TPS, Magnus to accelerate Bangladesh’s digital banking

Business Report :

TPS Worldwide, a global leader in digital payments and banking platforms, has entered into a strategic partnership with Magnus Corporation Ltd, a prominent technology and consulting firm in Bangladesh.
The collaboration aims to expand TPS’s footprint in South Asia while advancing the digital transformation of the country’s financial sector.
Under the agreement, Magnus Corporation will act as TPS’s local distributor in Bangladesh, offering its suite of digital banking and payment solutions. The partnership will support banks, fintechs, and financial institutions with secure and scalable platforms covering mobile financial services, digital wallets, and real-time payments, says a press release.
Commenting on the development, Amir Shams, Group Vice President – Global Business & Marketing at TPS Worldwide, said, “This partnership aligns with our vision to expand secure digital payment infrastructure in regional markets. With Magnus’s strong local presence, we are confident in delivering impactful fintech solutions across Bangladesh.”
Arman A. Khan, Managing Director of Magnus Corporation Ltd, added, “We’re excited to bring TPS’s cutting-edge payment technologies to Bangladesh. This will enable local institutions to scale rapidly with world-class solutions.”
The signing ceremony was attended by senior executives from both organisations, including Amir Shams and Kamruzzaman from TPS, as well as Arman A. Khan and Sakib Ahmed from Magnus.