Mashreq names new head of Business Banking & NEOBiz
DUBAI, 2 hours, 43 minutes ago Mashreq Bank, one of the leading financial institutions in the UAE, has appointed Vikas Thapar as its new Head of Business Banking and NEOBiz- the bank’s exclusive digital banking platform for SMEs. In his role, Thapar will manage the bank’s Business Banking segment and NEOBiz propositions, including defining go-to-market strategy and improving the overall delivery and experience for the business banking customers. As part of his responsibilities, Thapar will closely work with other business segments to capitalize on growth opportunities as well as help drive a strong value proposition through cross sell and strategic partnerships.
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A Dubai resident who lost Dh45,000 that she inherited from her late father has warned others about the dangers of falling victim to online fraudsters.
Timna Sophia, 32, said she was shocked at how convincing and professional the criminals were at extracting personal details from her.
After a lengthy phone call on April 10 with a man claiming to be from Commercial Bank of Dubai, the scammers siphoned two
tranches of cash from her account within minutes.
When I logged into my account, I could see a man had added himself as a beneficiary and withdrew Dh25,000
Timna Sophia
The first sum of Dh25,000 was transferred to another account at the same bank. Moments later Dh20,000, was transferred to a Mashreq Bank account and withdrawn from an ATM