Tag: Cayman Islands Automated Clearing House
Local banks’ clearing house reveals hack
(CNS): ACH (Cayman) Limited (ACH), which was created by the local high street banks, has been hacked, according to officials from the Cayman Islands Bankers Association, who said malware was detected on the Cayman server. A statement released by CIBA said they were alerted to the appearance of malware in the third party processor on […]
Faster local cheque clearing ‘soon come’
(CNS): Three years after the six local high-street banks entered into an arrangement to make moving money between them quicker and easier, the next phase in the project, which will enable faster cheque clearance, will be completed before the end of the year. In the past a cheque cut on an account from one bank […]
