U Microfinance Bank (U Bank), a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL)-e& Group, has successfully gone live with the Temenos core banking platform, along with payments, digital channels, financial crime, and data platforms, on RedHat Openshift, in collaboration with Systems Limited. The unified platform establishes a modern, real-time, and scalable banking ecosystem […]
The service will be accessible through Bookme’s website, mobile apps and integrated partner platforms The initiative will reduce reliance on intermediaries, lower consumers costs and increase transparency KARACHI: The Saudi Ministry of Hajj and Umrah has partnered with Bookme travel technology platform to enable instant Umrah visa processing for Pakistani pilgrims, the travel platform said […]
The Securities and Exchange Commission of Pakistan (SECP) has signed Memoranda of Understanding (MoUs) with Askari Bank Limited and NayaPay to simplify and accelerate the process of opening corporate bank accounts in Pakistan. Under the new arrangement, companies registered with SECP will be able to access an online option allowing directors to open corporate bank […]
ISLAMABAD: JazzCash has onboarded its 1 millionth Raast QR-enabled merchant, advancing Prime Minister Shehbaz Sahrif Cashless economy initiative. Kaan Terzioglu, VEON CEO, Aamir Ibrahim, JazzCash Chairman and Murtaza Ali, CEO JazzCash, onboarded 1 millionth merchant. The milestone was marked at a retail outlet operated by the Behbud Association, a non-profit dedicated to the vocational training […]
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As commerce evolves, legacy authorization systems can become availability bottlenecks – limiting acquirers’ ability to enable new payment experiences. Visa Intelligent Authorization enables modern payment processing across major global and local card networks through a single API with uptime of 99.999%, helping eliminate the need for costly infrastructure maintenance or builds. Karachi, 25 March, 2026– […]
Lahore, 18 March 2026: In a significant step toward realizing the vision of a Digital Pakistan, Ravi Urban Development Authority (RUDA) and easypaisa digital bank have signed a Memorandum of Understanding (MoU) to promote digital financial inclusion across 93 villages under RUDA’s jurisdiction. The ceremony, held at RUDA’s Head Office in Lahore, establishes a framework […]
March 2026 | Analysis & Commentary Something fundamental is shifting in how commerce works, and most businesses in Pakistan have not noticed yet. The customer , the one who browses, compares, decides and pays ; is being replaced. Not by another human. By an AI agent acting on someone’s behalf. Agentic commerce is the next […]
Mobilink Microfinance Bank Limited has announced its intention to acquire voting shares and gain control of Apna Microfinance Bank Limited, according to a notification submitted by Arif Habib Limited to the Pakistan Stock Exchange. In connection with the proposed transaction, Arif Habib Limited has been appointed as the Manager to the Offer. The announcement was […]
JazzWorld, Pakistan’s leading integrated digital ServiceCo, has reinforced its commitment to advancing women’s digital inclusion and supporting locally relevant innovation through two strategic engagements with the GSMA ecosystem announced during Mobile World Congress (MWC) Barcelona. As part of the GSMA Connected Women initiative, JazzWorld has committed to expanding meaningful digital participation for women across its platforms […]