Bangladeshi Banking Banks on Sybase 365

    By: Mr. Adrian Bridgwater on Jun 27, 2011

    During my daily scouring and investigation of the web today I came across some thought provoking Sybase-related news that made me think long and hard about the usage of mobile technologies in developing nations.

    I came across this:

    Bangladeshi bank Dutch-Bangla Bank (DBBL) has selected Sybase 365, a subsidiary of Sybase, for its mobile banking platform.

    By using Sybase 365 mBanking platform, DBBL can reach the rural and unbanked population, of which 45 percent are mobile phone users. With features to conduct local and international money remittance, Bangladeshi expatriates will also be able to remit money to the mobile accounts of their families, who can then make a withdrawal at the retailer or cash point.

    The service will be available on all mobile devices with subscription to any of the six mobile operators of Bangladesh. DBBL and Sybase 365 will roll-out the next phase of services allowing customers to conduct mobile airtime top-up, merchant payment and micro financing from their mobile device.

    After reading it I thought about how neat all of this modern technology is. I mean, here's a country where a significant number of its inhabitants are rural with little technology around them, yet they have mobile phones to keep in touch with friends, family and their bank.

    ... then I wondered why it is that they can do this in rural Bangladesh but apparently can't in rural America and parts of Europe.

    But then this kind of "leap-frogging" is not uncommon. Much of Africa has jumped straight to mobile networks bypassing fixed line infrastructures due to the cost advantages of just going with the most state of the art technology option.

    Perhaps there is a lesson here for our future in the west? Perhaps we need to embrace still-nascent technologies more warmly and more rapidly from the start. Think cloud, think mobile, think open source, think onward as far as you can.

    Let's take a lesson from Bangladesh - now how often do you get to say that?

    Released: June 27, 2011, 3:54 am | Updated: March 22, 2014, 4:56 pm
    Keywords: Opinion News | Mobile Banking




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