Launched by NDC and Temenos seven years ago, the Bank of the Future Forum has continued to add value for the leading financial institutions of Pakistan in all banking segments. This year 150+ senior banking delegates representing 21 banks attended the forum.
Ammara
Masood CEO and President of NDC
welcomed
its delegates talking about the joint successes of Temenos and NDC in the
Pakistan market and showing the healthy market position in 2017 and the
readiness of the Temenos banks with latest releases to embrace open banking and
choose where they want to compete in the value chain. She went on to add, “a
bank still has the role of a trusted partner for consumers and can embrace that
role in introducing new technology. Temenos and NDC have helped banks achieve
this goal in a short time.”
Mr. Behram Ahmed; Chairman NDC thanked all
the guests stating; “This annual forum has always been a showcase for
innovation. This event, with our Business Partner Temenos and 4 of the top
global fintechs, is another example of encouraging innovation and connecting
people from around the world to exchange ideas and contribute to the future of
banking in Pakistan.”
Experts spoke about the key themes for Digital innovation
including Core renovation; rise of new business models stemming from Open
Banking; Artificial Intelligence applications like Chatbots and robo-advisors
and Digital Engagement driving interactions to grow loyalty. Speakers and
Panelists also spoke on the regulators role to encourage banks to harness new
business models and technologies with fintechs. Atif Bajwa who served as
the CEO for last 20 years at various Pakistani and International Banks gave the
keynote.
Represented in this forum were fintechs such as Software
Group; Netguardians and HID Global
Jean-Paul Mergeai, Managing Director, Temenos Middle East
& Africa declared:
“The success of our 8th annual event is a testimony of the value that
Temenos and NDC have delivered to Pakistani banks and financial institutions
through the years. The annual forum is a unique opportunity to engage
with the growing number of our Pakistani banks who entrust us with their
digital transformation strategy! Thirteen Temenos experts from all around
the globe flew to Karachi to present our latest products and innovations to
more than 150 banking
professionals. We look forward to expanding our market share and
delivering more value through our solutions to the Pakistani banking market
alongside our trusted business partners NDC”.
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