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Paysys Labs acquires VA/PT & Security Product from Securitanium for Enhanced Email Phishing Protection

Paysys Labs acquires VA/PT & Security Product from Securitanium for Email Phishing FOR IMMEDIATE RELEASEPaysys Labs Private Limited is pleased to announce the acquisition of Vulnerability Assessment/Penetration Testing (VA/PT)...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys Labs Hits the Books: Adopting Classes to Shape Futures

Paysys Labs Hits the Books: Adopting Classes to Shape Futures Paysys Labs is thrilled to announce its latest initiative in corporate social responsibility by adopting two classes at The Citizens Foundation schools....
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys Partners with 360 Technologies to achieve PCI DSS v4.0 Compliance

Paysys Partners with 360 Technologies to achieve PCI DSS v4.0 Compliance Paysys Labs, a leader in secure payment processing solutions, in partnership with 360 technologies, is proud to announce...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys To Partner With PCI Security Standards Council

Paysys To Partner With PCI Security Standards Council To Help Secure Payment Data Worldwide — As The Council’s Newest Associate Participating Organization, PAYSYS to Contribute to The Development of...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys Labs Partner with Garaj

Paysys Labs Partner with Garaj to Boost Digital Financial Services ISLAMABAD – 10 July 10, 2023: Garaj, Pakistan’s largest local cloud service provider, and Paysys Labs, a trusted name in...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys Labs Partner with Visa

Visa and Paysys Labs Partner to Bring Tap-to-Phone Payments to Pakistan [Karachi, Sindh] –...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys Labs Advisory Leading Instant Payments

Paysys Labs Advisory at the fore front of building Instant Payment Foundations The Advisory Division at Paysys Labs has been engaged in the design and development of Instant Payment...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Trusted by many for RAAST

Trusted by many for RAAST – Pakistan’s Instant Payment System Paysys has emerged as the single largest System Integrator for Pakistan’s Faster Payments Initiative, “RAAST,” in the last 2...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Paysys Labs partners with UPI and NBP

Paysys Labs partners with UPI and NBP to launch Huawei Pay in Pakistan Paysys Labs is pleased to have helped National Bank of Pakistan launch ‘Huawei Pay’ (powered by UnionPay International) for...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com

Live Demonstrations in Indonesia and The Philippines Propel Digital Financial Inclusion Project

Live Demonstrations in Indonesia and The Philippines Propel Digital Financial Inclusion Project December 2019 Paysys Labs team members recently traveled to Indonesia and the Philippines to demonstrate real-time, interoperable...
JS Bank signed an agreement with Paysys Labs to launch the first ever mobile based biometric solution in Pakistan, Instascan. The signing ceremony between JS Bank & Paysys Labs was attended by Mr. Khurram Shaikh, Chief Digital Officer, JS Bank and Mr. Karim Jindani, Chief Executive Officer of Paysys Labs (Private) Limited. The mobile based, touchless biometric solution has been integrated with JS Bank’s branchless banking mobile application, Agent Mate to biometrically verify customers for over the counter (OTC) transactions. Agents can easily verify customers sending or receiving domestic remittances by simply taking a picture of their finger. The Instascan solution extracts the biometric data from the finger and sends it to NADRA for real-time authentication. The solution enables financial service providers to easily incorporate biometric authentication through open APIs, without having to incur the expense of developing purpose-built hardware and concerning themselves with form factor redesigns. This reduces cost and integration time so that they can get the solution in the hands of end-users faster as compared to typical hardware based touch sensors. Furthermore, riding on this sizable smartphone penetration in Pakistan, financial service providers can now onboard more customers without having to invest in capital, in terms of hardware and branches in remote areas. Whatever the case, be it opening bank accounts, mobile wallets or providing proof-of-life for pension disbursement, they can all be now facilitated without the customer having to physically be present in the branch. Speaking on the occasion, Mr. Khurram Shaikh said, “JS Bank is pleased to be the first bank in Pakistan to introduce the mobile-based biometric authentication technology which will cater to our banking customers’ needs by providing a much more convenient way to authenticate them-selves and avail our banking services instantly.” Mr. Karim Jindani, Chief Executive Officer of Paysys Labs commented:” We strongly believe that secure & friction-less identity verification is one of the major challenge in digital financial services space in Pakistan today. The biometric ID verification solution, Instascan, will provide financial service providers a seamless and purely digital onboarding process that can be used to authenticate and verify potential customers anywhere and at any-time.” JS Bank is considered amongst the fastest growing banks within Pakistan’s banking landscape with 307 branches in 152 cities and one international branch. JS Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups. For more information, visit http://www.jsbl.com Paysys Labs is a Boutique Payments and Retail, Digital Financial Solutions Company providing reliable and secure technology platforms that enable Banks, Telco’s and Businesses to offer their customers a vast array of payment types, across multiple channels, anywhere at any time. For more information, visit www.paysyslabs.com facebook.com/paysyslabs info@paysyslabs.com