JS Bank team-up with Abacus Consulting

Commerce Reporter

KARACHI:  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. 

Speaking on the occasion, KhurramShaikh Chief Digital Officer, JS Bank, said "We are heavily focused on becoming a truly Digital Bank in Pakistan.  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 said "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.