Singapore-based fintech Pine Labs has partnered with Pan Asia Banking Corporation (PABC) in Sri Lanka to deploy its Credit+ platform, a cloud-native, API-first system designed to modernize end-to-end credit card operations.
The Credit+ solution manages the full card lifecycle — from issuance and activation to billing, payments, reconciliation, and settlement — while integrating with the bank’s existing core systems and external payment networks. Its modular design allows the bank to launch new card products, adjust rules, and respond to regulatory changes quickly without replacing underlying infrastructure.
For Pan Asia Bank, the platform offers greater control over configurations, limits, and operational logic as transaction volumes grow. Customers benefit from faster processing, real-time authorizations, and enhanced security features.
