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In a significant leap towards modernizing its financial landscape, the Maldives Monetary Authority (MMA) has unveiled its innovative instant payment system, 'Favara', offering users the ability to swiftly transfer up...
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The banking sector in the Maldives has undoubtedly experienced very slow progress and transformation since its inception. However, over the years, significant advancements have revolutionized how people manage their finances,...
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Advancements in technology have revolutionized our way of life, enabling us to embrace a more convenient and accessible existence. With the rapid progress of the internet and mobile technology, nearly...
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As part of its plan to further enhance security for payments through its app, Bank of Maldives (BML) has enabled One Time Passwords (OTPs) for all QR payments.
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Bank of Maldives has today announced the integration of Visa and Mastercard payments for Raajje Transport Link (RTL) operated by Maldives Transport & Contracting Company (MTCC).
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On 25the March 2021, the Bank of Maldives (BML) announced on their official website warning their customers regarding scam calls and messages. This statement by BML was prompted by the...
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The Board of Maldives Pension Administration Office (MPAO) has appointed Sujatha Haleem as Chief Executive Officer on 31 October 2022. According to MPAO Sujatha was appointed for a term of...
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Cryptocurrency has taken the world by storm in recent years. Everyone seems to be talking about Bitcoin or Ethereum everywhere you go. While it all began in the 1990s, it...
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After Ooredoo Maldives recently celebrated 17 years of service on the 1st of August 2022, their e-commerce platform ‘Moolee’ has also celebrated their 3-year anniversary on the 7th of August...
