New global fintech platform to begin operations from Pakistan, with plans to expand across emerging fintech markets worldwide LAHORE, PAKISTAN — August 13 2026: A group of fintech and industry professionals has signed an agreement to launch Nexus Fintech Forum, a global fintech industry platform that will begin its operations in Pakistan before expanding gradually […]
Karachi, Pakistan — Abdul Rahman Dhedhi, CEO of ARD Capital Management, is preparing to introduce ARD Trade Pro, positioned by the company as Pakistan’s First Most Advanced Trading Platform for the Pakistan Stock Exchange (PSX). Designed specifically for the new generation of Pakistani traders and investors, ARD Trade Pro aims to bring a more advanced, […]
KARACHI, Pakistan: Meezan Bank Limited has launched its new Cash & Cheque Deposit and Encashment Machine (CCDM) powered by TouchPoint’s QMatch Digital Platform, bringing cash deposits, cheque deposits, cheque encashment, and 24/7 Virtual Teller Assistance together through a single self-service banking solution. The new CCDM was launched at Meezan Bank’s Ayesha Masjid Branch in DHA, […]
The State Bank of Pakistan (SBP) has granted The Bank of Punjab (BOP) in-principle approval to establish an overseas wholesale banking unit in the Kingdom of Bahrain, marking a significant step in the bank’s international expansion strategy. The approval follows BOP’s earlier disclosure in July 2024 regarding its plans to establish a presence in Bahrain. […]
[Lahore: August 06, 2026] MCB Bank Limited is pleased to announce its financial results for the half year ended June 30, 2026, reflecting resilient performance supported by strong fundamentals, disciplined execution, and balance sheet strength amid a challenging macroeconomic environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad Mansha, reviewed […]
HBL declared a consolidated profit before tax of Rs 73.1 billion, and a profit after tax of Rs 34.5 billion for the half year ended June 30, 2026. EPS for H1’26 increased to Rs 23.51. Along with the results, the Bank declared an interim cash dividend for the second quarter ended June 30, 2026, at […]
In 2023, HugoBank Limited received in-principle approval (IPA) from the SBP. The State Bank of Pakistan (SBP) has granted pilot operations approval to HugoBank, a Karachi-based digital retail bank. Under this pilot approval, HugoBank will be able to test its products, banking systems, and operational readiness with a limited number of customers in a real-world […]
TouchPoint (Pvt) Ltd has announced that it now supports more than 1,300 Cash Deposit Machines (CDMs) for leading banks across Pakistan, marking a significant milestone in the country’s self-service banking ecosystem. The achievement is powered by Qmatch, TouchPoint’s digital self-service banking platform, which enables secure cash deposit transactions, real-time processing, and centralized management of self-service […]
DIB Pakistan and Systems Limited announced the signing of a Core Banking System (CBS) implementation agreement. Under this agreement, DIB Pakistan will migrate its core banking system from Oracle Flexcube to the Temenos’ Transact cloud- native platform, with Systems Limited leading the implementation as a certified Temenos partner and trusted banking transformation specialist. The CBS […]
Pakistan’s financial services industry is undergoing a profound transformation. Customers increasingly expect banking to be digital, accessible and embedded into their everyday lives, while regulators continue encouraging innovation and greater financial inclusion. Meeting these expectations requires more than technology alone, it requires institutions with the financial strength to invest, scale and innovate responsibly. That is […]