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 …
Read More »EBL Introduces Cutting-Edge Wearable Payment Solutions in Bangladesh
In an exciting partnership with Mastercard and Visa, Eastern Bank Limited (EBL) has introduced Bangladesh’s very first range of wearable payment devices, proudly named ‘WEAREBL’. The devices were officially announced on Monday and the bank proudly declared them as the “first of its kind” in the country. The bank has …
Read More »Bangladeshi Rumman Chowdhury in TIME’s Top 100 in AI
Bangladeshi-born Bengali American data scientist, Dr. Rumman Chowdhury, has earned a well-deserved spot on the esteemed TIME 100 AI list. This incredible accolade acknowledges her remarkable impact in the world of Artificial Intelligence (AI). Dr. Chowdhury is a prominent figure in the field of applied algorithmic ethics. By combining data …
Read More »Hacker group again threat attack Bangladesh 19 September: CIRT Alert
The Indian Cyber Force (ICF) hackers group again threat they are going to attack Bangladesh coming 19 September for the 2nd time. Prior to that, they attack Bangladeshi infrastructure on 15 August and according the calculation provided by the BGD e-Gov CIRT on that day more than 10 websites were …
Read More »Final approval of the Cyber Security Act in the Cabinet in Bangladesh
The Cabinet has given final approval to the Cyber Security Act. Law Minister Anisul Haque said that the approval was given on Monday (August 28). He said that the final approval of the Cyber Security Act has been given by making special changes in some sections besides further reducing the …
Read More »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, …
Read More »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 …
Read More »Major vulnerabilities discovered in data center solutions
Two widely used data center solutions, CyberPower’s PowerPanel Enterprise Data Center Infrastructure Management (DCIM) platform and Dataprobe’s iBoot Power Distribution Unit (PDU), have been found to have significant security vulnerabilities by researchers. By exploiting these vulnerabilities consecutively, an attacker could obtain complete control over these systems, giving them the ability …
Read More »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 …
Read More ȣ170,000 of Sonali Bank in Myanmar banks frozen after US sanctions
The managing director of Sonali Bank Afzal Karim revealed that Sonali Bank’s £170,000 has been frozen in accounts held by two Myanmar banks due to the imposed US sanctions. The US also asked the Sonali Bank to halt transactions with the Myanmar Foreign Trade Bank and Myanmar Investment and Commercial …
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