Dhaka, June 18 -- United Commercial Bank (UCB) has launched the first open API-based banking system in Bangladesh. With this initiative, the bank will be able to provide modern, convenient, and technology-driven services to a larger number of customers simultaneously.Open API is an advanced technology that no other bank in Bangladesh has yet implemented. Globally renowned tech company Oracle has introduced this service in only 25 countries, says a press release. UCB is the first in Bangladesh and the sixth largest institution globally to start using the latest version, 14.7.The announcement was made Sunday, at the bank's head office in Dhaka during a program organized with invited journalists.With the use of this technology, customers will ...