THE BANK OF THE FUTURE

Top Story

by Fintech Desk - July 11, 2020July 21, 2020

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

Banks questions about doing digital transformation

by Fintech Desk - May 21, 2020May 21, 2020

Chris Skinner I did a presentation to a conference via video link the other day. Slido allowed audience members to ask questions through the presentation, and the list of questions at the end was quite extensive. I didn’t get time to answer all of them, but here’s a selection. The most

CHIEF INNOVATION OFFICER DILEMMA – TOUGH TIME TO BE A BANK

Tech Talk

by Guest Writer - May 14, 2019

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

Tech Talk

by Anonno Razzak - February 12, 2019

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

We are not just the leading CBS provider, we are also ahead as ICT solution provider

Interview

by Anonno Razzak - October 8, 2018November 1, 2018

LEADS is a leading ICT Solution Provider in Bangladeshthat started its operation in the 90s and became one of the pioneer local solution providers of Core Banking System to banks as well as for non-banking financial institutions. Fintech spoke to the company’s CTO and CFO Masud Parvez FCA. Here is

We want to build trust in customers by providing bill payment services, even though that is not a big profit making area

Leadership

by Saqib Sarker - September 16, 2018November 1, 2018

Chosen to serve the organization at a critical juncture Tamal Parvez became the chairman of NRB Commercial Bank last year. At the bank’s corporate head office in Motijheel, where Mr Parvez met with Fintech for this interview, he seemed more intricately involved in the day-to-day activities of the bank than

Banks show exemplary performance in disbursing agricultural loan

Other

by Anonno Razzak - June 30, 2018

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

Forensic

by Fintech Desk - June 27, 2018June 27, 2018

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

Tech Talk

by Guest Writer - April 15, 2018

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’

Interview

by Saqib Sarker - March 10, 2018March 20, 2018

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