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Indemnity Form State Bank of Pakistan

Indemnity Form State Bank of Pakistan

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[Music] Pakistan is a paper-based economy the majority of our records in the financial health education or agriculture industry are paper-based a patient still carries his medical records in a file when visiting his Doctorate a prospective employee still has a paper copy of his University degree we love paper and are reluctant to change we are also a nation of manual processes it is no wonder it takes Banks up to two months to decide on a credit card or personal loan for a new to the industry customer while the front-end customer app has seen significant improvements the back end remains manual lacking customer personas and Advanced Technologies like AI big data and robotic processing for repetitive transactions this results in horrible customer Journeys very low Financial inclusion a high number of stockbreakers and high costs to solve this problem the State Bank of Pakistan has invited applications for a new license a retail digital Bank we are talking to Nadeem Hussein who recently

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