PBI Expanding Tech Frontiers

Post Bank of Iran has signed an agreement with several state entities to promote the indigenization of technologies of banking and postal services in the country’s less developed areas with the help of the growing tech ecosystem.
Behzad Shiri, the head of PBI, entered into a deal with senior officials from the Vice Presidential Office for Science and Technology, its subsidiary Iran National Innovation Fund, Iran Telecommunications Company and Iran Telecommunications Organization, affiliated with ICT Ministry, last week, Isti.ir reported.
As per the deal, all the engaged entities are committed to help PBI boost the speed and cost efficiency of services, upgrade online databases, optimize its systems’ maintenance and curb its reliance on foreign partners.
“This is a five-year contract, based on which, ITC and ITO agreed to fulfill the Post Bank’s communication requirements. The vice presidential office also committed to introduce ICT startups and tech teams with smart solutions for upgrading the bank’s services,” Shiri said.