Bangladeshi lendtech ShopUp receives $1.62m investment
Automating online credit assessment for MSMEs.
Bangladesh
Bangladesh Bank heist probe report suffers mother of all delays
25 delays to be precise.
EBL launches Bangladesh’s first AI-based banking chatbot
EBL Digital Interactive Agent will communicate with customers via Facebook Messenger.
Earthport expands to Bangladesh to deliver cross-border payments
Earthport, a cross-border payments service provider, has partnered with BRAC Saajan Exchange, the payments arm of BRAC Bank, to deliver cross-border payment services into Bangladesh.
Mastercard, Bank Asia and a2i team for financial inclusion in Bangladesh
Access to Information (a2i, an innovation lab supported by the Bangladeshi government), Bank Asia and Mastercard have signed a tripartite memorandum of understanding (MoU) to facilitate financial inclusion in Bangladesh by making digital payment services accessible countrywide through the Union Digital Centres (UDCs).
Swift warns of second new malware threat
Swift has warned its customers about a newly identified malware found at a “commercial bank”, which it has declined to identify. This latest development follows yesterday’s (12 May) news where Swift rejected the allegations made by Bangladesh Bank and Bangladesh Police’s Criminal Investigation Department (CID) officials about the first cyber fraud scandal in February. Details […]
Swift quick to dismiss Bangladesh’s allegations over cyber fraud scandal
Swift has rejected the allegations made by Bangladesh Bank and Bangladesh Police’s Criminal Investigation Department (CID) officials to Reuters about the cyber fraud scandal in February. A few months ago, hackers stole more than $100 million from the country’s foreign currency reserves. In the ensuing furore, the head of Bangladesh’s central bank, Atiur Rahman, resigned; […]
Bangladesh stock market gets X-stream with Nasdaq OMX
Bangladesh’s Dhaka Stock Exchange is to install a new trading engine from Nasdaq OMX, which it says will help to realise its plans for regional and global expansion.
Islami Bank Bangladesh plans ATM, debit card expansion
Pioneer Islamic bank Islami Bank Bangladesh is planning a rapid expansion of its ATM network, using a platform for its debit cards and ATMs provided by tech firm ElectraCard Services.
Bangladeshi IFIC bank implements Misys core banking tools
Bangladesh’s International Finance Investment and Commerce Bank has chosen a new core banking platform from Misys as it plans to increase its presence in Bangladesh, Pakistan and Nepal.
Sonali Bank Bangladesh adopts Polaris core banking tools
Bangladesh’s Sonali Bank has adopted a core banking system from Indian technology company Polaris, in a move that it says will transform it into the most modern bank in the country.
Start-up Bangladeshi agricultural bank adopts Temenos core platform
New Bangladeshi bank South Bangla Agriculture & Commerce Bank has begun operations using Temenos T24 as its core banking software.
