Category: News

Zareef Hamid, Founder and CEO of Velwire. Working in collaboration with Bangladesh’s ICT Division and Central Bank, Velwire developed Binimoy, the country’s first and only real-time interoperable digital transactions platform. This landmark initiative facilitates swift, seamless and secure transactions for all users in the financial ecosystem and serves as an exemplary model for other countries looking… Continue reading Most Innovative Companies & CEOs of 2023

In today’s world, digital payments are a vital component of the financial landscape, particularly in emerging economies. These markets have bypassed conventional innovation and enthusiastically adopted financial services, including mobile payments, digital wallets, and cross-border payment platforms. In addition, the COVID-19 pandemic significantly accelerated the widespread adoption of digital payments, transforming the way individuals and… Continue reading Velwire: Driving Financial Inclusive Growth in Emerging Economies

Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.   Until yesterday, if you were registered with bKash, an MFS operator, you could not send money to someone who has an… Continue reading Money transfer across MFS platforms finally a reality

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy has said the government aims to build cashless society within next three or four years as part of it’s target to bring cent percent people under bank account service.   “Our next target is to build a cashless society,” he told the launching ceremony of ‘Binimoy’, an… Continue reading ‘Govt aims to build cashless society within 3-4yr’

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy today (November 13, 2022) formally inaugurated “Binimoy” — an interoperable digital transaction platform (IDTP) — at a city hotel.   Binimoy is a platform for establishing digital financial transactions, which is a timely initiative among the far-reaching steps taken by the government to build a digital Bangladesh… Continue reading Joy launches new transaction platform ‘Binimoy’

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy formally inaugurated ‘Binimoy’, an interoperable digital transaction platform (IDTP), at a city hotel. State Minister for ICT Zunaid Ahmed Palak and ICT Division Senior Secretary NM Zeaul Alam addressed as the special guests at the inaugural function on Sunday. Bangladesh Bank (BB) Governor Abdur Rouf Talukder presided… Continue reading Joy opens interoperable transaction platform Binimoy

The government has taken a variety of measures to transform Bangladesh into a cashless society, said prime minister’s IT Adviser Sajeeb Wazed Joy. The service will enable money transactions across mobile financial services (MFSs) and banks.    “The IT sector of Bangladesh has evolved. Very quickly we have transitioned from 2g to 5g,” he said… Continue reading Efforts underway to make Bangladesh cashless in 3-4yrs: Sajeeb Wazed Joy

Prime minister’s ICT affairs adviser Sajeeb Wazed Joy on Sunday formally inaugurated ‘Binimoy’, an interoperable digital transaction platform, at a city hotel. State minister for ICT Zunaid Ahmed Palak and ICT Division senior secretary NM Zeaul Alam addressed as special guests at the inaugural function. Bangladesh Bank governor Abdur Rouf Talukder presided over the session.… Continue reading Joy opens ‘Binimoy’

Prime Minister’s ICT Affairs Advisor Sajeeb Wazed Joy will formally inaugurate Binimoy, an interoperable digital transaction platform (IDTP), at a city hotel at 10:30am Sunday. Bangladesh Bank Governor Abdur Rouf Talukder will preside over the session.   Binimoy is a breakthrough platform for establishing digital financial transactions, which is a timely initiative among the far-reaching… Continue reading Joy to inaugurate interoperable transaction platform Binimoy Sunday

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy on Sunday formally inaugurated ‘Binimoy’, an interoperable digital transaction platform (IDTP), at a city hotel. State Minister for ICT Zunaid Ahmed Palak and ICT Division Senior Secretary NM Zeaul Alam addressed as the special guests at the inaugural function this morning. Bangladesh Bank (BB) Governor Abdur Rouf… Continue reading Joy opens interoperable transaction platform ‘Binimoy’