Over 3cr SIMS not re-registered: Tarana

Tarana Halim, state minister for post and telecommunication, says 3.30 crore SIMs (subscriber identity module) are yet to be re-registered although the deadline expires Tuesday.
29 May 2016

Regulator blames bKash for mobile money theft

The recent mobile money theft in Chittagong would not have been possible unless some bKash officials had been involved, the telecom regulator alleged yesterday.
25 May 2016

SWIFT to unveil new security plan after BB heist

The SWIFT secure messaging service that underpins international banking says it is planning to launch a new security programme as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.
24 May 2016

Bangladesh Bank heist trail goes cold in Manila as probes falter

More than three months have passed since $81 million was stolen in a brazen cyber-heist from Bangladesh's central bank and sent to Manila - yet authorities in the Philippines appear no closer to nabbing those who laundered most of the money through a bank and casinos.
24 May 2016

Cyclone Roanu disrupts telecom services

The cyclone Roanu that hit Bangladesh on Saturday disrupted telecom services in the coastal areas, particularly cellular services, as many of the transmission centres of mobile operators were down due to a power crisis.
23 May 2016

Sonali Bank slow in implementing CBS

Sonali Bank, which has the largest network of branches in Bangladesh, is yet to adopt the core banking solution fully despite repeated pressure from the central bank and the government to do so to deliver better services to its customers.
23 May 2016

Cyber thieves exploit banks' faith in SWIFT transfer network

Shortly after 7pm on January 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San
21 May 2016

Banks should use services from local IT firms

Bangladesh’s financial institutions largely choose foreign IT companies while buying business solutions, a practice that is affecting the
21 May 2016

BB governor fires warning shots at state banks

Bangladesh Bank Governor Fazle Kabir yesterday cautioned four state-owned commercial banks and instructed them to grant loans
19 May 2016

HSBC to shut half of its branches in Bangladesh

British banking giant HSBC is set to shutter six of its 13 branches in Bangladesh as part of its global strategy to cut costs.
19 May 2016

Banks giving low-cost loans to manufacturers

Banks are providing industrial loans at a maximum cost of 6.5 percent -- which is almost half the going interest rates -- from a fund provided by the World Bank, a development that will put a smile on the faces of businesses.
18 May 2016

Mobile number portability gets PM's nod

Subscribers will soon be able to keep their existing number even after they switch from one operator to another as the prime minister’s office has approved a guideline for mobile phone number portability.
18 May 2016

Banglalink posts record revenue

Banglalink logged in Tk 1,220 crore in revenue in the first quarter of 2016 -- the highest in its 11-year history, raising hopes that it will finally turn in full-year profits this year.
16 May 2016

Germany eyes free wi-fi in public spaces, finally

Try looking for a free wi-fi connection in the cafe down the street in Germany and, more likely than not, there isn't one.
15 May 2016

Court grants more time for Robi-Airtel merger

The High Court yesterday gave the government three more weeks to submit its recommendations on the proposed merger between Robi
15 May 2016

Vietnam bank says thwarted attempt of SWIFT messaging fraud

Vietnam's Tien Phong Bank said on Sunday it had thwarted a cyber fraud attempt late last year, and a third-party service it used to
15 May 2016

Two made DMDs at National Bank

Abdus Sobhan Khan and Shah Syed Abdul Bari have been promoted to the post of deputy managing director of National Bank, according to
15 May 2016

Put pressure on Rizal Bank to return stolen funds

The parliamentary standing committee on the finance ministry has called for global pressure on Manila-based Rizal Bank to retrieve the
15 May 2016

New MD for Uttara Bank

Mohammed Rabiul Hossain has been promoted as the managing director and chief executive officer of Uttara Bank.
9 May 2016

Before BB heist, Fed feared cyber attacks

In the years before hackers stole $81 million from a Bangladesh central bank account at the Federal Reserve Bank of New York, senior Fed security officials examined the risk of such an attack -- but judged the prospect unlikely, bank sources told Reuters.
7 May 2016