Staff Reporter Lahore
The Bank of Punjab (BOP), has signed an agreement with NdcTech, an award-winning re-gional partner of Temenos.
The agreement was signed by Mr. Zahid Mustafa (Group Chief Con-sumer & Digital Banking BOP) & Ms. Ammara Masood (CEO & President NdcTech)
As part of this agreement, N dcTech will be im-plementing the next generation digital banking solu-tion by Temenos, that helps financial institutions to accelerate their digital transformation initiatives, bringing world-class front and middle office trans-actional capabilities.
Through this implementation, Bank of Punjab will be able to provide an Omni-channel experience to its customers, accelerate digi-tal customer onboarding, & become more agile and scalable.
Acquisition of this platform will allow the Bank of Punjab to provide fast, safe, and convenient Omni channel digital experience, making it cus-tomer centric and digital first.
The Bank will invest in appropriately skilled digital ready talent and con-tinue to transform itself through innovative technol-ogy, products and services, emulating the digital-first mindset and culture of challenger banks.
Speaking on the occasion, Mr. Zafar Masud (Presi-dent & CEO – The Bank of Punjab) said, “The Bank of Punjab envisions to design a unique “Banking” experience for this new Digital World.
Digital Transformation is a key pillar in achieving our goal of being among the top five commercial banks of Pakistan.
Our ambition is to be a progressive and a digital-first bank in the next few years and build digital products and services centered around our customers’ needs, available to them at their finger-tips, all the time and everywhere.
The Bank of Pun-jab aspires to be at the forefront of digital innova-tion and contribute significantly to the national fi-nancial inclusion drive.
With the growth in digital banking adoption and new systems in place, The Bank of Punjab will make sure to keep a strong focus into the digital security and governance to protect its customers’ interest and information.”
Addressing the ceremony, Mr. Zahid Mustafa (Group Chief Consumer & Digital Banking – BOP) said, “The world has seen unexpected changes in the banking customers’ behavior, engagement.