JazzCash Unveils New Brand Identity and Redesigned App User Interface

JazzCash Unveils New Brand Identity and Redesigned App User Interface (UI)

ISLAMABAD: JazzCash, Pakistan’s largest fintech platform, has introduced a new brand identity and a redesigned app user interface (UI) aimed at enhancing the customer experience, according to a press release issued by the company. The refreshed look reflects JazzCash’s commitment to financial inclusion and innovation. The new brand identity and UI were unveiled during an…

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JS Bank Launches Priority Banking Services Nationwide to Enhance Client Experience – Fintech News Pakistan

JS Bank, one of Pakistan’s fastest-growing financial institutions, has unveiled its new Priority Banking services, a bespoke offering designed to cater to the unique needs of its most valued clients. The initiative reflects the bank’s focus on delivering personalized solutions that elevate the overall banking experience. The newly launched Priority Banking services offer a range…

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Moody Upgrades Ratings of 5 Pakistani Banks to Positive

Moody Upgrades Ratings of 5 Pakistani Banks to Positive

Moody’s Investors Service has upgraded the long-term deposit ratings of five leading Pakistani banks—Allied Bank Limited (ABL), Habib Bank Limited (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP), and United Bank Limited (UBL)—from Caa3 to Caa2. This rating action reflects the improved creditworthiness of Pakistan, following the recent upgrade of the country’s sovereign…

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Women Entrepreneurship Day

Women Entrepreneurship Day: JazzCash aims to Empower 300K Women-led Businesses, Freelancers by 2027

KARACHI – Pakistan’s leading fintech platform, JazzCash, has announced an ambitious goal to empower more than 300,000 women-led businesses and women freelancers by the end of 2027. This initiative underscores JazzCash’s commitment to recognizing the pivotal role women play in driving economic productivity and innovation in Pakistan. Currently serving over 44 million customers, JazzCash has…

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Faysal Bank launches market-first ‘i-Faysal’ AI Virtual Assistant powered by Alara

Faysal Bank launches market-first ‘i-Faysal’ AI Virtual Assistant powered by Alara

Karachi: Faysal Bank Limited, one of Pakistan’s leading Islamic banks, has partnered with the global tech firm wAI Industries to launch the country’s first AI-powered virtual assistants, powered by wAI’s innovative solution, ‘Alara’. The groundbreaking ‘Agentic Reasoning Platform’ by Alara is designed to enhance customer experience through advanced AI capabilities. The platform offers features such…

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Farmdar Secures Pre-Series A Funding

Farmdar Secures Pre-Series A Funding Led by Silicon Valley’s Moment Ventures

Palo Alto, California – October 4, 2024Farmdar, an agritech startup leveraging AI and space technologies to optimize agricultural productivity, has successfully raised a pre-Series A funding round led by Silicon Valley-based venture capital firm, Moment Ventures. The round also saw participation from existing investor Indus Valley Capital. This marks the first Silicon Valley-led investment in…

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Alibaba.com Launches Trade Assurance Service in Pakistan to Boost SME Confidence

Alibaba.com Launches Trade Assurance Service in Pakistan to Boost SME Confidence

ISLAMABAD – Alibaba.com, a global leader in business-to-business (B2B) e-commerce, has launched its Trade Assurance service in Pakistan, aimed at empowering small and medium-sized enterprises (SMEs) to trade with greater confidence. This makes Pakistan one of the select markets globally where the platform has introduced this valuable service for suppliers. The announcement was made at…

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UBL Gets Board Approval to Merge With Silkbank

UBL submits Merger Offer to Silkbank

KARACHI: United Bank Limited (UBL), one of Pakistan’s largest commercial banks, has formally submitted an offer to amalgamate Silkbank Limited, proposing to merge Silkbank’s operations into UBL. The development was disclosed in a notice sent to the Pakistan Stock Exchange (PSX) on Friday. In its statement, UBL shared, “Further to our disclosure dated 28 April…

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HBL Forges Strategic Alliance with Shaukat Khanum Hospital

HBL Forges Strategic Alliance with Shaukat Khanum Hospital to Enhance Their Financial Operations

In a significant development, Habib Bank Limited (HBL) has inked a strategic partnership with Shaukat Khanum Hospital aimed at optimizing cash management and payroll processes. This collaboration underscores HBL’s unwavering commitment to pioneering solutions and fortifying critical healthcare infrastructure. HBL, a leading financial institution renowned for its innovative approach, has entered into a strategic alliance…

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NBP collaborates with BenchMatrix on Governance, Compliance

NBP collaborates with BenchMatrix on Governance, Compliance

KARACHI: The National Bank of Pakistan (NBP) has joined forces with BenchMatrix to implement the Risk Nucleus Governance, Risk, and Compliance (GRC) System, marking a significant step in the bank’s digital transformation journey. This collaboration aims to enhance operational efficiency, ensure regulatory compliance, and reinforce adherence to compliance risk management and industry standards. The adoption…

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