Analysts at a seminar have said Bangladesh must ensure security and introduce “inter-operator transactions” to tap into the potential of digital banking. Speaking at “Digital Banking for All: Bridging Gap in Financial Inclusion” on Thursday, speakers said one reason digital banking has yet to reach the desired level in Bangladesh is a lack of public trust. In his keynote, Sanjid Hossain, head of commercial partnerships of mobile operator Robi Axiata, said Bangladesh’s progress in the $20.43 billion global digital banking market remains minimal. If digital banking expands, so much cash will not remain in people’s hands,” he said. Everyone offers digital services, yet new digital banks are being planned.”
