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Interoperability across all financial systems this year

The government has taken an initiative to make all accounts of banks, mobile financial services and payment system providers interoperable this year, a development that will allow people to move funds effortlessly within the financial sector on real-time and at lower costs. The new system — Interoperable Digital Transaction Platform (IDTP) — will be set… Continue reading Interoperability across all financial systems this year

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BB signs MoU with ICT Division

The ICT Division and Bangladesh Bank (BB) signed a Memorandum of Understanding (MoU) on Monday, aiming to implement an ‘Interoperable Digital Transaction Platform (IDTP)’ in order to accelerate FinTech and digital financial inclusion. Md Mezbaul Haque, General Manager of the Payment Systems Division of BB, and Syed Mojibul Huq, Additional Secretary and Director of iDEA… Continue reading BB signs MoU with ICT Division

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