Ready to launch : Meezan’s mobile banking services
The MFS ecosystem will play an increasing role as a dominant delivery channel for banking services.
KARACHI:
Meezan Bank has signed an agreement with a mobile financial services (MFS) company, Inov8 (i8), for the implementation of a next-generation suite of MFS services, a statement said. Using this partnership, Meezan Bank will provide a set of multi-channel mobile banking services and smartphone applications with social media integration to its fast growing branch and customer base, it added. According to Meezan Bank Deputy CEO Ariful Islam, the MFS ecosystem, especially with the advent of 3G/4G and proliferation of smartphones, will play an increasing role as a dominant delivery channel for banking services. “Meezan Bank will be an industry leader in this domain by offering an array of exciting, value-added services,” he said. Inov8s Chairman and CEO Hasnain A Sheikh said, “We are delighted to be partnering with Meezan.”
Published in The Express Tribune, May 9th, 2014.
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