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THE BANK OF THE FUTURE

  Assume for a moment that most of the services legacy financial companies provide today could get competed away as innovators extended reach and scale across the landscape of financial products. If so, big financial institutions will look to re-establish a foothold. Their only sure competitive advantage seems to be the regulatory

CHIEF INNOVATION OFFICER DILEMMA – TOUGH TIME TO BE A BANK

Bank Chief Innovation Officers have a tough balancing act on their hands. They have to help the bank be digitally savvy, establish new markets, and capture new revenue streams and at the same time not place burden on existing business that brings current revenue. In this complex, ever changing banking landscape,

Smartcards in Banking Sector

A smart card is a physical electronic authorization device used to control access to a resource. It is known to all that it is basically a plastic card with a chip. The chip contains information. In terms of banking, it contains information like your account details. So to be precise all

Banks show exemplary performance in disbursing agricultural loan

Specialized, state-owned and private commercial banks, including foreign commercial banks operating in the country, have already disbursed 88 per cent agriculture and non-farm rural credit in past 10 months from July to April 2017-18 financial year. The schedule banks have disbursed a total of Tk 17,952.89 crore till April while the

BB ISSUES GUIDELINE FOR ILLITERATE CUSTOMERS

Banks, with their spic and span appearances sometimes daunt customers, especially the illiterate ones. In a bid to make things easier for them, the Bangladesh Bank (BB) in last month has issued a guideline for illiterate customers so that they can easily withdraw cash from banks through cheque. The central bank

DIGITAL PAYMENTS IN BANGLADESH

The Dawn Digitization at service level requires an infrastructural upgrade first. The doorway opened for digital payments in Bangladesh, during 2011-2012 when NPSB (National Payment Switch Bangladesh) and BEFTN (Bangladesh Electronic Fund Transfer Network) were introduced. Even though some might refer to the emergence of ATM and banking card during 90s

‘WE ANTICIPATE EXPONENTIAL GROWTH, WITH ZZTL ACQUIRING INTERNATIONAL CLIENTELE AND REACHING ALL LOCAL BANKS IN THE NEXT 5-YEAR’

ZZTL or Zara Zaman Technology Ltd. has emerged as one of the fastest growing suppliers and service providers for alternative delivery channel for banks. Its strategic partnerships with international suppliers and manufacturers have enabled it to play an important role in the banking sector, particularly through introducing cash recycler machine

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