.

Jan 25, 2011

PayPal in Federal Reserve row

In this World Wide Wrap: PayPal in Federal Reserve row, Starbucks eyes mobile payment, and Charge Anywhere turns to Android.

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