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JS Bank collaborates with Abacus Consulting to accelerate its Digital Platform

Press Release Oct 13, 2017
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JS Bank Limited & Abacus Consulting signed an agreement for the implementation of Apigee, Google Cloud’s API Management Platform. The initiative aims to create a JS
Bank led ecosystem where partners, customers, fintech players, and employees can
leverage this digital investment and participate in building an API economy. The
implementation would accelerate JS Bank’s strategic plans of becoming the leading
digital bank by providing its customers an enhanced banking experience.
Speaking on the occasion, Khurram Shaikh Chief Digital Officer, JS Bank, said “We are
heavily focused on becoming a truly Digital Bank in Pakistan. This initiative will certainly
accelerate our Fintech Collaboration Strategy and enable us to engage for the first time
with the financial developer community. Apigee is a proven cutting-edge platform, which
will enable us to offer banking APIs in a very agile environment to keep up with the pace
of fintech development globally and especially in Pakistan.”
Abbas Ali Khan, Managing Director Abacus Consulting stated: “We are delighted to have been selected by JS Bank as partners in their digital journey. Building on our extensive work with Google Cloud over the past two years, we are confident that a strong API Management strategy will help bring JS Bank into the forefront of digital banking in Pakistan.”

Sharing his thoughts, Denis Dorval Head of Apigee, Google Cloud EMEA “These are
exciting times for the banking industry and we see great emphasis on digital banking in
this region whilst disruptive challengers emerge from the Fintech space. We believe API
Management can be leveraged to bring opportunities and growth for all players, new
and old.”
JS Bank is considered amongst the fastest growing banks within Pakistan’s banking
landscape with 323 branches in 161 cities and one international branch. JS Bank is part
of JS Group, one of
Pakistan’s most diversified and progressive financial services groups.

Also Read| Domestic payment scheme launched by Meezan Bank in Pakistan

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