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 International Air Transport Association (IATA) agents across the country, offering them a seamless, efficient, and closed-loop payment mechanism. The […]
NymCard Partners with Digitt Plus to Drive Fintech Innovation in 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 […]
VEON’s Cloud & Cybersecurity Platform Garaj Signs with Standard Chartered Bank in 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 […]
Tencent Partners with Visa to Launch Palm Recognition Payments in Singapore
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 […]
dLocal Strengthens Partnership with inDrive to Redefine Payment Access in the Ride-Hailing Sector of Pakistan
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 services platform. This collaboration aims to address critical financial inclusion and payment challenges […]
Meezan Bank Inks Agreement to Join the International Islamic Trade Finance Corporation (ITFC) to Support Private Sector
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. This collaboration marks Meezan Bank as the first Pakistani bank to partner with ITFC […]
JS Bank and BankIslami partners to expand Home Remittance Payouts
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, promising improved accessibility and service for remittance beneficiaries. Under the partnership, JS Bank […]
InfraZamin Pakistan Partners with Sunridge Foods to Launch PKR 2 Billion Agri-Infrastructure Sukuk
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 […]
Qatar’s Dibsy and QNB Launch World’s First Biometric-Enabled Visa Click to Pay Solution
Doha, Qatar: Dibsy, a prominent payment solutions provider, has partnered with QNB, the largest financial institution in the Middle East and Africa, to unveil an enhanced version of Visa Click to Pay for retailers in Qatar. This pioneering collaboration marks the first global implementation of Click to Pay with biometric authentication, establishing a new benchmark […]
ABHI, FlowHCM collaborate to offer EWA to employees
KARACHI: ABHI, a leading embedded finance platform, has partnered with FlowHCM, Pakistan’s fastest-growing HRM/HCM software, to offer employees of mutual clients a comprehensive suite of financial services. This includes real-time access to earned wages, payroll financing, and additional financial tools to enhance employees’ financial well-being. At the core of this partnership is a shared commitment […]