In recent years, the blockchain technology has inspired widespread enthusiasm as a technology that can revolutionize IT usage in many industries. Potential usage of the technology are numerous and wide-ranging. The technology is specifically useful in the financial and business sectors. Know Your Customer (KYC) and Anti-Money Laundering (AML), crowd
Tag: kona
THE RISE OF CONTACTLESS CHIP CARD
EMV stands for Europay, Mastercard and Visa, the three organizationsthat created the standard for chip card. The standard is now managed by EMVCo, a consortium of financial companies. EMV chip card transactions are becoming old for the financial institutions day by day. Financial institutions are focusing on the next phase of digital
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
‘Leading banks around the world trust us because our products are secure’
‘We are successful because banks around the world can trust our system’
The CEO of Kona I and the chairman of its Bangladeshi arm Kona Software Lab, Cho Jung-il said that Bangladesh has made big strides in digital payment and security software in the past few years and the country still has enormous unexploited potential. Jung-il made the comments While visiting Bangladesh