Pakistani Digital Bank UBL Partners Temenos for Its Digital Transformationby Fintechnews Middle East 2. July 2021
Pakistan’s digital bank UBL has signed an agreement with Temenos and National Data Consultant (NdcTech) to provide and implement a next-generation digital banking solution.
Through this agreement, the bank has embarked on a digital transformation journey across all channels, products and segments, including retail, SME and corporate, for its domestic and international markets.
Once executed, the bank expects to hyper-scale its digital footprint and provide a modern online banking platform with an integrated, seamless customer experience, covering the entire customer lifecycle from customer onboarding, deposit, loan originations, and digital servicing.
Temenos Infinity’s platform enables banks to increase digital revenues and reduce customer onboarding time significantly.
Built on a micro-services architecture, Temenos Infinity is an open and agile cloud-native product allowing banks to continuously extend and expand their solution for all or portions of the customer lifecycle.
Jean-Paul Mergeai, President for APAC and MEA, Temenos, said,
“With Temenos Infinity, UBL can take customer experience to the next level, delivering digital experiences that delight customers and make banking better across every channel.
Temenos Infinity is the world’s best-selling digital banking platform and our selection, together with NdcTech, reflects our market leadership but also our success working with banks in Pakistan to deliver a rapid implementation and time-to-value.”
Shazad G Dada, President & CEO UBL commented,
“Customer centricity is at the heart of everything we do. This partnership with Temenos and NdcTech is a great catalyst in our digital transformation journey.
We are very excited to make this a part of our strategic objective of becoming more agile and tailor our platform to better serve the rapidly changing needs of our customers”