JS Bank Limited, one of the fastest growing and most dynamic banks in Pakistan has recently inked a new strategic partnership with InfoTel Pakistan one of the leading cards services provider in the market and a partner of Thales e-Security Solutions.
To launch this new partnership, an agreement was signed by Mr. Kalim-ur-Rahman, President and CEO of JS Bank, and Mr. Riaz Siddiqui, Managing Director, InfoTel at the Head Office of the Bank in Karachi. The signing ceremony was attended by members of the management teams of both organizations, regional representatives of Thales as well as His Excellency Mr. Christian Ramage, the Consul General of the French Republic in Karachi.
Under the new agreement, JS Bank will enable its systems to offer its customer EMV compliant cards in both Debit and Credit categories thereby providing them with a cutting edge global standard of heightened security and increased functionality. Furthermore by complying to EMV, JS Bank will have a competitive advantage of issuing cards on the global platform of Java, thereby enabling them to be better equipped to offer more features and services in the days ahead.
Speaking at the signing ceremony, Mr. Kalim-ur-Rahman, President and CEO, JS Bank stated, “Credit and Debit cards are now a staple in customers’ lifestyle thereby making them the most visible face of any bank. By signing this agreement we are ensuring that we partner with a leading player to provide our customers with a heightened level of convenience, functionality and most importantly of security. Through this agreement we wish to ensure that we remain ahead in the race to provide our customers the best card products that complement their lifestyles both in Pakistan and around the world”.
Commenting on the new vistas opened as a result of the new partnership agreement, Mr. Riaz Siddiqui, Managing Director, InfoTel stated, “We will deliver the world’s best EMV technology i.e. Thales P3 which will provide customers with the highest possible security and the ability to add new applications during the cards lifetime and also prevent the bank from malicious activities”.
