MCB Bank partners with BPC to strengthen Digital Security with AI-powered SmartVista Fraud Risk Management Solution – Fintech News 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…

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MCB Bank Reports Massive Rs. 95.1 Billion Profit before Tax for First 9 Months-2024 – Fintech News Pakistan

Board declares Rs. 9.00 per share dividend; Total dividend reaches Rs. 27.00 per share for the nine months. MCB Bank Limited (MCB) has announced its financial results for the nine-month period ending September 30, 2024, demonstrating strong performance across all key financial indicators. The Bank’s Board of Directors, chaired by Mian Mohammad Mansha, approved the…

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MCB Bank Gets Approval to Convert 39 Branches Into Islamic Banking Entities – Fintech News Pakistan

MCB Bank Receives Shareholder Approval for Transfer of 39 Branches to Islamic Operations Karachi, July 8, 2024 – MCB Bank Limited (PSX: MCB) has secured shareholder approval to incorporate 39 branches, along with all associated rights and obligations, into its Islamic banking operations. This significant development was communicated to the Pakistan Stock Exchange (PSX) on…

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PITB, MCB Bank, and Mastercard Partner to Digitize Government Payments in Pakistan – Fintech News Pakistan

In a groundbreaking move to revolutionize financial transactions within the public sector, the Punjab Information Technology Board (PITB), MCB Bank, and Mastercard have signed a Memorandum of Understanding (MoU) to digitize payments in Pakistan. The agreement was signed by PITB ADG Khurram Mushtaq and MCB Bank Group Head Shahzad Ishaq, marking a significant step towards…

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