Logica wins mandate from MCB Bank
Pakistan’s MCB Bank has implemented the payments filtering solution offered by business and technology services company Logica. According to Logica, the product called HotScan will help MCB Bank comply with new regulations and allows operations and compliance employees to focus on addressing other potential threats which will reduce operational costs.
“Levels of filtering required of banks will only increase further, due to more stringent regulatory requirements and increasing payments volumes,” said John Evans, director of financial crime solutions at Logica, in a statement. “This is our second customer within Pakistan which proves that out innovative filtering software can help banks...