Japanese owners rename Taiwan's Taoyuan baseball team Rakuten Monkeys

Japanese e-commerce giant Rakuten on Tuesday announced "Rakuten Monkeys" as the new name of the Lamigo Monkeys, a Taiwanese professional baseball team, three months after acquiring the Taoyu...

2 Russians charged in multimillion-dollar malware scheme

WASHINGTON (AP) — The Justice Department unsealed charges Thursday against two Russian men in what authorities say was one of the worst computer hacking and bank fraud schemes of the past decade. ...

ATMs in Taiwan to go smart in age of digital banking

TAIPEI (Taiwan News) — Taiwan will continue to promote cashless payments while working to upgrade the country’s ATMs in the era of digital banking, said its financial regulator on Tuesday ...

Taiwan Central Bank Chairman discusses risks posed by global economy

TAIPEI (Taiwan News) – Taiwan's Central Bank Chairman Yang Chin-long (楊金龍) gave a speech at the "Financial and Economy Forecast Seminar" at National Taiwan University on Friday (Oc...

Taiwan approves three online banks

TAIPEI (Taiwan News) – The Financial Supervisory Commission (FSC) on Tuesday (July 30) unexpectedly approved all three applications it had received for Web-only banks. Previously, the governm...

Huge international cybercrime ring dismantled

A complex cybercrime network that operated from Eastern Europe and fleeced victims — including small businesses and charities — of some $100 million has been "dismantled" by poli...

Huge international cybercrime ring dismantled

A complex cybercrime network that operated from Eastern Europe and fleeced victims — including small businesses and charities — of some $100 million has been "dismantled" by poli...

UniCredit profits up 25 percent, best 1Q in a decade

MILAN (AP) — Italy's largest bank by assets, UniCredit, posted its best quarter in a decade, with a 25% boost in first-quarter profits as the bank pushes ahead with a reorganization plan that includes...

Swiss charge woman who sweet-talked her way to $2M bank scam

GENEVA (AP) — Swiss authorities say they have indicted a woman who convinced dozens of people to hand over their online banking details over the phone from the Netherlands. Federal p...

CTBC Bank ATM crash in Taiwan cleared of hacking and malware infections

TAIPEI (Taiwan News) – The culprit behind the system crash across the CTBC Bank’s (中國信託商銀) ATMs and online banking platforms on the afternoon of Oct. 18 has been identified as a system abn...

CTBC Bank ATM system crashes due to system error

TAIPEI (Taiwan News) – CTBC Bank’s (中國信託商業銀行) ATM system crashed on the afternoon of Oct. 18, causing disruption to payments, online banking, and lottery ticket sales, reported CNA. CTB...

Virtual banking poised to rock Hong Kong banking market

TAIPEI (Taiwan News) – The arrival of virtual banking is set to rattle the traditional banking market in Hong Kong as the first batch of licenses are expected to be issued by the end of this yea...

Russian accused of massive data theft extradited to US

NEW YORK (AP) — A Russian hacker accused of helping pull off the biggest theft yet of consumer data from a U.S. financial institution has been extradited to the United States to face charges, federal ...

ATMs across Taiwan crash due to 'mainframe error'

Automatic teller machines (ATMs) around Taiwan crashed Saturday morning and were down for two hours, crippling inter-bank transactions, the government-sponsored Financial Information Service Co. (FISC...

LINE Corporation establishes Taiwan financial services division

TAIPEI (Taiwan News) – Software company LINE Corporation, who are best-known for the free communications app announced on July 25 the establishment of a new holding company, LINE Financial, as a...