Tag: Banking
MCB and NOKIA Join Hands for Providing Financial Services
According a press release issued today, MCB Bank Limited and Nokia Finland have announced that they have signed an agreement for provision of financial services to million of mobile phone users. This is the first agreement of its kind in Pakistan. No financial institute has joined up with a telecom giant to provide services before.
Telecom Sector Needs Advanced Data Warehouse
In Daily Times, Mr. Muhammad Yasir (IT & Telecom Reporter) Filed a Story on how and why telecom operator need more secure and advanced data warehouse. The flourishing financial and telecommunication industries of Pakistan need to invest in cutting edge, secure and fast automation systems to boost their performance and services for maximum customers’ satisfaction with reliability.
Silkbank Selects Oracle Database to Modernize Banking Operations
In a bid to become the bank of choice and benchmark of excellence in the banking industry, Silkbank Limited has selected Oracle Database to modernize its banking operations. Silkbank Limited, formerly known as Saudi Pak Commercial Bank Limited, has selected robust, flexible and scalable Oracle Database platform to modernize its IT architecture to improve its [...]
First SMS-based Secure Mobile Payments System Launched
Chairman Pakistan Telecommunication Authority (PTA), Dr. Mohammad Yaseen inaugurated Pakistan’s first SMS-based Secure Mobile Payments Technology, at a launch event hosted by AKNMTECH, a Mobile Value Added Services Provider. PTA ICT Directorate and AKNMTECH have ventured upon this enterprise to provide financial management empowerment to the consumers, thus providing them with the fiscal flexibility and confidence of conducting theirbanking transactions reliably through their mobile phones using simple medium of SMS. Furthermore this platform proposes a harmonious uniformity wherebybanking and telecom institutions can integrate their respective services to it and further enrich the service quality for their consumers. It provides an engaging, efficient and secure platform for mobile andbanking services providers to offer to their customers a true “Anywhere, Anytime” mobile banking experience.
