Digital banking continues rising

Reported By: ST Report Posting Time: 2023-12-21 13:35:03 Catagory: Business News
news portal on youtube
Digital banking continues rising

Digital banking, popularly known as online banking, are rising continuously for easy handling and more security.
Bangladesh Association of Software & Information Services (BASIS) president Rassel T Ahmed said, the digital banking was introduced in the country two decades ago. But the pace has been accelerated by the Coronavirus pandemic as consumers were then compelled to turn to the internet to access finances from the conveniences of their homes in a bid to avoid catching the deadly virus.
AKM Fahim Mashroor, a former president of BASIS and CEO at bdjobs.com, said, "The old- generation banks are lacking even in mobile apps. On the other hand, new-generation banks have the facility and they are doing well..."