Karachi: The State Bank of Pakistan (SBP) has launched Pakistan’s Financial Inclusion Index (P-FII), a comprehensive measure designed to assess the level of financial inclusion across the country by evaluating access to, usage of, and the quality of financial services. According to the inaugural results, Pakistan’s overall financial inclusion level stood at 58.1 in 2024. […]
Islamabad: Pakistan marked a major milestone on Tuesday with the launch of its first-ever private-capital-funded Pakistan Skills Impact Bond (PSIB), backed by a Rs1 billion guarantee from the Ministry of Finance, aimed at transforming the country’s approach to technical skills development. The inaugural Rs1 billion pilot tranche forms part of a three-year Skills Impact Bond […]
Karachi, Tuesday — Pakistan’s digital payment ecosystem continued its rapid expansion in the first quarter of FY26, with mobile app-based transactions reaching 2 billion, accounting for over 80% of all digital payments, according to the State Bank of Pakistan’s (SBP) First Quarterly Payment Systems Review of FY26 released on Tuesday. The report revealed that retail […]
[Karachi -Dec 2025]– Neem Paymenow is proud to announce a landmark partnership with K-Electric (KE), Pakistan’s only vertically integrated power utility, to provide Shariah-compliant earned-wage access to K-Electric employees. K-Electric serves more than 3.8 million customers across a vast network. These individuals are not only skilled professionals but essential community heroes who repair faults, maintain […]
Digitt+ today announced the launch of its behavioural analytics layer and a comprehensive suite of data-driven products for digital payments, delivering real-time, human-friendly insights across funds transfers, bill payments, PayPak card spend, and ATM withdrawals within a single, unified experience. The launch comes as Digitt+ approaches PKR 30 billion in total processed throughput, having executed […]
Islamabad, Pakistan – Dynamic Solutions Pakistan has officially announced the launch of its latest fintech product, DirectPay, a comprehensive digital payments platform aimed at reshaping Pakistan’s evolving payments ecosystem. Commenting on the launch, Zeeshan Arshad, CEO of Dynamic Solutions Pakistan, shared his excitement about bringing an innovative and secure payment solution to the market, designed […]
The Pakistan Banks Association (PBA) elected and constituted a new 16-member Executive Committee, including two female members and eight newly inducted member banks, marking a strategic shift toward greater inclusivity and broader industry representation. Following the elections, the Executive Committee unanimously elected Mr. Zafar Masud, President and Chief Executive Officer of The Bank of Punjab, […]
1LINK has further strengthened Pakistan’s card payments landscape by achieving Mastercard certification for its purpose built, state-of-the-art PCI compliant Card Personalization Bureau, designed to deliver secure, scalable, and end-to-end personalization and card fulfillment services. The highly automated facility supports the complete card personalization lifecycle from secure data personalization to packaging with near zero human intervention, […]
With 67% of Pakistan’s adult population now financially included, up from just 47% in 2018, the country’s banking landscape is transforming at a remarkable pace. But financial inclusion alone does not complete the picture. Increasingly, Pakistanis are demanding ethical, accessible, and tech-forward banking solutions, and nowhere is this convergence more visible than in the rise […]
The New Power Award brings together global entrepreneurs to debate key industry challenges, with a Pakistani SME recognized for its innovative ‘AI Commander’ approach Karachi, Pakistan – 23 December 2025: Alibaba.com, a leading global B2B e-commerce platform, today announced the conclusion of the 2025 New Power Award in Hangzhou, China. Often referred to as the […]