Continuing its efforts to support the most affected communities across Pakistan, Bank Alfalah has joined hands with the Government of Pakistan’s Poverty Alleviation and Social Safety (PASS) Division to become a donor with the Ehsaas Ration Portal. Under the initiative, Bank Alfalah will be donating PKR 10 million for the provision of much-needed food supplies […]

Committed to its mission of providing quality healthcare for the community at large, Getz Pharma has launched a “Care for Heroes” initiative to safeguard the healthcare providers of Pakistan who are working selflessly to combat the pandemic. Under the umbrella of this initiative, Getz Pharma has started a disinfection drive in northern Pakistan from 9th […]

To prepare and implement a roadmap to ensure sustainable market-led financing of housing projects and mortgages in order to promote the development of housing and construction industry in the country, the Governor State Bank of Pakistan, Dr. Reza Baqir, formed a Steering Committee on Housing and Construction Finance last week. The Committee constituted members including […]

Pakistan Stock Exchange is pleased to announce that Mr. Nadir Rahman has joined (PSX) as Chief Operating Officer. Nadir has extensive, hands-on experience of capital markets in Pakistan and internationally, stretching over 29 years. His core areas of expertise are business development, operations, investment management, and corporate restructuring. He has advised on numerous capital market […]

Zopa has been awarded its full bank licence, launching at a time when consumers need financial services providers to work on their behalf more than ever.   Zopa Bank will focus on better meeting the financial needs of UK customers in sectors where they have traditionally been poorly served, while also delivering an experience that matches their […]

Statrys announces its partnership with Railsbank, the leading global open banking platform. Statrys expands its current service offerings (online business account, payments, and forex solutions) to provide local currency accounts in EUR and GBP for Asian SMEs. “We’ve banked with Statrys for a few months because we knew they would launch the local currency accounts. Having access to […]

Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million if performance targets are met. The addition of […]

Global insurer AXA has announced a new collaboration with The Western Union Company, which specializes in cross-border, cross-currency money movement and payments, to provide inclusive insurance products to Western Union’s customers. By linking insurance to money transfer services, the partnership will help to better cover migrant workers and their families at home. An initial pilot, […]

Visa Inc. (NYSE: V) today announced a digital tool to help U.S. financial institutions with their efforts to combat new account fraud – estimated at $10 billion a year – and give consumers greater peace of mind. Advanced Identity Score combines Visa’s artificial intelligence and predictive machine learning capabilities with the application and identity-related data to generate a risk score […]

OCBC Bank partners seven medical groups to launch the HealthPass by OCBC mobile app, providing access to more than 100 general practitioners (GPs) and specialists to address the healthcare needs of all Singapore residents over the age of 18, including non-OCBC Bank customers. Video consultations with both GPs and specialist doctors can be booked and […]