Islamabad: Mobilink Bank, a forefront digital microfinance institution in Pakistan, has elevated its banking services through a strategic partnership with Systems Limited, integrating advanced Temenos Core solutions to enhance its operational capabilities and customer services.
According to Systems Limited announcement issued on 15 August 2024, this collaboration marks a significant milestone as Mobilink Bank becomes the first in Pakistan to update its core banking platform to Temenos R23. This upgrade aims to provide premium customer experiences, streamline internal processes, and increase agility in the fast-changing financial sector. Mobilink Bank, a member of the VEON group, serves nearly 160 million customers across six markets, representing 7% of the global population.
The bank’s commitment to digital transformation is further emphasized by its shift to a cloud-based infrastructure, specifically Oracle Kubernetes Engine (OKE), which will offer enhanced flexibility and scalability to meet customer needs. Additionally, Mobilink Bank is set to implement a suite of state-of-the-art solutions from Temenos, including Advanced Collections and Data Hub, which are designed to foster innovation, enhance data analytics, and improve reporting capabilities. Systems Limited, a distinguished Temenos Delivery Partner, has been collaborating with Mobilink Bank for over 12 years, playing a pivotal role in its ongoing digital evolution.