The technology-based Artificial Intelligence (AI) holds similar power to transform industrialization to next-generation like the discovery of electricity did in the 20th century and Pakistan has initiated a number of AI-driven projects to mitigate the risk of several natural and manmade crises. “Some consider AI to be on par with what we saw with the […]

Seham ElBehissy, General Manager – Digital & Connected Cars at Renault Middle East shares how rapidly the technology is changing automotive industry and what our future will be like with cars becoming an integral part of connected & smart living solutions. El Behissy says, “Voice recognition and personal assistants, combined with the launch of 5G […]

The State Bank of Pakistan (SBP) has allowed banks to release a maximum amount of $200,000 per year as payment for digital services provided by foreign companies. In order to ease of doing business in the country, the central bank on Thursday issued a new mechanism for payments to globally recognized digital service provider companies […]

  “The situation has challenged the existing financial practices and has brought in new opportunities as well”, said Yasum Mirza, Chief Business Officer at Access Group (DigitalPass), during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 in their business and on the financial sector in Pakistan. 1. How do […]

The Islamabad High Court (IHC) has given the federal government two weeks to submit its reply over the absence of quality e-commerce services in Pakistan. Athar Minallah, the Chief Justice of IHC has issued notices to the information technology and commerce sectors for remaining unsuccessful to meet the needs as quoted by the e-commerce policy, […]

Mastercard announced that Amazon customers in 12 countries across North America, Latin America, Middle East and Europe will have their stored card credentials tokenized. By replacing a consumer’s physical card number with a token, payment information is unique to each individual transaction and can be used only by the merchant that requested it. Amazon will […]

Amid the coronavirus crisis and its impact on the retail industry, today the retail giant,  Walmart, quietly announced in its quarterly report that it would be discontinuing Jet.com, the online-only marketplace. it bought in 2016 for $3 billion as part of its attempts to better compete with rival Amazon online, an area that Amazon excels […]