Published by The Dawn on Friday, May 09, 2014
KARACHI: Meezan Bank (MBL) and mobile financial services (MFS) technology company Inov8 Limited (i8) have entered into an agreement to implement a next generation suite of MFS services.
Meezan Bank will provide a set of multi-channel mobile banking services and smartphone applications with social media integration to its branch and customer base.
Commenting on the occasion, Meezan Bank’s Deputy CEO Ariful Islam said, “The MFS ecosystem, especially with the advent of 3G/4G and proliferation of smartphones, will play an ever increasing role as a dominant delivery channel for banking services.”
Tags: branchless banking, smart phones, banking services, mcommerce consulting, Visa debit cards, multi-channel mobile banking, 4G, next generation Mobile Financial Services, bank, mcommerce, ecosystem, mobile banking, 3G, Pakistan, social media, mobile commerce, Hasnain A. Sheikh, network, Meezan Bank, inov8, smart phone applications, mobile payments, retail banking, Ariful Islam, MFS services, Bashir A. sheikh, money transfer, ATMs, Commerce, The Dawn