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WHY DATA CENTER BUSINESS IS BOOMING IN BANGLADESH?

With increasing economic and technological transformation in recent times, data has become the foremost essential in developing any business. Cashing on the growing need to store data, Bangladesh is witnessing a boom in data centre business in order to boost the country's data storage capacity. As of now, two data centres

Financial Inclusion and Emergence of FinTech

Technology transformation for existing financial organization will evolve with FinTech in Bangladesh. FinTech will play the key role in terms of technology transformation. FinTech can be characterized as the movement to bring trans-formative and disruptive innovation to financial services through the application of new and emerging technologies which address consumer

MEDIATECH COULD BE THE NEW FINTECH – THIS IS WHY

The mediatech revolution is well underway. It’s in our lounge rooms, bedrooms and on our way to and from work. We’re tuning into Spotify, playing Fortnite and watching Netflix into the wee hours like there’s no tomorrow. The term “mediatech” has been used for over a decade to label startups with

From The Editor January 2019

Dear readers, The beginning of a year always inspires hope; hope of starting afresh and shaking off the old burdens. 2019 promises to open new, even unfathomable opportunities for the fintech sector at home and abroad, because it is a field driven by innovation. We feature a plethora of topics spanning from

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BTRC set to ensure quality of service without delay

The Bangladesh Telecommunication Regulatory Commission (BTRC) is planning to implement soon the provisions kept in the Access Network Operators Quality of Service Regulation 2018. The new regulation was gazetted on November 11. BTRC Chairman Zahrul Haque said the new regulation will help customers get better quality of service. Haque said that there will

Automation and robotics may squeeze Asia’s garments industry

Advances in robotics and process automation aided by emerging technologies like artificial intelligence may negatively impact the ready-made garments industries of the world's largest textile exporters like China, Bangladesh, Vietnam, Cambodia, etc over the next 5 to 10 years. Bangladesh is the second largest garments exporter in the world after China,

IMF bats for digital currency at Singapore Fintech Festival 2018

Christine Lagarde, managing director of the International Monetary Fund (IMF), urged central banks to consider launching digital currencies as she outlined the findings of the international organisation’s new report at the Singapore Fintech Festival 2018. IMF managing director spoke on the changing nature of money, which faced a “historic turning point”.

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