Easypaisa, Pakistan’s leading digital payment platform, has launched an enhanced credit score feature on its app, marking a significant milestone in advancing financial literacy and empowering users on their digital banking journey. This innovative feature is designed to elevate consumers’ financial awareness by providing deep insights into their financial health. Users can now access personalized […]
Mobilink Bank Launches E-Bike Loans to Promote Eco-Friendly Transportation in Collaboration with PakZon Electric Motors
Islamabad – August 06, 2024: Mobilink Bank has taken a significant step towards promoting sustainable transportation in Pakistan by launching its E-Bike Loan program. This initiative, dedicated to empowering individuals with accessible and eco-friendly transportation options, was formalized through a Memorandum of Understanding (MoU) with PakZon Electric Motors (Pvt) Ltd., the country’s leading electric bike […]
Mobilink Bank Enhances Digital Banking with Temenos Core Through Strategic Partnership with Systems Limited
Mobilink Bank, Pakistan’s leading digital microfinance institution, has announced a strategic partnership with Systems Limited to modernize its core banking platform using Temenos Core. This collaboration marks a significant milestone in Mobilink Bank’s digital transformation journey, aimed at enhancing business and operational capabilities while delivering an unparalleled customer experience. As the first bank in Pakistan […]
NetSol Technologies-Led Consortium Wins Contract to Operate National Incubation Center Lahore (NICL)
Lahore —NetSol Technologies Limited (PSX: NETSOL) has secured a significant contract with IGNITE – National Technology Fund, an initiative under the Ministry of IT & Telecom, to establish and manage the operations of the National Incubation Center Lahore (NICL). The announcement was made by NetSol in a notice to the Pakistan Stock Exchange (PSX) on […]
Meezan Bank Posts Highest-Ever Quarterly Profit of Rs. 26.7 Billion in 2Q-2024
Karachi, August 8, 2024 — Meezan Bank Limited (PSX: MEBL) has reported its highest-ever quarterly earnings, recording a profit of Rs. 26.7 billion for the second quarter of the calendar year 2024 (2QCY24). This marks a significant 55% year-on-year (YoY) increase and a 5% rise quarter-on-quarter (QoQ). The result underscores the bank’s robust financial performance […]
Golootlo Pioneers Digital Transformation with 1GO Payment Service in collaboration with 1LINK and RAAST
In a world where technology is evolving at a rapid pace, businesses are constantly exploring new avenues to stay ahead. Amid economic challenges, especially in countries like Pakistan grappling with high inflation, one company is making a significant impact. Golootlo, Pakistan’s leading discount platform, is not only helping inflation-struck citizens save money but also revolutionizing […]
Telenor Velocity Partners with GSMA Innovation Fund to Empower Pakistani Startups
In a groundbreaking move set to transform the telecom landscape in Pakistan, Telenor Velocity has announced a strategic partnership with GSMA’s Innovation Fund. This collaboration is not just a convergence of two industry giants but a monumental step towards fueling economic growth in the country. By leveraging Telenor’s extensive market penetration and GSMA’s global expertise, […]
Bank Alfalah and BISP Partners to Empower Women Through Entrepreneurship and Financial Inclusion
Karachi, [Date] — Bank Alfalah, a leading commercial bank in Pakistan, has reinforced its long-standing partnership with the Benazir Income Support Programme (BISP), having been a dedicated collaborator in the digital social cash transfer initiative since 2011. This year, Bank Alfalah, in collaboration with other partner banks, has been awarded the contract to serve 7 […]
Google for Startups Launches AI Academy to Boost AI Innovation in Pakistan and APAC Region
ISLAMABAD: Google for Startups has announced the launch of AI Academy, an innovative program aimed at supporting and accelerating the growth of AI startups in Pakistan and the Asia-Pacific (APAC) region. The program will bring together over 20 startups developing AI-based technologies, fostering a vibrant AI community within APAC, and igniting cross-border innovation and partnerships. […]
SBP Merges NIBAF and IBP to Launch NIBAF Pakistan for Banking and Finance Trainings
Karachi, August 07, 2024 – The State Bank of Pakistan (SBP) has merged its two subsidiaries, the National Institute of Banking and Finance (NIBAF) and the Institute of Bankers Pakistan (IBP), to form NIBAF Pakistan. This strategic move aims to strengthen the preparation of human resources for the banking and financial sectors. SBP Governor Jameel […]