Bangladesh Bank has given approval to banks and financial service providers in the country to start digital banking services to provide technology-based financial services out of conventional service delivery methods. Digital Bank was approved in the board meeting on Wednesday (14 june). The Communications and Publications Department of the Central …
Read More »Digital Bank in Bangladesh to Use AI Detect Fake Loans
In his budget speech for the fiscal year 2023-24, Finance Minister AHM Mustafa Kamal announced the launch of a digital bank. He said that the bank would be established to expand and accelerate efforts at financial inclusion. A committee of Bangladesh Bank has been working on the establishment of the …
Read More »Bangladesh Bank’s server restored after 7hrs
The Bangladesh Bank’s server has been restored after around seven hours. Muhammad Zakir Hasan, executive director (Maintenance) of Bangladesh Bank, confirmed the matter to The media. Earlier, the server had gone down, disrupting internet banking. The NPSB and payments to government experienced problems since 12 noon due to some technical error. …
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