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Habib Bank, Microsoft sign deal

Posted by iMark - 2006-03-12

KARACHI, Mar 10: Habib Bank Limited on Friday signed an enterprise agreement with Microsoft Pakistan for using cutting edge and innovative technology to ensure security in bank transactions and develop effective systems for the organization.

Habib Bank CIO Yousuf Nasir and Microsoft Gulf general manager Charbel Fakhoury signed the agreement.

Charbel Fakhoury on the occasion said: “HBL will be able to use our new version that includes security technology in online banking, copyright and banking transactions, especially inter-bank transactions.”

He said most of the banks were not providing lot of banking services to their clients due to risks involved in online banking transactions. “We assure them of protection against hackers and frauds in online banking transactions.

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