Mobile Financial Services (MFS)

A promising shift in empowering women

Mobile Financial Services (MFS) serve as a transformative catalyst, empowering women, particularly those in rural areas, to actively engage in financial activities.

A Cashless Day with Mobile Money

In the hustle and bustle of my life as a university student juggling academics with a part-time job, one ordinary day took an unexpected turn.

Changing landscape of mobile money in Bangladesh

A transformative shift emerged over a decade since the inception of Mobile Financial Services (MFS) in Bangladesh, initially confined to fund transfers.

Bangladesh’s rise in mobile money: A global perspective

The mobile financial services (MFS) are growing faster in Bangladesh than its global low- and middle-income counterparts, driven by people’s widespread adoption of handset-based solutions in the absence of their active participation in traditional banking channels.

How mobile money is reshaping financial inclusion in Bangladesh

In recent years, Bangladesh has seen tremendous growth in digitalization, which is gradually changing the shape of the country’s socioeconomic parameters and propelling it into the digital age.

Banking the last mile through savings groups

In Bangladesh, savings groups have been uplifting thousands of women from poverty.

Nagad Finance inches closer to running MFS operation

The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services. 

What's so wrong with hundi?

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

Fund transfer among MFS distributors to become easy

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.

January 28, 2024
January 28, 2024

Changing landscape of mobile money in Bangladesh

A transformative shift emerged over a decade since the inception of Mobile Financial Services (MFS) in Bangladesh, initially confined to fund transfers.

January 28, 2024
January 28, 2024

A Cashless Day with Mobile Money

In the hustle and bustle of my life as a university student juggling academics with a part-time job, one ordinary day took an unexpected turn.

January 28, 2024
January 28, 2024

A promising shift in empowering women

Mobile Financial Services (MFS) serve as a transformative catalyst, empowering women, particularly those in rural areas, to actively engage in financial activities.

January 28, 2024
January 28, 2024

How mobile money is reshaping financial inclusion in Bangladesh

In recent years, Bangladesh has seen tremendous growth in digitalization, which is gradually changing the shape of the country’s socioeconomic parameters and propelling it into the digital age.

January 28, 2024
January 28, 2024

Bangladesh’s rise in mobile money: A global perspective

The mobile financial services (MFS) are growing faster in Bangladesh than its global low- and middle-income counterparts, driven by people’s widespread adoption of handset-based solutions in the absence of their active participation in traditional banking channels.

March 11, 2023
March 11, 2023

Banking the last mile through savings groups

In Bangladesh, savings groups have been uplifting thousands of women from poverty.

January 13, 2023
January 13, 2023

Nagad Finance inches closer to running MFS operation

The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services. 

September 20, 2022
September 20, 2022

What's so wrong with hundi?

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

September 4, 2022
September 4, 2022

Fund transfer among MFS distributors to become easy

Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.

June 20, 2022
June 20, 2022

Banks, MFS must go the extra mile to serve flood-hit people

The banks, MFS providers and payment service providers will have to find alternative ways to make their payment systems effective in the flood affected districts, including Sylhet, Sunamganj, Moulvibazar, Habiganj, Kishoreganj, Netrokona, Kurigram and Rangpur.

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