MFS transaction increased in October even after losing 7.7 million customers

In October, person-to-person (P2P) transfers on the MFS platform stood at Tk 16,566.5 crore, accounting for the biggest share of the total...

Banglalink Signs Agreement With Life Insurance Corporation (LIC) Of Bangladesh

Banglalink, one of the leading digital communications service providers in the country, has recently signed an agreement with Life Insurance Corporation (LIC)...

PayWell signed deal with BRAC Bank for multiple digital payment

PayWell, a concern of CloudWell Limited, has signed a partnership agreement with Brac Bank for multiple digital payment and settlement services.

bKash launches anti-money laundering solution – “AML360”

Mobile financial service provider, bKash launched anti-money laundering and combating financing of terrorism (AML&CFT) solution "AML360" to monitor channel partners' real-time transactions...

MFS transactions slump in Aug over last month but grow over last year

Transactions through mobile financial services (MFS) in the country plunged by 34.3 per cent or Tk21,595.6 crore in August after reaching an...

SCB, bKash & Valyou launch country’s first blockchain-based cross-border remittance service

Standard Chartered Bank yesterday launched country's first blockchain-based cross-border remittance service in Bangladesh facilitating instant transfers from Malaysia. The...

Nagad pays Tk1.12cr in service revenue to Post office from income

The mobile financial service Nagad, on Sunday, paid Tk1.12 crore in service revenue to the Postal Department of the Ministry of Posts,...

MFS transactions reach record high in July with Tk62,999 crore in value

Transactions through Mobile financial services hit a record-breaking high of Tk62,999 crore in July as an expanding number of individuals, organizations and...

VAT payment through MFS to start from next month

The National Board of Revenue (NBR) is going to introduce mobile banking services from the subsequent month to make the VAT payment...

Bank Asia and Nagad are in race to launch Digital Banking operation in Bangladesh

Country’s financial sector turns to adapt to the global trend in transactions as at least two financial institutions, Bank Asia and Nagad,...

SCB Bangladesh performs country’s first-ever blockchain transaction for Viyellatex via Contour

Standard Chartered Bank has successfully executed the country’s first blockchain transaction by issuing a Letter of Credit (LC) for readymade garment exporter...

bKash & Uber bring contactless payment option for riders

Uber customers can now pay via contactless transactions as the service have again been enabled amid the ongoing coronavirus pandemic through automatic...

City Bank & bKash launched country’s first instant ‘Digital Loan’

City Bank has launched a collateral-free Digital Loan, whereby users can request and receive loans of up to Taka 10,000 instantly through...

D Money signs deal with LankaBangla Finance on digital payment collection

D Money Bangladesh Limited and LankaBangla Finance Limited recently signed an agreement for digital payment collection. Under the agreement, D Money users...

City Bank partners with PrimaDollar to launch fintech based export factoring solution

City Bank has signed a Memorandum of Understanding (MoU) with UK-based PrimaDollar to facilitate the exporters of the bank involved in foreign...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...