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Digital payment and fintech companies at BASIS SoftExpo showcase the expanding landscape of fintech in Bangladesh

Once only a dream, in 2020 you can trade stocks, manage insurance and have your food delivered using fintech, among a number of other things and often from a handheld device. Bangladesh has a huge market for fintech, as leading market studies repeatedly found. This led to the emergence of

Coronavirus outbreak impacts business in Bangladesh

The economy of Bangladesh is likely to experience a shock in the coming days as its biggest trading partner China suffers from a deadly coronavirus outbreak. The disease, which has spread to 27 countries, has killed more than 300 people so far. Experts said if the situation lingers any longer, it

IT outsourcing touches billion dollar mark for the first time

The earning from outsourcing Information Technology enabled services (ITES) jobs has touched the $1 billion mark in the last 12 months for the first time in the country’s history, sources in the Bangladesh Association for Software and Information Services (BASIS) said. In last year, the earning was 800 million US dollar

Key takeaways from SFF-the world’s largest Fintech festival

How can the power of finance and technology be harnessed to create a greener world and, in particular, a greener financial system, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), asked a packed house during the Singapore Fintech Festival’s opening ceremony. “Fintech must have a larger purpose,

The Enigma of Bangladesh’s Economic Success

Bangladesh has been marred by tragedy including: the 1971 Liberation War, poverty, natural disasters—and now—one of the world's largest refugee crises after receiving an influx of 750,000 Rohingya Muslims who fled persecution in neighboring Myanmar. However, with remarkably little international attention, Bangladesh has also become one of the world's economic success

WHAT IS STOPPING INTEROPERABILITY AMONG THE MFS?

When it comes to interoperability, MFSs still have a long way to go. Currently, they cannot ‘talk’ to one another and customers on one network cannot pay people using another network. Being a relatively nascent market hasn’t prevented the mobile financial service (MFS) industry from making great advancements in recent years.

CHALLENGES ON IT LEADERSHIP

IT and business are becoming more closely integrated. IT should have effective value measurements with effective strategic, tactical and operational governance processes that clearly demonstrate its contribution to the business. Effective collaboration with business partners within the organization can make an impact on the predominant business. It is hard to see how an

RegTech – The Big New Frontier

FinTech in financial sector given rise to a range of new business models, applications, processes and products providing financial services by making use of software and modern technology. Therefore, RegTech (Regulatory Technology) is the term getting very popular in FinTech industry means to use technologies facilitate regulatory compliance. RegTech aims

Huawei Launches New Distributed Operating System, HarmonyOS

Huawei launched HarmonyOS – a new microkernel-based, distributed operating system designed to deliver a cohesive user experience across all devices and scenarios. The launch event took place At the Huawei Developer Conference held last month, a press release said. Richard Yu, CEO of Huawei's Consumer Business Group, explained the company's thoughts

21ST CENTURY SKILLS FOR UNIVERSITY GRADUATES IN A GLOBAL CONTEXT

  In the era of fourth industrial revolution, universities - across the globe - are becoming more concerned with employability and offering life skills/soft skills that employers value much. Accordingly, they are designing education systems around the norms of the industrial society. Today’s educators think that future needs to be more

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