- Anonno Razzak People of today’s world by dint of smarter technology are getting very cozy in their way of life. Most of the young people can’t stay themselves off from the digital hoopla that is taking around. In the context of monetization, transaction and banking mobile wallets are gaining its
Month: May 2017
‘Banking Atlas’ Finds Better Access To And Use Of Formal Banking Services
The access to and use of formal banking services in Bangladesh have improved substantially at the sub-district (upazila) level between the 2010 and 2015 calendar years, according to a recent study report titled ‘Banking Atlas’, published by the General Economics Division (GED) of the Planning Commission. Member of the GED (senior
Lack Of Trust Stands In The Way Of Online Shopping: Survey
A new global survey reveals that Internet users are increasingly concerned about their online privacy, and that 49 percent of users polled say lack of trust is the main reason why they do not shop online. The survey, conducted by Ipsos and the Centre for International Governance Innovation (CIGI), in collaboration
An Assessment of Data Center and Disaster Recovery Management in Banks
In centralized online banking system, a bank has a Data Center (DC) that stores and provides information of a bank necessary to run the business. A data center is a facility used to house computer systems and associated components, such as telecommunications and storage systems. It generally includes redundant or
Three Mistakes Commonly Made by Any Fintech Startups
It’s not an easy task to generalize mistakes or to analyze it through a linear platform. Mistakes can happen at any instance, under any circumstance and can have forms of infinite variance. Researches however always delve into the daunting task of modeling mistakes so that the risk factor in any business
STARTUP STRUGGLES
The people who gathered at the grand ballroom of Dhaka’s Radisson hotel on a sunny morning of March 18, 2016 had a nomenclature of their own. A common person could have easily felt alienated as words like ‘VC’ (venture capitalist), ‘Fin Tech’ (Financial Technology), ‘B2B’ (Business to Business), and ‘Accelerator’ (a
Lack Of Data And Statistics Makes Appropriate Evaluation Of A Business Entity A Daunting Task’
Mr. SM Mahbubul Karim did his Masters Degree (MSS) in Public Administration from the University of Dhaka in the year 1985. He has started his insurance career with United Insurance co, Ltd. in 1986. He worked there till 2000 and held the responsibility of Re-insurance and Specialized Underwriting as the
The Challenges Ahead
Fintech startup companies are fast-growing financial technology firms embracing the new opportunities offered by technology and enjoying the profits from them. However, as large as the fintech opportunities are, they are also complex and have many pitfalls for even the most experienced entrepreneur. So considering the challenges comes first in
Ebl Doesn’t Consider Consumer Banking As The Step Brother Of Corporate Banking
Use Fintech Instead Of Standing In Line
At a Tedx event in Basel, Switzerland in August last year, Daniel Drummer, the lanky fintech guru explained the beauty of money. In front of an enthralled audience, Drummer explained why money-the most coveted yet a drab object to be discussed about-is actually a fascinating subject. Drummer said that a global revolution
