Sybase 365, a subsidiary of Sybase, Inc, and Dutch-Bangla Bank Limited (DBBL), were given the “Best Mobile Banking Initiative Award” at The Asian Banker Technology Implemen-tation Awards 2012.

Sybase 365, a mobile banking platform, was implemented in Bangladesh through a deal with DBBL. With this, DBBL customers can now manage their money via their mobile phones which are far more ubiquitous in rural areas than ATMs.

The phones serve as ‘mobile wallets’ enabling customers to withdraw and deposit money and access other banking services from anywhere, according to a message received here Saturday.

Prior to the imple-mentation of mobile banking, Bangladesh’s banking population predominantly relied on ATMs for their banking needs, when a terminal could be accessed.

“Since our launch in 2011, DBBL Mobile Banking has won numerous awards, including the National Digital Innovation Award in Bangladesh, MMT Awards in Dubai for ‘Best Mobile Banking Programme of the World’, and the eAsia Award in Dhaka for best ‘Driving Economy’.

This recognition at the Asian Banker Technology Implementation Awards is another great achievement for DBBL and Sybase 365,” said Abul Kashem Md. Shirin, Deputy Managing Director, Dutch-Bangla Bank.

The Daily Sun/Bangladesh/ 29th July 2012