Mobile Financial Service in Bangladesh: Beyond-Now-There after

In the ever-expanding digital world, mobile banking services are the new normal economic reality. You can get mobile financial services (MFS) whether you live in the first or third world. MFS in Bangladesh has been a driving force in Bangladesh’s digital journey since its inception in 2011. Banking, payments, money transfers, and other sorts of …

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AI in Project Management: Pros and cons

Artificial intelligence is going to replace many jobs in the future. Have you heard this claim or myth before. This is a common misunderstanding people have about AI. However, most people are not aware of the difficulties that artificial intelligence is currently encountering, as well as the clear advantages it offers. There are many different job opportunities in many different fields, and project management is one of them. In the future, we think that AI will change project management, even though the changes might not be very obvious. Now, let’s find out how it will affect companies and their project planning. Benefits of Artificial Intelligence in Project Management Data Analysis In project management, data analysis is the next step after automation. Artificial intelligence can find connections and patterns in data that humans would rarely notice. AI helps teams examine their past performance, coming up with better plans and predicting any potential problems …

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Exploring the broader digital asset and cryptocurrency markets

The cryptocurrency and broader computerized resources advancement has proceeded to develop in sincere, appearing promising signs of development through 2021 as industry-wide administrative bills have come to the Senate floor in Washington D.C. whereas costs have acknowledged to modern all-time highs. In spite of the fact that cost appreciation tends to draw consideration, cost has ended up an progressively less critical metric for measuring the quality and wellbeing of the broader advanced resource space compared to exchange volumes, throughput capacity, interesting client addresses, and stores bolted in keen contracts. Near-term cost instability has been a hazard; be that as it may, the number of center financial specialists and clients who have long-term speculation skylines and are willing to hold through these …

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Long Run of Digital Money

Central Bank Digital Currency (CBDC) could be a modern shape of money that exists as it were in computerized shape. Rather than printing cash, a central bank issues broadly open computerized coins so that advanced exchanges and exchanges ended up straightforward. Endeavors towards the CBDC are expanding all over the world for numerous reasons. The COVID-19 emergency initiated a move in installment propensities towards advanced, contactless installments and e-commerce due to a presently negated peril of banknotes being way of transmitting disease, which quickened the decay of cash utilize. Furthermore, cryptocurrencies created by private associations or casual communities (e.g., Bitcoin) have seen noteworthy advancements and esteem pick up. As a reaction, 87 countries(representing over 90 percent of worldwide GDP) are presently investigating central …

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Blockchain Technology in Banking & Finance

Combining shared databases and cryptography, blockchain technology allows multiple parties that may not know each other from different geographical locations to have simultaneous access to a constantly updated digital ledger that cannot be altered. The blockchain is a powerful technology that enables Bitcoin, Litecoin, Dogecoin, and other virtual currencies to be open, anonymous, and secure. …

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Hyper-personalization: the next phase of banks’ digital evolution

We are truly in the era of the customer. Gone are the days when standard products sets and a one size fits all approach was possible, as technology and intelligence propels us into an ever increasingly digital economy. Taking an outside in mind-set, it is imperative for financial service providers to reassess their purpose and …

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Open Banking explained: everything you need to know

Open banking is a financial service term that refers to a new era for the financial industry. It opens the door to innovations and serves consumers and their needs while maintaining a strong focus on security. Open banking connects non-banking financial companies (NBFCs) and banks to provide customers with custom and more accessible financial services. …

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The rise of AI in banking and finance industry: Exploring use cases and applications

Artificial intelligence (AI) has become increasingly popular in financial services, transforming how financial institutions operate, interact with customers, and manage day-to-day transactions and monetary regulations. The ability of AI to process vast amounts of data, identify patterns, and make informed decisions has made it a critical tool for banks and financial institutions. The banking and finance …

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AI Modernize The Banking Industry

Artificial intelligence in the banking sector makes banks efficient, trustworthy, helpful, and more understanding. It is strengthening the competitive edge of modern banks in this digital era. The growing impact of AI in banking sector minimizes operational costs improves customer support and process automation. Besides, AI in banking also helps users to select loan amounts at an attractive …

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Saudi Data Vault will invest $100 million in Bangabandhu Hi-Tech City

Dhaka: Datavolt, a well-known data center manufacturing and power generation company in Saudi Arabia, will set up a data center at a cost of $100 million in Bangabandhu Hitech City, Kaliakair, Gazipur. The company’s Chief Strategy Officer Ayad Al Amri announced this during a bilateral meeting with State Minister for Information and Communication Technology Junaid …

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