How AI will tackle fraud in financial industry in Bangladesh
“Fraud is an uncommon, well-considered, imperceptibly concealed, time-evolving and often carefully organized crime which appears in many types of forms.” – Van Vlasselaer et al
Obedur Rashid Bin Sakrat Kaderi
Banker & Data Science Enthusiast
Obedur Rashid Bin Sakrat Kaderi: Banker & Data Science Enthusiast
Digital banking in Bangladesh: Business models, challenges and opportunities
Bangladesh Bank has twice invited applications for establishing digital banks in the country. Under the previous government, two licenses were politically approved and granted—one to Nagad and the other to Kori. However, following the political shift after 5th August 2024, those licenses were suspended.
Data Accuracy in Bangladesh: Challenges and Perspectives
The phrase "Garbage in, garbage out," coined by IBM programmer George Fuechsel, reflects the two most important challenges associated with data analysis and policymaking. Poor or unreliable data leads to misleading conclusions and poorly informed policies that may have great repercussions. Whereas many other developed countries have managed to develop solid systems that showcase exact data, Bangladesh has often lagged in this regard and has thus continued to provide inconsistent data ever since the beginning of collecting data. The incongruity affects a great deal of decision-making at the national level, from economic planning to health management to educational policies.