PAKISTAN: Over PKR 5 billion has been deposited through TouchPoint’s CADEPO, powered by QMatch, across Pakistan’s retail sector. This advanced Cash & Cheque Deposit Solution (CCDM) has enabled Faysal Bank retail customers to conveniently access 24/7 real-time deposit services, reducing reliance on branch counters and enhancing overall banking efficiency. CADEPO powered by QMatch combines reliability, […]
The Bank of Punjab (BOP), proudly announced the official launch of its state-of-the-art SME lending product, “BOP SME Digital Finance,” at a prominent event held in Karachi. The launch marks a significant milestone in Pakistan’s financial sector, reinforcing the bank’s commitment to nurture inclusive and digitalized financial solutions for small and medium enterprises (SMEs). The […]
AdalFi has announced two senior appointments that signal aggressive growth from Pakistan into wider MEA markets. The company has hired Ian Read as Head of Credit Excellence and Emre Unlusoy as Head of Sales for MEA. The move aligns with rising demand for modern credit infrastructure as banks in Pakistan pursue faster digital onboarding and […]
Bookme, a Pakistani e-ticketing platform, offers online bookings for flights, hotels, movies and events The company entered Saudi Arabia in 2024, aims to generate $20 million annually from expansion in Kingdom ISLAMABAD: Bookme, a Pakistani e-ticketing startup, said on Sunday it aims to reach one million subscriber base in Saudi Arabia this year after signing […]
KARACHI: The Board of Directors of TPL Corp Limited has granted in-principle approval for VEON Group’s proposed acquisition of TPL Insurance Limited, a subsidiary of TPL Corp. According to a notification to the Pakistan Stock Exchange (PSX), the approval was given during a board meeting held earlier today. The board also authorized the company to […]
Karachi, 8 September: The Central Depository Company of Pakistan (CDC) has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, marking another milestone in enabling secure and instant investor fund transfers. This strategic initiative further advances CDC’s mission of fostering digitalization, transparency, and operational efficiency in Pakistan’s capital market. The formal signing ceremony was […]
KARACHI: Faysal Bank Limited (FBL), in collaboration with its China-based fintech partner OPay, has surpassed a major milestone by processing over PKR 100 billion in digital retail payments within a short span of time. The achievement highlights Faysal Bank’s progressive strategy to strengthen its position in Pakistan’s digital payments landscape and accelerate the shift toward […]
Alibaba.com, a leading global B2B e-commerce platform, has entered into a Memorandum of Understanding (MoU) with Ignite – National Technology Fund, under Pakistan’s Ministry of Information Technology & Telecommunication (MoITT), to strengthen Pakistan’s digital economy and expand global opportunities for small and medium-sized enterprises (SMEs) and startups. The MoU was signed in Beijing during 2nd Pakistan-China B2B Investment Conference by […]
KARACHI: In a major step towards digital banking, the State Bank of Pakistan (SBP) has directed banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch networks are equipped with Cash Deposit Machines (CDMs) by calendar year 2028. The directive is part of SBP’s broader strategy to accelerate self-service banking […]
Islamabad, Gulberg Greens — 4th Sep, 2025 The Bank of Khyber (BoK) has officially launched its Mastercard Debit Card portfolio at an exclusive ceremony held at the Bank’s Boardroom in Gulberg Greens. The event was attended by Mr. Hassan Raza, Managing Director & CEO of BoK, along with Senior Management of BOK, & Mr. Arslan […]