Paysys Labs, a trailblazer in payment technology, has announced a strategic partnership with NymCard, a leading card payment solutions provider. This collaboration is set to drive the growth of credit card services and simplify payment processes for fintechs and financial institutions. Through this partnership, Paysys Labs and NymCard aim to leverage their combined expertise in […]
In a significant move to enhance Pakistan’s digital payments landscape, OPay Pakistan (OPaisa) has entered a multi-million-dollar strategic partnership with Faysal Bank Limited, a leading Islamic Bank in the country. This collaboration aims to empower businesses of all sizes—small, medium, and large—to seamlessly adopt digital payment solutions, advancing the nation’s journey towards a cashless economy. […]
In a significant move to enhance digital payment solutions, JS Bank, Kuickpay, and 1LINK have joined forces to facilitate the bulk onboarding of billers onto the 1BILL platform. A formal signing ceremony was held at the 1LINK 1HQ, attended by senior representatives from all three organizations. The event marked the presence of Mr. Syed Jafar […]
Bitcoin crossed the $100,000 threshold for the first time on Thursday, marking a significant milestone in its journey from a niche libertarian experiment to a mainstream financial asset. The historic rally reflects growing investor confidence in cryptocurrencies amid expectations of a crypto-friendly U.S. administration. The total market value of cryptocurrencies has nearly doubled in 2024, […]
Leading banks in Pakistan are rapidly adopting CADEPO, an advanced Cash and Cheque Deposit Solution by TouchPoint, to optimize branch operations and enhance customer satisfaction. Powered by QMatch Solutions, it is transforming traditional banking by enabling seamless, 24/7 self-service cash and cheque deposit capabilities. 1 billion PKR Deposit Milestone Achievement In a remarkable achievement, CADEPO […]
HRSG, a leading name in human resource solutions, is thrilled to announce its strategic partnership with Neem, a pioneer in embedded finance solutions. This collaboration is set to redefine workplace financial services by introducing innovative offerings such as earned-wage access, lending options, and seamless payment solutions. By integrating Neem’s cutting-edge financial tools, HRSG aims to […]
Karachi, December 4, 2024 — The Securities and Exchange Commission of Pakistan (SECP) Chairman, Akif Saeed, has emphasized the country’s growing prominence in Shariah-compliant financing, stating that Pakistan’s regulatory compliance in capital markets aligns with global standards. This positions the country as a potential leader in Islamic finance. Addressing a press conference ahead of the […]
ACE Money Transfer, a global leader in the remittance industry, has been recognised by the State Bank of Pakistan (SBP) with a prestigious award for being the Fourth Largest Global Fintech by Remittance Volumes to Pakistan, reaffirming its position as a key driver of Pakistan’s remittance sectors. The award was presented at the 4th Pakistan […]
Karachi, 3rd December 2024 — MCB Bank Limited (MCB), one of Pakistan’s leading banks, has selected BPC, a global leader in payment solutions, to strengthen the security of its digital channels by implementing the BPC SmartVista Fraud Risk Management Solution. The agreement was signed by Mr. Waqas Mahmood, Chief Compliance Officer MCB, and Mr. Furrukh […]
China has witnessed a transformative leap in payment systems with the launch of Weixin Palm Payment, a cutting-edge hand-scanning technology developed by Tencent. This innovative solution simplifies daily transactions, allowing commuters to access subways and employees to enter office buildings with a quick palm scan. Introduced in May 2023 and officially launched in September, the system […]