Islamabad, June 16, 2026: Pakistan’s leading digital bank, easypaisa, in collaboration with the Pakistan Airports Authority (PAA) and the State Bank of Pakistan (SBP), has undertaken a significant step toward digitizing various consumer payment touchpoints at Islamabad International Airport, reinforcing its transition to a cashless, future-ready travel ecosystem. In a ceremony held at the Islamabad […]
Karandaaz Pakistan, UN Launch Better Than Cash Alliance Working Group to Boost Digital Merchant Payments in Pakistan
Karandaaz Pakistan and the Better Than Cash Alliance, hosted by the United Nations Development Programme (UNDP) are formally collaborating to accelerate digital merchant payments in Pakistan. The National Merchant Payments Working Group is being established to anchor this partnership, a multi-stakeholder platform designed to drive the growth of digital payments acceptance, particularly through the country’s […]
TFSF Ventures Emerges From Three Quiet Years in the UAE With Patent-Pending Agentic Payment Infrastructure — and Opens It for Licensing
Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]
LEJION MEDIA successfully organized one of the biggest volleyball tournaments for the Pakistani diaspora in Italy
Bologna, Italy – June 8, 2026 Lejion Media in collaboration of Fusion Remit, successfully organized a grand volleyball event in Bologna, Italy, on 30th May 2026. The event witnessed an overwhelming participation of more than 1,000 members of the Pakistani community, who gathered to celebrate and enjoy one of Pakistan’s most beloved traditional sports. The highly […]
Systems Limited Profit Rises 21% to Rs. 3.03 Billion in Q1 2026
Systems Limited (SYS), Pakistan’s largest listed technology company, reported a profit after tax of Rs. 3.03 billion for the first quarter of calendar year 2026, translating into earnings per share of Rs. 2.05, compared with a profit of Rs. 2.5 billion and earnings per share of Rs. 1.71 in the same period last year. According […]
ABHI Microfinance Bank Reports Highest Ever Profit of Rs 1 billion in 2025
KARACHI: ABHI Microfinance Bank Limited closed 2025 with a profit after tax of PKR 1.019 billion (highest ever in the bank’s history), compared to a loss of PKR 1.754 billion in 2024, marking a sharp recovery in the Bank’s financial performance leading to a PKR 2.773 billion profitability swing in just one year after many […]
BankIslami Launches AI-Powered Credit Underwriting Platform ‘FOCUS’ to Accelerate Financing
Karachi: BankIslami has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a new platform aimed at digitalising and accelerating the customer financing journey through AI-driven automation. The platform reengineers the bank’s credit underwriting process from initiation to disbursement, replacing manual procedures with a standardised and automated framework implemented across all branches. According […]
Engro Holdings appoints Hussain Dawood as Chairman, Abdul Samad Dawood as CEO
In a key corporate development, Engro Holdings Limited, one of Pakistan’s largest business conglomerates, has appointed Hussain Dawood as Chairman of the Board and Abdul Samad Dawood as Chief Executive Officer. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. “This is to inform you that following […]
10,000 Merchants: Karandaaz, Tapsys partner to expand Digital Payments
KARACHI: Karandaaz Pakistan and digital payments enablement company Tapsys have entered into a strategic partnership aimed at accelerating digital payment adoption among up to 10,000 micro and small merchants across Pakistan under the Raast Merchant Onboarding & Facilitating Entities (RMOFE) programme. Under the agreement, the two organisations will collaborate on merchant onboarding, activation, and deployment […]
Government of Pakistan and Alibaba Sign Strategic MoUs to Accelerate AI Development, Digital Economy, and SME Growth
Partnerships spanning AI, cloud solutions, healthcare, SME enablement and digital payments aim to accelerate Pakistan’s digital transformation Hangzhou, China, 24 May 2026 – The Government of Pakistan and Alibaba have signed a series of Memoranda of Understanding (MoUs) covering artificial intelligence (AI), cloud solutions, digital skills, healthcare technology, e-commerce, SME development, and digital financial services, […]
