BM Report:
Visa recently organized the Visa Leadership Conclave 2023 at a city hotel under the theme ‘Towards a Cashless, Smart Bangladesh’. Through this exclusive annual platform, Visa felicitated its partners—banks, fintech, merchants, and other members of the ecosystem—for their contribution to digital payments in Bangladesh.
The Visa Leadership Conclave brings together innovators, thinkers, and leaders to engage, discuss, and share knowledge of the payments industry. This year, it focused on how developments in the industry have led to greater digital adoption and what more could be done to accelerate the growth of digital payments.
Visa’s Country Manager Soumya Basu commented, “I congratulate all those who won Excellence Awards in Consumer Payments, Commercial and Money Movement Solutions, and Value-Added Services. Their achievements portray how we can promote an advanced, cashless society through deep partnerships and collaboration, and we look forward to fortifying this in the coming years.”
The awards were presented for excellence in various categories, including issuance and acquisition, cross-border payments, product innovation, fintech partnerships, cybersource, and value-added services. The award winners are: Islami Bank Bangladesh, Standard Chartered Bank, First Security Islami Bank, Meghna Bank, Eastern Bank, BRAC Bank, Aarong, Daraz, bKash, IT Consultants Limited (ITCL), The City Bank, Hongkong and Shanghai Banking Corporation (HSBC), Software Shop Limited (SSL) Wireless, Southeast Bank, United Commercial Bank, Mutual Trust Bank, The Premier Bank, Dhaka Bank, Nagad, and Dutch Bangla Bank.
The Planning Minister of BD, M.A. Mannan, graced the Visa Leadership Conclave 2023 as the Chief Guest, and Md. Sharafat Ullah Khan, Director, Payment Systems Department, Bangladesh Bank, along with the entire Visa team and other issuers and acquirers of Bangladesh, were present in the ceremony.
Visa has partnered with leading banks, MFS (mobile financial services), fintechs, and merchants to help transform Bangladesh into a cashless, digital-first society, in line with the Bangladesh Bank initiative for the nation to become cashless by 2027.
