KARACHI — The National Bank of Pakistan (NBP) has solidified a strategic partnership with TouchPoint, a leading provider of self-service solutions, to expand and optimize the efficiency of over 1,200 Diebold Nixdorf ATMs across NBP branches nationwide. The official signing ceremony, held at the National Bank Head Office in Karachi, marked a significant milestone in […]
Mashreq Pakistan Signs Agreement with PTCL for Tier-III Data Center Colocation Services Mashreq Pakistan is pleased to announce the signing of an agreement with PTCL.Official (PTCL) for the provision of primary data center colocation services at PTCL’s Tier-III Data Center facility. Mohamed Abdel Hamid Abdel-Razek, Group Head of Technology, Transformation, and Information at Mashreq, shared […]
PayFast Becomes First Payment Gateway to Launch Raast P2M Services Islamabad, Pakistan – May 17, 2024 – PayFast, Pakistan’s leading and commercially licensed payment service provider (PSP), has achieved a groundbreaking milestone by becoming the first payment gateway to go live with Raast Person-to-Merchant (P2M) services. This achievement enables PayFast’s partner businesses to accept payments […]
JS Bank, a leading financial institution in the country, has announced a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for global payment processing and transaction services. This collaboration aims to revolutionize the management of debit card services and ATM operations. Under this agreement, JS Bank will leverage Euronet’s advanced infrastructure in […]
TMB/easypaisa, Pakistan’s leading digital financial services platform, has bolstered its insurance-based product portfolio through impactful strategic partnerships with IGI Life Insurance Limited and IGI General Insurance Ltd, reinforcing its commitment to innovation and customer-centricity. The signing ceremony, attended by Kashif Ahmed, FCA, Acting President & CEO of TMB/easypaisa, Ali Nadim, CEO of IGI Life Insurance, […]
Parwaaz Financial Services and AdalFi have formally inked a collaborative agreement aimed at bolstering Pakistan’s small and medium enterprises (SMEs). Through the strategic utilization of advanced technology and data analytics, the partnership seeks to facilitate streamlined access to crucial financial resources, thus fostering growth opportunities for underserved businesses nationwide. The joint initiative between Parwaaz Financial […]
KalPay, the leading Shariah-aligned Buy Now Pay Later (BNPL) fintech service provider in Pakistan, announced today the successful closure of an undisclosed early-stage investment round. The milestone comes as KalPay reaches profitability, solidifying its position as a pioneer in the consumer lending industry within Pakistan. The early-stage funding was led by Orbit Startups and saw […]
“Leading UAE-based Digital Infrastructure Provider Teams Up with MEA’s Premier Payment Solutions Provider to Integrate Sustainability into Financial Operations” In a groundbreaking move towards fostering sustainability and climate action in the Middle East and Africa (MEA) region, Fils, an enterprise-grade digital infrastructure provider based in the UAE, has announced a significant partnership with Arab Financial […]
JazzCash and du Pay Forge Strategic Alliance to Revolutionize Cross-Border Payments In a move aimed at streamlining cross-border payments and bolstering financial accessibility, JazzCash, a leading digital financial services provider in Pakistan, has inked a strategic partnership with du Pay, a prominent fintech player based in the United Arab Emirates (UAE). The collaboration is poised […]
Islamabad, Pakistan – May 13, 2024 In a groundbreaking move set to redefine the banking landscape in Pakistan, U Microfinance Bank (U Bank) and Raqami Islamic Digital Bank Ltd. (RIDBL) have announced a strategic interoperable partnership. This collaboration aims to provide branch banking services to RIDBL customers through U Bank’s extensive network, marking a significant […]