SAMBA Bank Finalises IBM infrastructure

The bank also selected IBM POWER8-based servers, based on the first open server platform.
KARACHI:SAMBA Bank Limited has decided to host their core banking solution on complete IBM middleware stack with IBM DB2 Database which shall enable it to integrate the front end and back end systems seamlessly.
The bank also selected IBM POWER8-based servers, based on the first open server platform and the first processor designed for Big Data, IBM storage and IBM flash systems which will allow them to build highly efficient, optimised systems. Samba Bank CEO Shahid Sattar stated that, “This alliance with IBM will enable Samba Bank to provide maximum up time to its branch network.”
IBM’s Country General Manager Humayun Bashir said,“we are proud to be partnering with SAMBA Bank for this initiative.”

Source: https://tribune.com.pk/story/967863/corporate-corner-samba-bank-finalises-ibm-infrastructure

Hot this week

HBL Microfinance Bank Enhances Fraud Prevention with 1LINK’s Device Fingerprinting and Anti-Fraud Solutions

HBL Microfinance Bank partners with 1LINK to implement advanced Device Fingerprinting and Enterprise Anti-Fraud technologies powered by TrustDecision, boosting real-time fraud detection and digital banking security.

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Topics

HBL Microfinance Bank Enhances Fraud Prevention with 1LINK’s Device Fingerprinting and Anti-Fraud Solutions

HBL Microfinance Bank partners with 1LINK to implement advanced Device Fingerprinting and Enterprise Anti-Fraud technologies powered by TrustDecision, boosting real-time fraud detection and digital banking security.

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Fintech and Banking Leaders to Convene in Riyadh to Rethink MSME Lending Models

Banking and fintech leaders will gather in Riyadh on February 10 to discuss structural challenges in MSME lending and explore scalable, data-driven credit solutions.

KWSC Launches Unified Mobile App and Migrates Bill Collection to 1BILL Platform for Real-Time Digital Payments

Karachi Water & Sewerage Corporation launches its Unified Mobile App and shifts bill collection to the 1BILL platform, enabling real-time digital payments, wider payment channels, and improved service reliability across Karachi.

LUMS Center for Digital Assets Research Partners with Binance Academy for Crypto Seminar

LUMS CEDAR, in collaboration with Binance Academy, invites participants to a seminar on cryptocurrency fundamentals, blockchain technology, and digital assets on 9th February 2026 at LUMS.
spot_img

Related Articles

Popular Categories

spot_imgspot_img