Myanmar-based Shwe Bank expands online banking solution through JMR Infotech project

Myanmar-based Shwe Bank has expanded its online banking service through the completion of its partnership with JMR Infotech.

JMR completed the internet and mobile banking project it had with Shwe Bank, which has helped the bank to offer new online products and services for its customers. The project was focused on enhancing and customising the Oracle FLEXCUBE Direct Banking solution for Shwe, to improve efficiency of the digital banking.

Alongside this, the company improved and upgraded Shwe’s customer experience features, including payments for DTH, mobile recharge and single-on for retail and corporate users.

Founded in 2007, JMR is a global banking and management software developer which supports financial institutions, insurers, the public sector, manufacturers and education providers, among others.

For financial institutions the company offers software for digital banking, online lending and credit lines, reporting, mobile wallets, investing, payment gateways and ATM management systems, among others.

Shwe Bank CTO Sai Aon Sai Mein said, “After an intensive evaluation process, we selected JMR Infotech due to their impeccable track record of delivering successful banking technology engagements.

“JMR’s comprehensive managed service capabilities has helped us meet our business growth goals and improved customer experience.”

Shwe Bank is a privately-owned bank in Myanmar which offers both internal and international banking, loans and overdrafts, and online banking services.

JMR Infotech founder & CEO Jayafar Moidu said, “The significant partnership with Shwe Bank is a major step for JMR as we strengthen our position as a leading provider of end-to-end banking technology solutions.

“Success of this engagement is a testimony to our sustained focus on providing excellent solution offerings to customers. The engagement has helped Shwe Bank to further enhance the customer experience and raise operational efficiency.”

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