In a remarkable feat, JS Bank, one of Pakistan’s rapidly expanding financial institutions, has announced its surpassing of Rs500 billion in deposits, marking a significant milestone for the bank. This achievement comes on the heels of a strong performance in 2023, where the bank reported a substantial Profit Before Tax of Rs8.5 billion, showcasing a […]
Beijing, April 9, 2024 – In a significant development, NayaPay, a leading fintech platform in Pakistan, has forged a partnership with Alipay+ to facilitate direct payments at 80 million merchants across China through its NayaPay app. This groundbreaking initiative marks the first direct payment channel between Pakistan and China, strengthening commercial ties between the two […]
Easypaisa, a leading digital financial services provider, has revealed an exciting partnership with Idenfo to introduce cutting-edge facial recognition technology within its mobile application. This strategic collaboration aims to bolster security measures by offering state-of-the-art solutions for facial comparison, liveness detection, anti-spoofing, verification, and encryption, seamlessly integrated into the user experience. The integration of facial […]
In a strategic move aimed at addressing the pressing concerns of ride-hailing drivers in Pakistan, Muawin has forged a partnership with Yango to introduce innovative fuel credit solutions. This collaboration will empower Yango’s partner drivers to access fuel on credit at various Shell fuel stations across the city, all managed seamlessly through a user-friendly mobile […]
In a landmark achievement, Branchless Banking (BB) transactions have surged past the 1 billion mark for the first time in a single quarter, according to recent data released by the State Bank of Pakistan (SBP) for the second quarter of fiscal year 2024. The State Bank of Pakistan (SBP) has announced that Branchless Banking (BB) […]
In a remarkable feat, JS Bank, one of Pakistan’s rapidly expanding financial institutions, has announced its surpassing of Rs500 billion in deposits, marking a significant milestone for the bank. This achievement comes on the heels of a strong performance in 2023, where the bank reported a substantial Profit Before Tax of Rs8.5 billion, showcasing a […]
In a groundbreaking development within Pakistan’s consumer electronics market, Telemart, a key player renowned for its quality service, has announced a significant partnership with Waada, a leading Insurtech firm. This alliance, solidified through a signing ceremony attended by Hamza Abdul Rauf, Co-founder and CEO at Telemart, and Ishaq Kothawala, Founder at Waada, aims to reshape […]
In a significant development towards environmental sustainability, WWF-Pakistan and The Bank of Punjab (BOP) convened for an agreement signing ceremony at BOP’s Head Office in Lahore. The collaboration between WWF-Pakistan, a leading environmental organization, and BOP underscores the latter’s dedication to fostering a Green & Clean Pakistan. During the ceremony, representatives from both organizations affirmed […]
In a move set to transform Pakistan’s digital financial landscape, easypaisa, the country’s premier digital financial services platform, has introduced the QR SoundBox. This innovative device promises to streamline digital transactions for both merchants and customers. The QR SoundBox offers a seamless solution, boasting a portable design equipped with a speaker for payment alerts and […]
Most people have bank accounts but there are a significant number of people in society that traditional banks have not served well. For years, the products and services built and delivered by banks have been designed to meet the banks’ criteria for profitability, even if it is at the expense of the customer. Earning a […]