Sunday , 5 December 2021
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New mobile banking tech on the way

BDCOM Online Limited, a Bangladeshi IT service company, is offering new technology-based technical support to a growing number of companies that provide financial services on mobile phones.

The company signed a memorandum of understanding with French company eServGlobal on Wednesday to this effect.

BDCOM Managing Director Golam Faruk Alamgir Arman and eServGlobal Chief Executive Paolo Montessori signed the deal at a hotel in the capital.

Arman said the number of clients for mobile financial services, launched in Bangladesh in 2011, had reached 13 million.

He said his company’s goal was to reach the services to the ‘marginal level’ clients through the latest technology.

Arman hoped they would launch the service in six months.

BDCOM Chairman Wahidul Haque Siddiqui said eServGlobal was offering their services in Europe, Australia and several Middle Eastern countries. “We want to utilise their modern service in the mobile money market of this country.”

The company’s System Integration Division chief Gazi Zehadul Kabir said the ‘programme’ would be run through the banks. BDCOM will offer technical support and coordinate the whole affairs, he added.

“Basically we’ve developed a platform where technology firms will be integrated with financial institutions so that all the participants can equally share the profits.”

He said currently, mobile financial services could not properly cater to the need of the clients due to lack of modern technologies.

BDCOM officials said eServGlobal had over 90 clients in 65 countries for mobile wallet, mobile commerce, advertisement or promotion and agent management services.

BDCOM is offering various IT-related services including IP telephony, mobile application, mobile financial service, network security and vehicle tracking, reports

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