Pan Asia Banking Corporation PLC Revolutionizes Pawning Services with Scienter Technologies

April, 4, 2024

Pan Asia Bank, a prominent Bank in the financial sector, has recently made headlines with its strategic move to implement “eFinancials”, the flagship finance solution of Scienter Technologies. This procurement signifies a pivotal step towards enhancing the bank's pawning services, marking a departure from traditional methods and embracing innovative digital solutions.

Unlike conventional system integrations or acquisitions, Pan Asia Bank’s decision to implement “eFinancials” underscores its commitment to staying ahead of the curve in the ever-evolving landscape of financial technology. The move demonstrates the bank's proactive approach to leveraging cutting-edge software solutions to optimize its operations and elevate customer experience. Pan Asia Bank aims to revolutionize its pawning services, offering customers a seamless and transparent experience while streamlining internal processes.

Mr. Naleen Edirisinghe, CEO of Pan Asia  Bank, expressed his optimism about the potential of the “eFinancials”, stating, "Our decision to implement “eFinancials” reflects our commitment to innovation and excellence. We believe that this strategic investment will enable us to deliver unparalleled value to our customers while enhancing operational efficiency."

In a rapidly evolving digital landscape, where customer expectations are continually evolving, Pan Asia  Bank recognizes the importance of embracing technology to stay competitive and relevant. With “eFinancials”, the bank reaffirms its dedication to driving digital transformation and fostering a culture of innovation within its organization.

The partnership between Pan Asia Bank and Scienter underscores the symbiotic relationship between banking and technology, where collaboration and innovation converge to shape the future of financial services. As the banking industry undergoes a paradigm shift towards digitalization, initiatives such as implementing “eFinancials” position Pan Asia Bank at the forefront of this transformative journey.

With a renewed focus on leveraging technology to enhance customer experience and operational efficiency, Pan Asia Bank is poised to redefine the standards of excellence in the realm of pawning services. As the digital revolution continues to unfold, Pan Asia Bank remains committed to pioneering innovative solutions that empower customers and drive sustainable growth in the digital age.

(Photo caption) – Heading the contract signing was Mr. Rajiva Witharana - Managing Director, SCIENTER (centre left) and Mr. Naleen Edirisinghe - CEO, Pan Asia Banking Corporation PLC (centre right).

Pictured from left to centre - Ms. Dinushi Suriyaarachchi – Senior Vice President, Head of Sales and Marketing, Mr. Dhanushka Kollure – Senior Vice President Head of Banking and Finance Services and Mr. Dinith Galappatthi – Chief Technology Officer, SCIENTER.

Pictured from right to centre - Mr. Rajitha Thoradeniya Assistant General Manager Operations, Mr. Vindya Rangajeewa, Senior Manager - Ranaviru,Sammana & Pawning and Mr. Shiyan Perera, Assistant General Manager - Retail Credit, Pan Asia Banking Corporation PLC