Pakistani financial institution Allied Bank Limited announced it has partnered with Sybase 365 and AbacusConsulting, a Pakistani professional services firm, to offer its customers mobile banking services.
The partnerships will enable Allied Bank to integrate mobile banking capabilities into its current banking products and potentially tap into a large base of potential customers – there are approximately 130 million mobile users in Pakistan – particularly in remote rural areas where access to banks, ATMs and the Internet remains limited.
“We have been looking for a service provider with global recognition for launching mobile banking services,” said Zia Ijaz, Group Chief Commercial and Retail Banking Group at Allied Bank. “With many successful mobile banking deployments in its portfolio, we are confident that Sybase 365 is the right partner to help us develop and implement a robust mobile banking strategy to tap into the unbanked and under-banked population of Pakistan.”
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio