HBL has collaborated with Hysab Kytab, to launch Personal Finance Management tool. This step has been offered for the very first time by a bank in Pakistan.
Veqar Ul Islam, Founder of Hysab Kytab and Director of Jaffer Group of Companies stated:
“Going live with HBL is a major milestone. Hysab Kytab is a PFM born in Pakistan and I thank HBL for trusting and selecting it for their own digital platform. This is the kind of support that our local banks can offer to help Pakistan’s FinTech industry to grow and provide solutions for the local requirements.”
Commenting on this partnership Abrar Mir, Chief Digital, Innovation & Financial Inclusion Officer at HBL said:
“This partnership with Hysab Kytab is a pivotal step in providing our mobile banking users with a holistic view of their finances and will empower them to make sound financial decisions. HBL continues to deliver innovative banking solutions, and this PFM will act as a key differentiator in the internet and mobile banking services.”
You may also like: SECP endorses Finja, Pakistan’s first peer-to-peer lending platform
The first phase of the launching will let the HBL mobile customers experience few features that include record and track expenses, create budgets in various categories, plan and track saving goals, and view all accounts in one place, amongst other features.
The second phase will let customers experience enhanced features such as auto-categorization and data integration which will further add versatility to the launched tool.
In addition to it, HBL is making endless efforts to reinforce customer-centric digital banking. HBL is working in mobile application services to let its users experience a better environment and to meet their needs.
The bank also urges its customers to switch over to the Mobile app and click on the “budget” section availing its full functionality.
Image Source: dawn.com