The G20 ministers for the digital economy met in India and proposed a Framework for Systems of Digital Public Infrastructure (DPI). The Framework comprises three elements: Interoperable and reusable digital systems and applications, such as software codes, protocols, and standards, have revolutionized technology by offering versatility and adaptability across various …

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, …

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 …