Bangladesh has entered the superhighway of digital transformation with its financial sector gaining momentum in recent years. The banking sector is considered to be the backbone of the financial system in most economies, and it plays a critical role in achieving economic growth and expansion. The development of the banking
Tag: Digital banking
Govt keen to expand digital banking
The government is optimistic about expanding digital banking in the country to accelerate financial inclusion with an aim to create more jobs for young jobseekers. According to an official document seen by UNB, the government has stepped in to examine the possibility of "establishing digital banks." It says if digital banking, which
FSIBL wins digital banking award
First Security Islami Bank Ltd. FSIBL) has won the ‘Global Brands Digital Banking Award-2022’ in recognition of its outstanding contribution to promoting the digital banking in the country. Mustafa Jabbar, Minister for Posts , Telecommunications and Information Technology, handed over the award to Syed Waseque Md Ali, Managing Director, FSIBL
Digital Banking: Technology in financial services
One hundred and fifty-four years ago, when transatlantic cable was successfully installed, it was basically the beginning of financial technology (fintech). From 1800 to 1913, it was known as Fintech 1.0. The ATM machine was installed at Barclays Bank in England in 1986, a period known as the FinTech 2.0
Mercantile Bank launches digital banking platform ‘MBL Rainbow’
Mercantile Bank Limited launched Digital Banking Service ‘MBL Rainbow’ recently to ensure fast, safe and convenient banking without physical presence, said a press release on Monday. Customers can download the App from ‘Google’ or ‘Apple’ Play Store by using a smart phone and open bank account and enjoy anytime & anywhere
MBL celebrates 22nd anniversary
Mercantile Bank Limited celebrated its 22nd anniversary on Wednesday while officially launching 'MBL Rainbow' a mobile app-based banking service of the bank, a press release said. Customer can download the app from Google Play Store and Apple Store and they can enjoy required banking services from anywhere they wish using this