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 […]
The Board of Directors of United Bank Limited (UBL) [PSX: UBL], in its 252nd meeting held on Monday, approved the amalgamation of Silkbank Limited (SBL) with and into UBL through a share swap arrangement. The merger, undertaken in accordance with Section 48 of the Banking Companies Ordinance, 1962, aims to streamline operations and enhance value […]
Last year, Usama Sheikh, a visionary in digital transformation, successfully led the launch of BankIslami’s Foreign Currency (FCY) Debit Card, a groundbreaking product that achieved immense success. He’s reached another significant milestone by launching the Biometric Verification Application for Nadra Verification. This state-of-the-art solution enhances security, streamlines customer verification processes, and reflects the bank’s commitment […]
Karachi, November 29, 2024: The 9th Pakistan Banking Awards ceremony, held at a local hotel in Karachi, brought together senior executives and prominent figures from Pakistan’s banking and finance industry. The event was graced by the Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, who served as the Chief Guest. In his address, […]
Dubai, UAE – December 2, 2024: U Microfinance Bank (U Bank) has been recognized as the Best Microfinance Bank for Islamic Retail Banking Offerings in Pakistan at the prestigious 10th Islamic Retail Banking Awards (IRBA) hosted by Cambridge IFA. The award was received by Mr. Asim Anwar, Chief Business and Digital Officer at U Bank, […]