Silkbank, one of the fastest growing banks in the country, has signed an MOU with AbacusConsulting and VentureTel for the implementation of branchless banking and mobile financial services in Pakistan in a ceremony held in Lahore. AbacusConsulting, the leading consulting, technology and outsourcing company and VentureTel, e-commerce and mobile app specialists will be the technology and implementation partners in this deal.
Silkbank has decided to implement SAP Mobile Platform for providing branchless banking services as it will allow Silkbank to introduce innovative products and channels for their existing and prospective customers.
The focus is on corporate, merchant, e-commerce, international remittance, government payments and collections in addition to the traditional and branchless banking offerings. Through this deal, Silkbank, AbacusConsulting and VentureTel will change the banking landscape in the country and help in creating unprecedented opportunities for bank customers.
On the occasion Talha Saeed - Executive Director Silkbank said, "What we are aiming at is an ongoing, consistently changing and growing process that doesn't only focus on the traditional banking transactions, or repeats what's already being done in the market, but brings in new and innovative products in the market and reshapes the banking landscape."-PR