Samba Bank Pakistan signs agreement with BPC Banking Technologies

KARACHI: Samba Bank Pakistan, a fully owned subsidiary of the largest bank in the Middle East (Saudi National Bank), has signed an agreement with BPC Banking Technologies to modernize its digital banking and payment processing technology infrastructure and provide a frictionless digital banking and payment experience for its customers.

BPC’s Digital Banking platform takes into account new market trends and customers changing behaviour and needs to manage all of their finance and beyond, all at their fingertips. The platform’s refined and improved mobile banking app has advanced services which are truly self-service and automated in fashion.

The Digital Banking platform will allow digital on boarding of customers to the delivery of payment instruments as well as day to day transactional needs. The platform will augment and enhance customer experiences across their initiatives within their lifestyle, when buying goods, travelling, growing financially, investing, sharing money and goods or running a business.

Speaking at the occasion, Shahid Sattar, CEO & President Samba Bank, said: “We are excited to collaborate with BPC to leverage its world class technology platform to open up new possibilities of digital banking for our existing customers and to bring new customers onboard, providing financial services with modern user experiences. Digital Transformation is a key pillar in achieving our goal of being among the top Digital banks of Pakistan.”

Ahson Saeed, Managing Director, BPC Banking Technologies in Pakistan commented: “We look forward to our collaboration with Samba Bank which will enable it to redefine and make incredible leaps forward in its Digital Banking transformation and customer experiences across different customer and business segments in Pakistan. BPC’s world class payment processing technology, blended with international and local expertise will provide the bank with the required capabilities and a very strong, secure and scalable platform to offer new age, innovative digital banking products and services in future.”—PR

Copyright Business Recorder, 2021