UBL, a digital bank based in Pakistan, has signed an agreement with Temenos and National Data Consultant (NdcTech) to implement a next-generation digital banking solution.
Earlier this year UBL launched Pakistan’s first Islamic Digital Account and the first of its kind UBL Pay where customers can use their phones as debit cards.
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 hyperscale 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.
Shazad G Dada, President and CEO UBL, said: “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.”
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