Bangladesh Bank partners with fintech company Fime to launch a domestic card scheme, aiming to enhance financial inclusion through a stable payment infrastructure.
Facts
- Bangladesh Bank collaborates with Fime to establish an independent payment infrastructure for a domestic card scheme.
- Fime, headquartered in Paris, France, assists in defining payments strategy, certification framework, scheme rollout, and user onboarding over a six-year partnership.
- Fime offers solutions in payments, smart mobility, biometrics, authentication, and open banking, supporting various global domestic card schemes.
- Fime’s suite of solutions plays a vital role in testing, certification infrastructure, and offers a unified solution for certification needs.
- Mezbaul Haque, Executive Director at Bangladesh Bank, highlights the country’s growing payments ecosystem and interest in digital solutions.
- Angaj Bhandari, VP of MEA, India, and South Asia at Fime, emphasizes boosting digital payments and financial inclusion tailored to Bangladesh’s unique market.
