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Tokenization and how it secures the digital mobile payments

Wahid Ahmed Choudhury The payment industry saw more innovations and changes in last few years compared to all other ones combined over the decade before that. Digital payment is quite a convincing way of tapping into the potential customer segment. With rise of the digital wallets, newer channels for issuance and

The Rise and Rise of Blockchain

Muhammad Nur Yanhaona, Ph.D Since the genesis of Bitcoin that ushered it, the blockchain technology has attracted widespread enthusiasm in the technology community for its revolutionary approach to decentralization of trust and security of information management. The blockchain technology has shown—for the first time—that it is possible to manage a

Digital Security 101

The evolution and innovation of digital technology along with the rising trend of mobile devices in recent years back dropped the growing need of information security and dramatic change in data management pattern. Security is one of the predominant factors in all sectors of communication. The way we communicate regardless

In Pursuance of State of the Art Technologies to Enrich Life

Kona Software Lab Ltd is the 2nd largest R&D center and global business solution wings of KONA I. It manufactures smart card, develops various state-of-the-art payment and security solutions for global & local partners & clients. Kona Software Lab Ltd is relentlessly working to further improve its product and solutions. In

Evolution of cards in Bangladesh market

The usage of cards has been gradually increasing in Bangladesh for last couple of years. We see regular usage of cards including but not limited to NID verification, Banking and what not. It can be easily forecast that the usage of cards will be increased much more in coming days


According to the latest gazette published on 30th May 2019, Tariff rate of Banking Cards have significantly been increased. There are three types of Banking Cards are prevailing in Bangladesh at this moment i.e. Magnetic Stripe Card, EMV Chip Card, Dual Interface Card. As per this latest gazette the tariff