In a significant move aimed at advancing digital banking solutions in Pakistan, MCB Bank has entered into a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for its expertise in processing secure electronic financial transactions. The signing ceremony, presided over by MCB Bank President & CEO, Mr. Shoaib Mumtaz, and attended by […]
JazzCash Introduces Islamic Savings: A Pioneering Fintech Initiative in Pakistan New Product Empowers Customers to Invest in Future with Confidence, Aligned with Islamic Ethos In another pioneering move within Pakistan’s fintech landscape, JazzCash has unveiled “Islamic Savings,” a groundbreaking product designed to empower customers to invest in their future while adhering to Islamic principles. The […]
In a groundbreaking move aimed at revolutionizing Pakistan’s agriculture sector, The Bank of Punjab (BOP) and Karandaaz Pakistan have joined forces in a strategic alliance under Karandaaz’s inaugural Digital Financing for Agriculture (DFA) Challenge 2023. The landmark agreement, signed on April 1, 2024, marks the commencement of a pioneering initiative geared towards enhancing digital agriculture […]
In a strategic move to bolster its presence in the financial sector, Pakistan State Oil (PSO) has secured a significant milestone as its fully-owned subsidiary, Cerisma Pvt Limited, receives approval from the State Bank of Pakistan (SBP) to establish an Electronic Money Institution (EMI). The banking regulator has granted an in-principle approval to Cerisma for […]
In a groundbreaking move towards social empowerment, Bank Alfalah, one of Pakistan’s leading commercial banks, has announced the expansion of its collaboration with the Benazir Income Support Programme (BISP). This initiative is set to facilitate digital social cash transfers for 4.4 million women beneficiaries across Pakistan over the next three years. Driven by a steadfast […]
JazzCash has announced a strategic partnership with the Securities and Exchange Commission of Pakistan (SECP) aimed at bolstering the country’s fintech ecosystem. With a focus on technical advancement, education, and regulatory enhancement, this alliance seeks to empower individuals and businesses across Pakistan. The collaboration between JazzCash and SECP marks a significant step towards advancing financial […]
In a significant move towards revolutionizing fuel management in Pakistan, Gorex Pakistan and My Petroleum Pvt Limited have joined forces in a Memorandum of Understanding (MOU) signing ceremony. Led by the vision of innovation, CEOs Syed Riaz Ud Din of Gorex Pakistan and Tariq Wazir Ali of My Petroleum are set to pioneer a digital […]
In a proactive move to combat the spread of false information, ABS & Co, a prominent law firm in Pakistan, has announced the issuance of ‘instant legal notices’ against individuals responsible for disseminating misleading news concerning M/s Telenor Microfinance Bank Limited, commonly known as Telenor Bank or Easypaisa. The directive, directed at individuals involved in […]
In a groundbreaking development, Zarai Taraqiati Bank Limited (ZTBL) has unveiled its latest innovation, the DigitalApp, catering to the needs of its esteemed clientele. This cutting-edge application promises enhanced convenience, speed, and security for its valued customers. With the launch of the DigitalApp, ZTBL has taken a significant leap forward in its commitment to providing […]
The Pakistan Banks’ Association (PBA) is delighted to announce the appointment of Mr. Zafar Masud, President & CEO of the Bank of Punjab (BOP), as the esteemed new Chairman of the Association. This transition follows the elevation of Mr. Muhammad Aurangzeb, the incumbent PBA Chairman, to the esteemed role of Federal Minister of Finance and […]