BenchMatrix Implements RiskNucleus Compliance Risk Management Solution at ASA Microfinance Bank

BenchMatrix Implements RiskNucleus Compliance Risk Management Solution at ASA Microfinance Bank

August 20, 2024 – BenchMatrix, a leading management consulting firm known for its expertise in risk management, compliance, and governance, has successfully implemented its proprietary RiskNucleus Compliance Risk Management Solution at ASA Microfinance Bank (Pakistan) Limited. This strategic deployment is set to digitally transform the bank’s operations, enhancing efficiency, regulatory compliance, and adherence to best […]

Bank Makramah Partners with Avanza Solutions

Bank Makramah Partners with Avanza Solutions to Empower the Future of Banking with Novus Suite

Karachi, August 19, 2024 – Bank Makramah Limited (BML) has announced a strategic partnership with Avanza Solutions to enhance its banking services through the integration of the cutting-edge Novus Suite. This partnership marks a significant milestone in BML’s journey to provide its customers with a more personalized and secure banking experience. A formal signing ceremony […]

U Bank and Fri-Chicks Sign MoU

U Bank and Fri-Chicks Sign MoU to Facilitate Existing Franchises & Future Expansion

Lahore, Pakistan – U Microfinance Bank, a wholly-owned subsidiary of Pakistan Telecommunication Company Limited (PTCL), has announced a strategic partnership with Fri-Chicks, one of the fastest-growing fast-food chains in Pakistan. This collaboration aims to facilitate the rapid expansion of Fri-Chicks’ franchise network through the provision of working capital term loans, along with cash collection and […]

Rapid Partners with Sunshine Technologies

Rapid Partners with Sunshine Technologies for Advanced Banking Solutions

Rapid, Pakistan’s leading in-country cloud service provider, has announced a strategic partnership with Sunshine Technologies, a key player in banking and data analytics solutions. This collaboration is set to deliver a comprehensive suite of Sunline’s banking and data management solutions, uniquely tailored to meet the specific needs of Pakistan’s financial sector. The partnership aims to […]

Paymob Launches Advanced Global Checkout with 20+ Payment Methods Across Egypt, UAE, Saudi Arabia, Oman, and Pakistan

Paymob Launches Advanced Global Checkout with 20+ Payment Methods Across Egypt, UAE, Saudi Arabia, Oman, and Pakistan

Paymob has unveiled its latest innovation: a state-of-the-art Global Checkout solution now available in Egypt, UAE, Saudi Arabia, Oman, and Pakistan. This powerful tool supports over 20 payment methods, including OTP-less options like Apple Pay and Google Pay, ensuring a seamless payment experience for merchants and customers alike. The new Checkout is designed to offer […]

Easypaisa Unveils Enhanced Credit Score Feature to Boost Financial Literacy for Users

Easypaisa Unveils Enhanced Credit Score Feature to Boost Financial Literacy for Users

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

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 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 […]

Meezan Bank Posts Highest-Ever Quarterly Profit of Rs. 26.7 Billion

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

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 […]