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Tuesday , October 3 2023


Coming National Debit Card, Launched in November

Bangladesh Bank took the initiative to launch ‘National Debit Card’ in July this year. Basically, this initiative has been taken to reduce dependence on foreign card companies and save dollars. Bangladesh Bank Executive Director and Spokesperson Mejbaul Haque said that this card will be officially launched in November. ALSO READ: …

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Cybersecurity Risks in Digital Banks of Bangladesh

Bangladesh, a nation known for its potential and resilience, has recently embarked on an exciting journey into the digital age with its Digital Bank initiative. By integrating modern technology into the financial sector, Bangladesh is committed to embracing innovative solutions that foster economic growth. This Digital Bank initiative is particularly …

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Those who applied for digital bank licences?

It is known that a consortium of 10 banks named ‘Digi Ten Plc’ has announced investment in Digital Bank. These 10 banks have reported an investment of Tk 127 crore 78 lakh. This alliance includes City Bank, Eastern Bank, Mercantile Bank, Midland Bank, Mutual Trust Bank, NCC Bank, Prime Bank, …

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52 companies apply for licences for digital bank

A whopping 52 companies, both domestic and foreign, have submitted applications for licensed digital banking establishments. The following entities are part of this list: commercial banks, mobile financial services (MFS), ride-sharing platforms, food delivery companies, IT service providers, pharmaceutical companies, and both domestic and multinational corporations. ALSO READ: Major vulnerabilities …

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Banglalink, VEON apply for digital banking licence

Banglalink, the third-largest telecom operator in Bangladesh, has recently applied for a digital banking license along with its parent company, VEON Ltd. ALSO READ: Dutch-Bangla Bank to invest in digital bank The group aims to expedite Banglalink’s entry into the fintech industry by obtaining a digital banking license. Banglalink announced …

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