Islamabad: Mobilink Bank, a leader in digital microfinance in Pakistan, has entered into a strategic partnership with Systems Limited to enhance its core banking platform using the Temenos Core system. This upgrade positions Mobilink Bank at the forefront of offering premium banking experiences, optimizing operational processes, and enhancing flexibility in the financial sector.

According to Mobilink Bank, this collaboration marks a significant step in the bank’s ongoing digital transformation. Mobilink Bank will be the first in Pakistan to upgrade to the R23 platform, utilizing cloud-based infrastructure to improve service flexibility. Systems Limited will implement several advanced solutions, including Temenos Core, Advanced Collections, and Data Hub, aiming to foster innovation and improve data-driven analytics and reporting.

Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Bank, emphasized the partnership’s role in advancing financial inclusion and enhancing customer services. He remarked on the future-proof banking infrastructure that will emerge from this collaboration, designed to deliver personalized and seamless banking experiences to customers.

Haaris Mahmood Chaudhary, Interim CEO of Mobilink Bank, highlighted the transformative impact of the new core banking infrastructure, which is expected to personalize customer interactions and adapt to market trends to unlock new growth avenues.

Ammara Masood, Global Industries GM BFS at Systems Limited, expressed enthusiasm about upgrading Mobilink Bank’s system to a Cloud Native Platform, which will align with local regulations and practices, reinforcing the bank’s innovative approaches to banking.

Lee Allcorn, Managing Director for the Middle East and Africa at Temenos, expressed satisfaction with Mobilink Bank’s decision to adopt the latest Temenos technology, which will enable the bank to scale efficiently and innovate more rapidly.