Leading mobile financial service provider bKash has once again been ranked as the number one ‘Employer of Choice’ across all sectors for the third consecutive year, according to the results of the ‘Campus Track Survey B-school: 2022’ conducted by NielsenIQ.

The Bangladesh Financial Intelligence Unit (BFIU) yesterday froze 230 accounts of several mobile financial service providers as the accountholders were allegedly involved in hundi.

The users of mobile financial service provider Nagad today said they failed to get access to their Nagad account through the app.

City Bank launched its first-ever Shariah-based savings scheme City Islamic DPS Savings today.

The Bangladesh Bank has once again renewed the interim licence of Nagad as the Bangladesh Post Office (BPO) could not form a subsidiary to run the mobile financial service within the deadline.

Accepting of digital payment through the personal retail account could pave the way for the country’s cottage, micro, small and medium enterprises (CMSMEs) to avail loans from banking channels, experts said today.

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.

The Bangladesh Bank today gave go-ahead to Nagad Finance PLC to form a non-bank financial institution (NBFI).

Transactions through mobile financial services rose by 19.89 per cent year-on-year to Tk 94,293 crore in June.

Nagad has come up with 30 per cent cashback or discount for purchase through the mobile financial service under a special campaign called “Utshob-er Khushi, Nagad-a Beshi” for the Eid-ul-Azha.

The banks, MFS providers and payment service providers will have to find alternative ways to make their payment systems effective in the flood affected districts, including Sylhet, Sunamganj, Moulvibazar, Habiganj, Kishoreganj, Netrokona, Kurigram and Rangpur.

Participating banks will be able to disburse loans of Tk 500 to Tk 50,000 to individual customers with up to 9 per cent interest under the scheme.

Customers can now do unlimited transactions through mobile financial services (MFSs).

Around 54 per cent of the garment workers in Bangladesh were paid through mobile financial services in February and the rest through cash, a research finds.

Leading mobile financial service provider bKash has come up with cashback offers for its customers like the previous years on the occasion of Pahela Baishakh and Eid-ul-Fitr.

Non-bank financial institutions and government entities can now extend mobile financial services (MFS) along with banks, according to a Bangladesh Bank circular released today.

Leading mobile financial service provider Nagad is offering up to 50 per cent discount and cashback offers in February for purchases at various merchant outlets.

Leading mobile financial service provider bKash has won the Best Brand award for the third time in a row that was given depending on the results of a consumer survey conducted by the Bangladesh Brand Forum (BBF).

The government is set to launch the Interoperable Digital Transaction Platform (IDTP) in January next year, allowing people to move funds effortlessly within the financial sector in real-time and at lower costs, said Zunaid Ahmed Palak, state minister for ICT.

Japanese multinational conglomerate SoftBank Group Corporation is going to buy 20 per cent stakes of bKash, one the largest mobile financial service providers in Bangladesh.