Mashreq Pakistan announced a strategic partnership with Techlogix Pakistan (Private) Limited to implement the Oracle FLEXCUBE Core Banking solution. This move signifies a crucial step towards launching Mashreq Neo, the bank’s digital banking platform, in Pakistan.
The implementation of Oracle FLEXCUBE will provide a robust foundation for Mashreq Neo, ensuring secure and efficient core banking operations.
“Our partnership with Techlogix and the deployment of FLEXCUBE are instrumental in delivering a technologically advanced and secure banking experience for our Pakistani customers,” stated Mohamed Abdel Hamid Abdel-Razek, Group Head of Technology, Transformation & Information, Mashreq.
This initiative aligns with Mashreq’s vision to leverage technology for a seamless and secure banking experience. The bank is actively pursuing a restricted license from the State Bank of Pakistan to commence pilot digital retail banking operations.
