Islamabad – June 3, 2025: In a landmark development poised to propel Pakistan’s digital transformation, the Pakistan Software Houses Association for IT & ITES (P@SHA) has signed a strategic Memorandum of Understanding (MoU) with the Asian Development Bank (ADB). This pioneering collaboration marks the first formal partnership between the two institutions, laying the groundwork for […]
IMF Allows Pakistan to Cut Tax Rates for Salaried Class in Upcoming Budget
The International Monetary Fund (IMF) and Pakistan are nearing an agreement to reduce income tax rates for the salaried class in the 2025-26 budget. During intense talks between the IMF and the Federal Board of Revenue (FBR) on Friday night, the Fund granted broad approval to lower tax rates across several income slabs for salaried […]
Digitt+ & TPL Insurance are building a more secure, inclusive, and resilient digital financial landscape, with embedded micro-insurance solutions
Digitt Plus is pleased to announce a strategic partnership with TPL Insurance, aimed at enhancing the financial security of their customers through innovative, integrated micro-insurance solutions. This collaboration is designed to offer effortless and contextual protection for essential assets such as motorcycles and smartphones, tailored to the everyday needs of Digitt Plus’s users, including farmers […]
PTCL Group Partners with NETS International to Modernize IT Core Routing Solution with Cisco Technology
Pakistan Telecommunication Company Limited (PTCL) Group, comprising PTCL and Ufone 4G, has announced a strategic partnership with NETS International to modernize its IT Core Routing Platforms through the deployment of a state-of-the-art Cisco IT Core Routing Solution. This initiative reflects the Group’s ongoing commitment to delivering high-quality IT services by utilizing the latest advancements in […]
SECP Warns Public Against Fraudulent Online Trading Platforms Offering Unrealistic Returns
Islamabad – September 2025: The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to the general public against investing through unlicensed online trading platforms, websites, and mobile applications that promise unrealistically high returns in stock or financial product investments. The regulator has received numerous complaints from licensed securities brokers and individual […]
Visa Launches Commercial Integrated Partners to Turbo-Charge the Fintech Ecosystem
New program enables issuers to enhance commercial offerings through fully integrated digital solutions. SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity between fintechs and Visa Commercial products through its commercial platform. Visa will make available advanced APIs to embed Visa products […]
Karandaaz and GrowTech Partner to Empower Smallholder Farmers through AgriTech and Financial Inclusion
LAHORE: In a landmark move aimed at revolutionizing Pakistan’s agricultural sector, Karandaaz Pakistan has partnered with GrowTech, a leading AgriTech innovator, to enhance digital and financial access for smallholder farmers across Punjab. The collaboration is set to accelerate the adoption of smart agriculture practices and digital financial tools in underserved regions, fostering greater productivity, profitability, […]
Telenor Pakistan launches Next-Generation CMS Commission Management System (CMS)
ISLAMABAD: Telenor Pakistan launched its next-generation Commission Management System (CMS), aimed at revolutionising how commissions are calculated and disbursed across its retail and franchise network. Powered by SAP and hosted on Google Cloud, the newly deployed CMS is designed to enhance transparency, ensure real-time accuracy, and build stronger relationships with channel partners. The successful implementation […]
UPESI Africa’s Leading Money Transfer Company Appoints Fareed Jillani as Head of Marketing for Middle East and Europe
UPESI Money Transfer, one of Africa’s leading remittance service providers, has announced the appointment of Mr. Fareed Jillani as Head of Marketing for the Middle East and Europe. This strategic move comes as the company intensifies its efforts to expand its footprint across key international markets. Fareed Jillani is also the CEO of UAE-based Lejion Media, a prominent […]
SBP Issues Guidelines for Regulatory Sandbox to foster Innovation in Fintech Sector
The State Bank of Pakistan (SBP) has officially introduced the Guidelines for its Regulatory Sandbox (RSB), as part of its Vision 2028 initiative. This platform is designed to allow both new and existing entities, including startups, to test their financial solutions within a controlled regulatory framework. The RSB will follow a cohort-based approach, focusing on […]
