Meezan Bank and CashNow Join Hands to Develop Pakistan’s First Digital Islamic Supply Chain Finance Product for Suppliers – Fintech News Pakistan

Karachi, Pakistan, November 13, 2024 – Meezan Bank, Pakistan’s leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan’s pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A Memorandum of Understanding (MoU) was signed at Meezan Bank’s Head Office in the presence of senior management from both organizations. This partnership, the first…

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Faysal Funds Partners with Pakistan Startup Summit to Empower Entrepreneurs – Fintech News Pakistan

Islamabad, Pakistan – Faysal Funds, Pakistan’s first fully Shariah-compliant asset management company, took a significant step in supporting the nation’s startup ecosystem by participating in the Pakistan Startup Summit, an event powered by the Securities and Exchange Commission of Pakistan (SECP). The summit provided a dynamic platform for entrepreneurs to connect with industry leaders and…

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Standard Chartered Delivers Bespoke Solution to Support IATA EASY PAY in Pakistan – Fintech News Pakistan

Standard Chartered Bank Pakistan Launches Enhanced IATA EASY PAY Solution to Streamline BSP Ticketing and Payments for IATA Agents Islamabad, Pakistan – Standard Chartered Bank (SCB) Pakistan has rolled out an upgraded IATA EASY PAY solution, uniquely customized for the Pakistan market. This advanced solution is designed to streamline BSP ticketing and payment processes for…

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NymCard Partners with Digitt Plus to Drive Fintech Innovation in Pakistan – Fintech News Pakistan

NymCard, a global Banking-as-a-Service (BaaS) provider, has announced a strategic partnership with Digitt Plus, one of Pakistan’s premier Electronic Money Institutions (EMI). This collaboration aims to reshape the digital finance landscape in Pakistan by providing fintechs with an integrated, streamlined platform for launching wallet and card programs. As Pakistan’s digital ecosystem continues to evolve, this…

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VEON’s Cloud & Cybersecurity Platform Garaj Signs with Standard Chartered Bank in Pakistan – Fintech News Pakistan

Amsterdam, Dubai, Islamabad, 07 November 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, today announced a strategic collaboration between Jazz, VEON’s digital operator in Pakistan, and Standard Chartered Bank (SCB). Through Jazz’s enterprise solutions arm, Garaj, the partnership aims to establish a regional availability zone for SCB, reinforcing the bank’s…

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Tencent Partners with Visa to Launch Palm Recognition Payments in Singapore – Fintech News Pakistan

November 6, 2024 – Tencent has announced a strategic partnership with Visa to bring its palm recognition technology to international markets, with an initial rollout in Singapore. The service, called “Pay by Palm,” enables Visa cardholders from participating banks—including DBS, OCBC, and UOB—to make secure, contactless payments by scanning their palms. The pilot launch was unveiled at the Singapore Fintech Festival…

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dLocal Strengthens Partnership with inDrive to Redefine Payment Access in the Ride-Hailing Sector of Pakistan – Fintech News Pakistan

dLocal and inDrive Strengthen Strategic Partnership to Revolutionize Payment Solutions in Emerging Markets Partnership to Provide Seamless, Localized Payment Access Across 20+ Countries in Africa, Asia, and Latin America dLocal, a leading cross-border payment platform focused on emerging markets, has announced a major expansion of its strategic partnership with inDrive, a global mobility and urban…

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Meezan Bank Inks Agreement to Join the International Islamic Trade Finance Corporation (ITFC) to Support Private Sector – Fintech News Pakistan

Meezan Bank Partners with ITFC to Launch New Islamic Trade Facility for Pakistani Exporters Karachi, Pakistan — Meezan Bank, Pakistan’s largest Islamic bank, has signed a strategic partnership with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, to introduce the ITFC Letter of Credit (LC) Confirmation product….

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JS Bank and BankIslami partners to expand Home Remittance Payouts – Fintech News Pakistan

JS Bank and BankIslami Forge Strategic Partnership to Enhance Home Remittance Services Nationwide Karachi: In a significant move to bolster home remittance services across Pakistan, JS Bank and BankIslami have announced a strategic partnership aimed at expanding secure and convenient remittance payouts nationwide. The collaboration combines the strengths and extensive retail networks of both institutions,…

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InfraZamin Pakistan Partners with Sunridge Foods to Launch PKR 2 Billion Agri-Infrastructure Sukuk – Fintech News Pakistan

Karachi, Pakistan — InfraZamin Pakistan and Sunridge Foods Limited, a subsidiary of Unity Foods Limited, have announced a strategic partnership to launch a PKR 2 billion Agri-Infrastructure Sukuk. This Shariah-compliant financing instrument, backed by InfraZamin’s AAA-rated guarantee, will support Sunridge Foods’ efforts to enhance production capacity and adopt sustainable energy solutions. The proceeds from this…

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