BoP Zong  Inov8 Press Release

Published by The Dawn on Tuesday, June 24, 2014

ISLAMABAD: The Bank of Punjab (BoP), Zong and Inov8, a technology and consulting solutions provider, have signed a memorandum of understanding (MoU) to digitise government flows through branchless banking, the provision of financial services through neighbourhood retail shops.

Speaking at the occasion, BoP President Naeemuddin Khan said his bank was pleased to sign the MoU to extend financial services to the grass-roots level of the population, a press release said.


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BoP Zong  Inov8 Press Release

Published by The Nation on Tuesday, June 24, 2014

KARACHI (PR): BOP, Zong and Inov8 signed an MoU to announce their partnership for digitizing government flows via the branchless channel. Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps.

This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.
There are 2 areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering. Continue reading


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Published by Pakistan Today on Tuesday, June 24, 2014

paksitan today


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BoP Zong  Inov8 Press Release

Inov8 – Official Release

Islamabad, June 22 2014: BOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.

There are 2 areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering. Continue reading


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Published by Business Recorder on Sunday, June 22, 2014

ISLAMABAD: The Bank of Punjab, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless banking is the provision of financial services through neighbourhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.

There are two areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering.


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Published by Pakistan Observer on Sunday, June 22, 2014

Sunday, June 22, 2014 – Karachi—BOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel. Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses.

There are 2 areas to focus for successful implementation: i) The Technology ii) The Agent Network (distribution side). BoP has entered into an MoU with Zong and Inov8 as both organizations have local market presence, expertise and existing experience which they aim to bring together to build synergies for best service offering. Speaking at the occasion Mr. Naeemuddin Khan said “The Bank of Punjab is pleased to sign MoU with Zong and Inov8 Limited to extend financial services to the grass root level of the population. This initiative will not only bring prosperity to the region but also help the underprivileged to enjoy financial services at their doorstep.” Continue reading


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Published by The News International on Sunday, June 22, 2014

Islamabad: BOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the unbanked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses. Continue reading


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Published by AAJ News on Saturday, June 21, 2014

BoP Zong  Inov8 Press ReleaseBOP, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless channel.

Branchless Banking is the provision of financial services through neighborhood retail shops whereby the financial services are offered to the un-banked population at their doorsteps. This is a first of its kind arrangement wherein service providers with existing market experience are coming together to provide the services which are aimed at poverty alleviation and financial inclusion of the under privileged masses. Continue reading


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meezan_bank_inov8

Seen in the picture (from Left to Right): Mr. Bashir Sheikh – President, Inov8, Mr. Farooq Sikander – Executive Consultant, Mr. Hasnain A. Sheikh - Chairman & CEO, Inov8, Mr. Mohammad Mohiuddin – PM Mobile Banking, Meezan Bank, Mr. Ariful Islam – Deputy CEO, Meezan Bank, Mr. Omer Salimullah – National Manager  ADC, Meezan Bank and Mr. Faizur Rehman – Group Head Information Technology, Meezan Bank

Inov8 – Official Release

logo_meezan_bank Karachi: May 07, 2014: Pakistan’s first and largest Islamic bank, Meezan Bank (MBL) and one of the region’s fastest growing mobile financial services (MFS) technology company, Inov8 Limited (i8) have entered into an agreement for implementation of a next generation suite of MFS services.  Meezan Bank will provide a unique set of multi-channel mobile banking services and smart phone applications with social media integration which is a first in Pakistan, to its fast growing branch and customer base.

Commenting on the occasion, Meezan Bank’s Deputy CEO- Mr. Ariful Islam said, “The MFS ecosystem, especially with the advent of 3G/4G and proliferation of smart phones, will play an ever increasing role as a dominant delivery channel for banking services.  Meezan Bank will, Inshallah, be an industry leader in this domain by offering an array of exciting, value-added services.”

Inov8’s Chairman and CEO, Hasnain A. Sheikh said, “We are delighted to be partnering withMeezan,Pakistan’s largest and leading Islamic bank.  They will be using our socially integrated next generation mobile financial services platform to offer a new array of products and services.” Continue reading


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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.”


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