BB steps in as vendor's network migration disrupts digital banking
Dhaka, Oct. 7 -- comprising card operations, ATM transactions, and National Payment Switch Bangladesh (NPSB)-linked services across several banks- faced severe disruptions this week, due to a routine system-wide migration and maintenance exercise, Bangladesh Bank (BB) said on Tuesday.
The central bank has summoned the management of IT Consultants PLC, the operator of the Q-Cash network, and directed them to restore all card-related services, including switching, at the earliest possible time, according to a press release signed by Sayeda Khanam, Director (Ex-Cadre - Publication) and Assistant Spokesperson of Bangladesh Bank.
The press release stated that the service disruption began around 9:00 PM on October 4, 2026, due to urgent techn...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.