SAMBA Bank, NDC sign agreement

KARACHI: SAMBA Bank in Pakistan has signed an agreement with National Data Consultants NDC to move to T24 R15 Banking Software (as Pakistan’s model bank on T24), replacing their existing core-banking system across all branches.
“Temenos-Connect Internet and Mobile Banking Platform’ along with AML will also be a part of the new solution,” said a statement issued Thursday.
A formal agreement has been signed between SAMBA Bank Pakistan and NDC for the timely execution of this project. The Temenos solution will fulfil the requirement of a state-of-the-art, cost-effective, Core-Banking System (CBS). It seamlessly supports a diverse range of banking operations, promising great scalability and product diversification.
NDC President and CEO Ammara Masood said, “We are delighted to be selected by a prestigious institution like SAMBA Bank Pakistan, as their partner for the implementation of Temenos Mobile Banking solution and T24 R15 solution.