Paysys Labs, a trailblazer in payment technology, has announced a strategic partnership with NymCard, a leading card payment solutions provider. This collaboration is set to drive the growth of credit card services and simplify payment processes for fintechs and financial institutions. Through this partnership, Paysys Labs and NymCard aim to leverage their combined expertise in […]
Faysal Bank & OPay Sign-up Multi-million Dollar Agreement for expanding Digital Merchant Acceptance
In a significant move to enhance Pakistan’s digital payments landscape, OPay Pakistan (OPaisa) has entered a multi-million-dollar strategic partnership with Faysal Bank Limited, a leading Islamic Bank in the country. This collaboration aims to empower businesses of all sizes—small, medium, and large—to seamlessly adopt digital payment solutions, advancing the nation’s journey towards a cashless economy. […]
JS Bank, Kuickpay, and 1LINK Collaborate to Streamline Bulk Biller Onboarding on 1BILL
In a significant move to enhance digital payment solutions, JS Bank, Kuickpay, and 1LINK have joined forces to facilitate the bulk onboarding of billers onto the 1BILL platform. A formal signing ceremony was held at the 1LINK 1HQ, attended by senior representatives from all three organizations. The event marked the presence of Mr. Syed Jafar […]
Engro Partners with VEON Jazz to Expand Telecommunication Infrastructure in Pakistan
Karachi, December 6, 2024: Engro Corporation is pleased to announce a strategic partnership with Pakistan Mobile Communications Limited (“Jazz”) and its parent company VEON Group, marking a significant step forward in expanding Pakistan’s digital connectivity. This initiative aims to drive affordable, widespread access to telecommunication services, supporting national efforts to bridge the digital divide. Through a […]
PMIC and Partners Launch “Informal to International (I2I)” Project to Empower Women Entrepreneurs
The Pakistan Microfinance Investment Company (PMIC), in collaboration with Jazz, Daraz, MG Apparel, and TCS, supported by the Champions of Change Coalition (CCC), has signed a Memorandum of Understanding (MoU) to launch the “Informal to International (I2I)” project. This project aims to empower 150 women entrepreneurs in district Bahawalpur by transitioning their businesses from local […]
Bitcoin Surges Past $100,000 Cementing Role in Financial Mainstream
Bitcoin crossed the $100,000 threshold for the first time on Thursday, marking a significant milestone in its journey from a niche libertarian experiment to a mainstream financial asset. The historic rally reflects growing investor confidence in cryptocurrencies amid expectations of a crypto-friendly U.S. administration. The total market value of cryptocurrencies has nearly doubled in 2024, […]
TouchPoint CADEPO is Transforming Branch Operations and Enhancing Customer Experience for Leading Banks Across Pakistan
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 Partners with Neem to Revolutionize Workplace Financial Solutions
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 […]
Pakistan ready to take the lead in Shariah-compliant financing; says SECP Chief
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 Fintech Recognised by SBP for Remittance Volume to Pakistan
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 […]