Month: November 2018

Banking

Real Time Gross Settlement (RTGS)

To facilitate safe, secure and efficient interbank payment system, Bangladesh Bank introduced Real Time Gross Settlement (RTGS) system on 29th October 2015 as part of its inclusive digitalization initiative.  It opened a new horizon in the arena of large value time critical payment and settlement in the country. It was implemented with the financial assistance from the Asian Development Bank and technical support from the … Continue reading Real Time Gross Settlement (RTGS)

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Technology

Google Traffic Live Update

Google Traffic is a feature on Google Maps that displays traffic conditions in real time on major roads and highways. It can be accessed at the Google Maps website, or by using the Google Maps application on any Smartphone device. Beginning in 2009, Google turned to crowdsourcing to improve the accuracy of its traffic predictions. When Android phone users turn on their Google Maps app … Continue reading Google Traffic Live Update

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Technology

Why you need Google Drive

Google Drive is a file storage and synchronization service developed by Google. Launched on April 24, 2012, Google Drive allows users to store files on their servers, synchronize files across devices, and share files. In addition to a website, Google Drive offers apps with offline capabilities for Windows and macOS computers, Android and iOS smartphones and tablets. Google Drive encompasses Google Docs, Sheets and Slides, … Continue reading Why you need Google Drive

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Banking

Sanction Screen in AML

Sanctions programs are now an important feature of governments’ foreign policies. It’s a political tool that can be employed as an alternative to military action. Think of the sanctions imposed upon Libya during the Arab Spring, on certain African leaders, or more recently upon Russia. What does this mean for banks and other financial institutions? It goes without saying that banks have a critical role … Continue reading Sanction Screen in AML

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