Banco Santander announced it is accelerating the rollout of eco-friendly cards in the Europe region, reinforcing its commitment to sustainable and responsible banking and supporting its green transition. By 2025, all debit, credit, and pre-paid cards across Poland, Portugal, Spain, and the UK will be made of sustainable materials, such as recycled PVC or corn-based […]

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 […]

UnionPay International, Wemsol Private Limited and Bank AL Habib jointly announce today the launch of UnionPay QuickPass (NFC/Contactless and HCE) acceptance on Keenu POS terminals in Pakistan, where consumers can make safe and quick payments by tapping their UnionPay cards at KEENU POS terminals at more than 7,000 merchant locations in Pakistan. This is the […]

Banco Santander will be hiring 3,000 IT professionals worldwide this year to support its commercial, technological, and digital transformation. As part of the bank’s strategy to leverage its global scale and grow its customer base and revenues, Santander confirmed at its Investor Day in 2019 plans to invest over €20 billion in its digital transformation […]

“The incumbents will of course pull through, but will become even more risk-averse. They may innovate slightly to accept life post-COVID, but not as much as FinTechs”, expressed Akmal Saleem, Co-Founder and CEO, Getrizq – UK, while discussing the landscape of financial sector and digital banking during an exclusive Q&A session with Daily NewsPK under […]

Webdnaworks (Pvt) Ltd (WPL) is the State Bank of Pakistan’s (SBP) licensed and regulated Payment System Operator (PSO) and Payment Service Provider (PSP). WPL has been granted this full commercial license for the installation of White Label ATMs across Pakistan. WPL plans to roll out 600 ATMs over the next two years, and are willing to […]

“Our customers have always been our highest priority, but even more so during these unprecedented times”, mentioned Mohsin A. Qureshi, Chief Operating Officer at Cheetay, while expressing his point of view on the impact of COVID-19 outbreak on e-commerce landscape in Pakistan during an exclusive Q&A session with Daily NewsPK. 1. How do you see […]

“As part of our focused  campaign on Askari Digital, our objective is not only on enhancing digital channel utilisation, but we are also working on creating the necessary awareness regarding these mediums to hand hold our customers during this paradigm shift”, said Asim Bashir, Country Head – Digital Banking at Askari Bank Limited, while discussing the landscape of […]

  Adnan Ali, Chief Executive Officer at apps shares the journey of creating a disruptive platform for payments in Pakistan and discusses the vision for future initiatives.

  Syed Ahsan Aslam, Head of Disruption at 1LINK discusses the recent initiatives taken by the organization with Daily NewsPK.