Mandates and payments roundup, June 7

Habib Bank implements a new core banking solution, while IndusInd Bank awards a cards mandate to ElectraCard Services.

Habib Bank upgrades Misys solution

Pakistan’s Habib Bank has implemented a core banking solution from Misys, a global financial services provider. The new solution called BankFusion Equation will help Habib Bank improve online banking services and provide more efficient services to its treasury, trade finance and retail clients.

According to Zakir Mahmood, chief executive at Habib Bank, Misys’s solution “will put Habib Bank in the lead amongst the banking industry in the region. The BankFusion technology will not only improve our operations domestically but across our global network and most importantly, it would allow us to enhance our service and our customers’ experience.”

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