Islamabad, July 8, 2024 — The Mastercard Strive Women program in Pakistan is pleased to announce a new partnership with the Bank of Punjab (BOP), aiming to enhance formal financial access for women-led micro and small entrepreneurs across the country. Supported by the Mastercard Center for Inclusive Growth and implemented by CARE, Strive Women strengthens […]
MYTM LLC, a leading financial services provider from Saudi Arabia, is proud to announce its expansion into the United Arab Emirates with the opening of a new office in Dubai. This strategic move aims to bring innovative financing and payment solutions tailored to meet the unique needs of the UAE market. New Offerings: A Proud […]
June 3, 2024 — Digitt+, an innovative electronic money institution, has announced a strategic partnership with Bookme.pk, Pakistan’s largest digital ticketing platform. This groundbreaking collaboration aims to transform Bookme’s closed-loop ticketing system into an open mobile wallet using Digitt+’s proprietary open API platform. Through this partnership, Digitt+ and Bookme.pk will jointly serve over 2.5 million […]
A Revolutionary Transformation of Interoperable Payments Karachi, May 29, 2024 – In a groundbreaking move to revolutionize Pakistan’s digital payment landscape, 1LINK, in partnership with Raast, an initiative by the State Bank of Pakistan (SBP), and 13 merchant aggregators, has launched the 1GO Raast Person to Merchant (P2M) service. This significant event took place at […]
The Islamic Banking Industry (IBI) in Pakistan has achieved a significant milestone, with its total assets reaching Rs. 9 trillion, according to the latest Islamic Banking Bulletin released by the State Bank of Pakistan (SBP). The report highlights a year of remarkable growth and expansion across the sector. As of December 2023, the assets of […]
Dubai Islamic Bank Pakistan and Lulu Exchange Sign Agreement to Enhance Remittances from UAE to Pakistan Dubai Islamic Bank Pakistan (DIBP) and Lulu Exchange have entered into a strategic partnership aimed at boosting remittances from the United Arab Emirates (UAE) to Pakistan. This collaboration is set to enhance financial services and facilitate smoother cross-border transactions […]
Breaking News: Zindigi Partners with Sindh Government and Mastercard to Revolutionize Transit System in Karachi In a groundbreaking move aimed at transforming urban mobility in Karachi, Zindigi, powered by JS Bank in collaboration with the Sindh Government and Mastercard, has launched Pakistan’s first open-loop transit solution. This innovative initiative redefines travel experiences for citizens and […]
In the rapidly evolving landscape of financial technology (fintech), the integration of artificial intelligence (AI) has emerged as a key driver of innovation and transformation. Among the various AI technologies, generative AI stands out as a pivotal enabler, revolutionizing how fintech companies operate and deliver services. Generative AI, capable of producing new content or data […]
Leatherback Partners with MCB Bank to Facilitate Seamless Remittances in Pakistan and South Asia In a bid to streamline cross-border financial transactions, Leatherback, a global banking service provider, has joined forces with MCB Bank, one of Pakistan’s largest commercial banks. This strategic partnership aims to enhance accessibility to business and lifestyle opportunities in Pakistan and […]
JazzCash has announced a strategic partnership with the Securities and Exchange Commission of Pakistan (SECP) aimed at bolstering the country’s fintech ecosystem. With a focus on technical advancement, education, and regulatory enhancement, this alliance seeks to empower individuals and businesses across Pakistan. The collaboration between JazzCash and SECP marks a significant step towards advancing financial […]