The CEO of Kharazmi Information Technology Development Company, emphasizing that digital banking has today become one of the main drivers of the economy, said: 'Banking technology companies, by developing secure and sustainable infrastructures, reducing transaction costs, facilitating financing, and strengthening the domestic supply chain, can play an effective role in the growth of national production and the enhancement of the country's critical infrastructures.
Dr. Mohammad Taghi Saleh, CEO of Kharazmi Information Technology Development Company, stated in this regard: "The role of banking technology companies in today's economy goes beyond software development or the provision of support services. Digital banking has, in a way, become a public infrastructure of the economy, and the more efficient, secure, and accessible this infrastructure is, the smoother the path of activity for producers and businesses becomes. For this reason, we believe that a technology company in the banking sector can directly and indirectly contribute to the growth of national production."
He added: "The first impact in this area is the reduction of transaction costs and the increase in the velocity of financial circulation. When payments, settlements, receipts, and financial processes are carried out digitally, accurately, and at low cost, businesses – especially producers – operate with lower operational costs and better planning capabilities. This, at the national scale, leads to increased productivity and competitiveness of production."
The CEO of Kharazmi Information Technology Development Company, referring to the role of technology in facilitating financing, clarified: "If banks are equipped with more precise technological tools for credit assessment, risk management, and data analysis, they can carry out financing in a more targeted, faster, and lower-risk manner. This means directing resources toward productive projects and enterprises with greater precision – an issue whose outcome ultimately returns to the growth of production and employment."
Saleh continued: "From the perspective of enhancing the country's infrastructure, banking technology companies have the duty to develop infrastructure that is sustainable, scalable, and resilient. Today, a significant portion of economic interactions between people and businesses is carried out through banking and payment systems. Therefore, increasing stability, reducing disruptions, enhancing security, and improving service quality in these systems means strengthening the country's critical infrastructure."
He noted: "Another important dimension is strengthening the domestic supply chain and developing local capacities. Any project carried out relying on domestic capabilities, utilizing the capacity of knowledge-based companies, and transferring knowledge, in addition to reducing dependency, contributes to the formation of a specialized labor market, the growth of domestic companies, and financial circulation in the national production chain. At Kharazmi, we have also tried to have an enabling perspective toward the domestic ecosystem in our choices and collaborations."
The CEO of Kharazmi Information Technology Development Company also referred to the role of data and intelligence and said: "One of the neglected capacities is the proper use of data for economic decision-making. Analytical technologies can help banks more accurately identify behavioral patterns, the financial needs of various sectors, and points of resource waste. When decisions become data-driven, credit policies and banking services become more efficient as well, and this ultimately leads to more effective support for production."
Saleh emphasized in conclusion: "We believe that banking technology companies can act as 'development drivers', provided that their perspective moves beyond short-term project-orientation and toward creating infrastructure, empowering banks, collaborating with the domestic ecosystem, and enhancing national resilience."
He stressed: "Kharazmi also considers itself committed to having a practical and measurable contribution to the growth of national production and the enhancement of the country's infrastructure by providing localized, reliable solutions based on the real needs of the banking network.
