A signing that signals a shift in how banks think about people operations
Some partnerships digitize a process. This one reimagines an entire function.
Paismo is proud to announce a strategic agreement with MCB Islamic Bank for the implementation of the Paismo HRMS (Human Resource Management System). It is a milestone that does more than modernize HR at one of Pakistan's leading Islamic banks. It marks the official launch of Paismo's On-Premise, Data Sovereignty Business Line, a new enterprise offering purpose-built for the unique regulatory, security, and operational demands of the banking sector.
The signing ceremony brought together leadership from all three organizations, including Mr. Hammad Khalid, President & CEO of MCB Islamic Bank; Mr. Umair Shabbir, Acting Group Head, HRMG; Mr. Abrar Aleem, Chief Information Officer; Mr. Ashar Iqbal, Head RBG North; Ms. Ayesha Azeem, Head of Implementation for Strategy & Initiatives; Ms. Rebecka Zavaleta, Chief Executive Officer of Paismo; Mr. Usama Mahmud, Chief Operating Officer of Paismo; and Ms. Tania Chaudhry, Chief Executive Officer of HCC Global, along with senior officials from all three organizations.
Why This Matters: Banking Needs its Own HRMS
For too long, banks have been forced to choose between two imperfect options. On one side, generic cloud HR platforms don't respect data residency requirements. On the other hand, legacy in-house systems that can't keep pace with the AI-driven workplace.
Paismo's new On-Premise Banking HRMS Enterprise Line closes that gap. It brings the full power of Paismo's modern, AI-powered HR suite, including Core HR, Automated Payroll, Time & Attendance, Performance, Recruitment, Leave, Workflows, Policy Manager, Loan Management, and the Paismo AI CoPilot, into a deployment model that keeps 100% of sensitive employee, payroll, and identity data within the bank's own infrastructure.
That's data sovereignty without compromise. Modern HR without the cloud trade-offs.
MCB Islamic Bank: Leading the Financial Sector into the AI Era
MCB Islamic Bank is stepping into the future as one of the first banks in the region to leverage AI-powered HR technology to drive real productivity gains and transform how people operations work, from the ground up.
This isn't simple digitization. It is a full leap into the digital AI era, and MCB Islamic is leading that charge in the financial sector. With Paismo, the bank will:
- Automate workflows that historically consumed weeks of HR and payroll cycles
- Empower employees with self-service access to payslips, leave, attendance, and performance data
- Equip managers with real-time KPI and OKR dashboards for faster, fairer decisions
- Use the Paismo AI CoPilot to surface insights, draft policies, and accelerate HR servicing
- Maintain full control of data through on-premise deployment aligned to banking compliance standards
For a bank built on values of trust and stewardship, this is HR technology that reflects how the institution actually operates: people-first, secure by design, and ready for what's next.
HCC Global: The Implementation Partner Making it Real
Great technology only delivers value when it's deployed well. That's why this partnership is anchored by HCC Global, Paismo's trusted implementation partner, led by CEO Ms. Tania Chaudhry.
HCC Global brings deep, sector-specific implementation expertise across change management, process re-engineering, integration with core banking systems, and the on-the-ground delivery muscle that enterprise transformation demands. Together, Paismo and HCC are combining best-in-class product with best-in-class execution to deliver a solution that is secure, scalable, and tailored to the unique demands of banking.
It's a model the industry has been waiting for: a software vendor and an implementation partner aligned end-to-end, accountable together for outcomes.
A Word from Paismo's CEO
"Paismo has partnered with MCB Islamic Bank for the implementation of our HRMS solution. This marks the launch of Paismo's On-Premise, Data Sovereignty Business Line, purpose-built for the banking sector. MCB Islamic Bank is stepping into the future as one of the first banks to leverage AI-powered HR technology to drive real productivity gains and transform how their people operations work, from the ground up.
This isn't just digitization. It's a full leap into the digital AI era, and MCB Islamic is leading that charge in the financial sector. What makes this even more special is the collaboration with our trusted implementation partner, HCC Global. Together, we're combining Paismo's technology with HCC's deep implementation expertise to deliver a solution that is secure, scalable, and tailored to the unique demands of banking."
Rebecka Zavaleta, CEO, Paismo
What This Means for the Banking Sector
This partnership reflects a broader truth: the next decade of banking competitiveness will be won, or lost, on how well institutions empower their people. Customer experience, risk management, and digital innovation all flow from one source: a productive, engaged, well-managed workforce.
With the launch of its On-Premise Banking HRMS Enterprise Line, Paismo is putting a stake in the ground:
- AI-powered, not bolted-on
- On-premise, with full data sovereignty
- Banking-grade security and compliance
- Delivered with a specialized implementation partner ecosystem
MCB Islamic Bank is the first to lead. It won't be the last.
About the Partners
MCB Islamic Bank is one of Pakistan's leading Islamic banks, committed to Shariah-compliant financial services and a digital-first customer experience.
Paismo is a people-first, AI-powered HR and payroll platform that automates the entire employee lifecycle, from hire to retire, across Core HR, Payroll, Time & Attendance, Performance, Recruitment, and more. ISO 27001 certified, Paismo serves organizations from startups to enterprises across the globe. Learn more at paismo.com.
HCC Global, led by CEO Tania Chaudhry, is Paismo's trusted implementation partner delivering enterprise HR transformation across the financial sector.
