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
Tag: Kona SL
‘e-KYC revolutionizes the way of onboarding the financial service takers’
Security in Fintech—Protecting the ecosystem to ensure economic excellence
Minaoar Hossain Tanzil Following global economic trend and prospect, our promising FinTech industry in Bangladesh is going through a major transformation. It is revolutionizing the delivery of financial services in more innovative ways as opposed to the traditional methods in practice. However, as fast as it is evolving to shape
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
Insight into the Chip-based Payment Card and Terminal Certification—an integral part of the journey to Secured EMV
By Abdullah Al-Shamim Issuance of the very first bank card in Bangladesh dates to more than two decades ago. It was a magnetic stripe card. Despite its characteristic of having comparatively lower security, the magnetic stripe cards prevailed for a significant period. Then came chip cards along the path of evolution
Evolution of cards in Bangladesh market
PRICE JUMP OF BANKING CARDS
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
KONA SOFTWARE WORKS AS REGIONAL RESELLER OF UNDERWRITERS LABORATORIES (UL)
Kona software lab ltd. which is the Dhaka office of Korean smart card manufacturer KONA I working for last several years as regional reseller of Underwriters Laboratories (UL) testing tools and services. UL is a global safety and security certification company headquartered in Illinois, USA and as of now it
KONA : YOUR DESTINATION FOR BANK’S SMART CARD
Kona software lab ltd. which is the Dhaka office of Korean smart card manufacturer KONA I is working relentlessly spread the smart card in Bangladesh. Smart card is secured product as it uses cryptography and other related security features. Financial Institutions require certifications from payment brands like MasterCard, VISA etc. to
Digital Financial Service is Gaining Momentum in Bangladesh
Kona recently announced that it signed a contract of KonaCard platform with TWTL (Third Wave Technologies Limited), a telecommunication technology developer in Bangladesh in presence of Mr. Sushanto Kumar Mondal, Director General of Bangladesh Post Office. TWTL is the digital financial services operator for the Bangladesh Post Office, which plans