{"id":5703,"date":"2025-08-21T10:55:06","date_gmt":"2025-08-21T05:55:06","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=5703"},"modified":"2025-08-21T10:55:06","modified_gmt":"2025-08-21T05:55:06","slug":"mobilink-bank-upgrades-to-temenos-cloud-native-core-banking-platform-r23","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=5703","title":{"rendered":"Mobilink Bank Upgrades to Temenos\u2019 Cloud-Native Core Banking Platform R23"},"content":{"rendered":"

ISLAMABAD<\/strong> \u2013 Mobilink Bank<\/a>, Pakistan\u2019s leading digital microfinance bank, has successfully upgraded its core banking system, moving from Temenos\u2019 R17 to the latest R23 release of the cloud-native core banking platform.<\/p>\n

The upgrade marks a major milestone in the Bank\u2019s digital transformation journey and reinforces its commitment to technological innovation, operational excellence, and customer-centric banking. The transition was completed in collaboration with Temenos, a global leader in banking technology, and Systems Limited, a pioneer in digital transformation services.<\/p>\n

The new system brings significant improvements in performance, scalability, and resilience, while also enabling seamless integration of advanced digital features. Customers will benefit from faster transactions, enhanced security, real-time responsiveness, and new tools such as digital onboarding and personal finance management.<\/p>\n

\u201cThis is a paradigm shift,\u201d said Haaris Mahmood Chaudhary, President & CEO, Mobilink Bank<\/strong>. \u201cBy adopting the latest cloud-native core banking technology from Temenos, we are laying the foundation for next-generation digital banking in Pakistan<\/a>. Our customers can now enjoy faster, safer, and more seamless services, while we strengthen our position as a frontrunner in financial inclusion and digital innovation.\u201d<\/p>\n

Ammara Masood, GM Global Industries, Banking & Financial Services, Systems Limited<\/strong>, added, \u201cWe are proud to have led Mobilink Bank\u2019s core<\/a> modernization program, upgrading to the latest Temenos Transact on OCI using PCA-OKE. This new digital core unifies banking capabilities, cloud, data, AI, and security, enabling agility and continuous reinvention for the Bank. Leveraging our deep expertise and regulatory accelerators, we\u2019ve set a new benchmark for large-scale digital transformations in the region.\u201d<\/p>\n

Highlighting the strategic importance of the move, Aamir Ibrahim, CEO, Jazz<\/strong>, stated, \u201cMobilink Bank\u2019s R23 transformation is a powerful example of how we are building the next generation of digital infrastructure in Pakistan<\/a>. By combining world-class technology with our deep commitment to financial inclusion, we are creating faster, safer, and more accessible services for millions. This is more than a system upgrade \u2013 it\u2019s a step toward a fully connected, cashless, and inclusive economy.\u201d<\/p>\n

The modular and scalable design of Temenos\u2019 R23 platform allows for the rapid rollout of new services with minimal disruption. It also provides enhanced diagnostics, stronger compliance, advanced monitoring, and streamlined internal processes, ensuring improved efficiency and customer trust.<\/p>\n

Santhosh Rao, Managing Director, Middle East & Africa, Temenos<\/strong>, commented, \u201cWe\u2019re thrilled to see Mobilink Bank take this bold step forward. Upgrading to our latest cloud-native core banking platform is more than a tech refresh. It\u2019s a strategic move toward truly modern banking. With Temenos, digital banks like Mobilink Bank follow a proven path to innovate faster, scale smarter, and deliver exceptional customer experiences with confidence.\u201d<\/p>\n

Mobilink Bank emphasized that the advancement is central to its vision of redefining digital banking in Pakistan by delivering accessible, secure, and inclusive financial solutions nationwide.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD – Mobilink Bank, Pakistan’s leading digital microfinance bank, has successfully upgraded its core banking system, moving from Temenos’ R17 to the latest R23 release of the cloud-native core banking platform. The upgrade marks a major milestone in the Bank’s digital transformation journey and reinforces its commitment to technological innovation, operational excellence, and customer-centric banking. […]<\/p>\n","protected":false},"author":1,"featured_media":5704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1299],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t