TietoEnator and its long-term regional partner Data Edge have provided Dutch-Bangla Bank Limited (DBBL) with a Card Suite solution for issuing and acquiring payment cards.

Dutch-Bangla Bank is setting an important milestone by being the first bank to start issuing EMV cards in Bangladesh, and among the first ones to do so in South Asia. Dutch-Bangla Bank will be a forerunner in the market, offering new value-added services to its local customers and thus improving customer retention. The bank’s customers will benefit from an enhanced product and service portfolio as well as more secure smart cards.

Moyen Uddin Ahmed, Executive Vice President & Head of Cards, Dutch-Bangla Bank Limited, says: “DBBL is considered the most technologically innovative bank among the local banks in Bangladesh, and in terms of financial technology, it is showing them the way. With the help of TietoEnator, the DBBL-NEXUS VISA and MasterCard credit cards will be issued shortly on the EMV (Europay, MasterCard & VISA) platform. We are confident that adopting this EMV technology will enable us to protect against fraud and also ensure better service for our customers”.

Maris Ozolins, Head of Cards, TietoEnator Banking & Insurance, says: “We are very glad to assist Dutch-Bangla Bank in their goal of providing cardholders in Bangladesh with the higher security and added value benefits of EMV cards. For TietoEnator Card Suite, Asia is an important market area, and we are focusing on expanding further within the region”.