Pakistan’s long-overlooked fintech landscape is undergoing a significant resurgence, driven by renewed investor confidence and rapidly evolving regulatory reforms, according to a recent report by Forbes. The publication noted that after years of lagging behind India and other regional markets, Pakistan is now emerging as a strong contender in South Asia’s digital finance space. Forbes […]
Wateen Telecom has announced a strategic partnership with The Bank of Punjab (BOP) to jointly establish an Artificial Intelligence (AI) Factory, a transformative initiative aimed at accelerating digital transformation and AI-driven innovation across Pakistan’s banking industry. The agreement was formalized during a signing ceremony attended by senior leadership from both organizations, including Mr. Adil Rashid, […]
Islamabad, December 1, 2025: Askari Bank Limited has entered into a strategic partnership with Autosoft Dynamics (Pvt.) Limited, a leading provider of banking technology solutions, to implement a state-of-the-art Digital Lending and Loan Origination System (LOS). This collaboration marks a significant milestone in the Bank’s digital transformation journey and reinforces its commitment to redefining customer […]
The State Bank of Pakistan (SBP) and the Lahore Chamber of Commerce and Industry (LCCI) are set to introduce a QR code payment system to facilitate cashless transactions for chamber members. The initiative, announced during a meeting between SBP Chief Manager Tariq Riaz and LCCI President Faheem Ur Rehman Saigol, will allow members to pay […]
Sialkot, Pakistan, November 26, 2025 – Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today announced the collaboration with UPS Authorised Service Contractor in Pakistan to provide cost-effective and reliable logistics services for Pakistani exporters. This initiative aim to helping local Small and Medium Enterprises (SMEs) connect seamlessly to over 200 countries and regions, optimizing […]
KARACHI: Telenor Pakistan has entered into a strategic alliance with Data Vault Pakistan to launch the country’s first AI-Ready Sovereign Cloud, enabling enterprises to securely access advanced GPU-accelerated computing and locally hosted AI infrastructure for the first time. This landmark partnership is poised to accelerate Pakistan’s AI adoption across sectors such as finance, healthcare, manufacturing, […]
The Bank of Punjab (BOP) and InfraZamin Pakistan (IZP) have signed a strategic Memorandum of Understanding (MoU) to strengthen Pakistan’s agricultural warehousing ecosystem through a credit guarantee–backed financing framework. The partnership aims to enhance post-harvest storage capacity, drive private-sector investment, and support long-term agricultural development. InfraZamin Pakistan — a credit enhancement institution jointly sponsored by […]
Karachi: Mashreq Bank Pakistan — one of the country’s two licensed retail digital banks — has announced a strong focus on attracting workers’ remittances and introduced Pakistan’s first-ever profit-bearing current account, offering up to 5% per annum. During the launch of Mashreq NEO, the bank’s new digital banking platform tailored for Pakistan, Shahzad Khokhar, Head […]
Islamabad: The long-awaited merger between Telenor Pakistan and Ufone has moved into its final stage and is expected to be formally completed in the first week of December, according to official sources. After nearly a year of deliberations, regulatory processes, and operational assessments, all major milestones have now been cleared, paving the way for final […]
KARACHI: BankIslami has launched a nationwide outreach initiative aimed at strengthening public understanding of Islamic banking and accelerating the transition toward a Riba-free financial system in Pakistan. As part of the campaign, regional team leaders have begun conducting on-ground awareness and advocacy sessions with officials across the country. These engagements focus on enhancing knowledge of […]