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Paysys Labs Strengthens Partnership with MCB Islamic Bank

  • November 6, 2024
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Paysys Labs has announced the expansion of its partnership with MCB Islamic Bank Limited. The collaboration focuses on enhancing the bank’s RTGS/PRISM system connectivity with the State Bank of Pakistan through the implementation of Paysys Labs’ OpenConnect middleware solution.

This strategic integration ensures seamless compliance with all relevant use cases and development standards, positioning MCB Islamic Bank for future technological advancements.

Paysys Labs expressed gratitude to MCB Islamic Bank for their continued trust and support. The partnership underscores the company’s commitment to delivering innovative solutions and driving digital transformation in the financial sector.

Through this collaboration, both organizations aim to further strengthen the digital payment ecosystem in Pakistan and provide enhanced services to customers.

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Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
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