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Technology economy / technology Maldives Impact 7.0/10 1 min read
“A Strong Digital Foundation for the Nation’s Future” — BML CEO on NCIT–Mastercard Partnership

“A Strong Digital Foundation for the Nation’s Future” — BML CEO on NCIT–Mastercard Partnership

Bank of Maldives (BML), the Ministry of Homeland Security and Technology's National Centre for Information Technology (NCIT), and Mastercard launched the Maldives Digital Partnership Program, a five-year initiative to accelerate digital transformation. The program focuses on modernizing digital identity and payment systems, enhancing cybersecurity with AI, digitizing government services, introducing advanced payment for public transport, and using data analytics for tourism. BML CEO Mohamed Shareef called it a 'transformative journey' and emphasized building a strong digital foundation for the nation's future.

Bank of Maldives (BML), the Ministry of Homeland Security and Technology's National Centre for Information Technology (NCIT), and Mastercard launched the Maldives Digital Partnership Program, a five-year initiative to accelerate digital transformation. The program focuses on modernizing digital identity and payment systems, enhancing cybersecurity with AI, digitizing government services, introducing advanced payment for public transport, and using data analytics for tourism. BML CEO Mohamed Shareef called it a 'transformative journey' and emphasized building a strong digital foundation for the nation's future.

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The Standard

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Aug 10, 2025

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Bank of Maldives (BML), the Ministry of Homeland Security and Technology's National Centre for Information Technology (NCIT), and Mastercard launched the Maldives Digital Partnership Program, a five-year initiative to accelerate digital transformation. The program focuses on modernizing digital identity and payment systems, enhancing cybersecurity with AI, digitizing government services, introducing advanced payment for public transport, and using data analytics for tourism. BML CEO Mohamed Shareef called it a 'transformative journey' and emphasized building a strong digital foundation for the nation's future.

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Focus: “A Strong Digital Foundation for the Nation’s Future” — BML CEO on NCIT–Mastercard Partnership

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