Moving forward in its digital transformation strategy, Kuwait Finance House (KFH), the world-leading Islamic financial institution, has signed an agreement with Aion Digital, a digital-first banking platform, to transform all functions of Retail and Corporate Banking services at the bank. Under this agreement, KFH will drive its expansion plans through the digitization of its Retail […]

Path Solutions, the global Islamic banking software company, announced it has been awarded ‘Best Islamic Fintech Solution Provider’, whereas Mohammed Kateeb, the company’s Group Chairman & CEO won the ‘Islamic Fintech Leader Of The Year’ award of the FINTECH Prize 2020. Kateeb is an industry veteran with over 30 years of experience having served in various […]

State Bank of Pakistan (SBP) has issued a regulatory framework to facilitate Business-to-Consumer (B2C) e-Commerce exports from Pakistan. Under the new regulatory framework, the mandatory requirement of ‘Export’ (E) form has been done away with and now an exporter can export goods up to USD 5,000/- per consignment without the requirement of ‘E’ Form. This […]

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 […]

Silkbank has won the award for ‘Best Innovation in Retail Banking Pakistan 2020’ at the International Bankers Awards. The bank maintains a strong foothold in numerous locations around the country with 123 branches in 39 cities – a presence that is greatly enhanced by our determination to incorporate every aspect of digital innovation. Silkbank’s retail-banking […]

Bookme.pk – Pakistan’s number one e-ticketing platform in the transportation and entertainment sectors – has announced today that they are now live with Samba Bank’s Digital Banking application called Samba Smart, offering e-ticketing services for Buses, Airlines, Cinemas, and Events to Samba Bank customers across Pakistan. This partnership aims to establish convenient and efficient e-ticketing […]

Mohsin Ahmed, CEO at Pakistan Microfinance Network (PMN), shares strategies to overcome low financial inclusion in Pakistan and how they are supporting members to promote innovation and entrepreneurship. Ahmed while discussing the affects to recent pandemic on Pakistani economy says, “The bigger challenge on the macro front is to interact with the global economy as […]

Banque Populaire de Mauritanie (BPM), one of the leading banks in Mauritania launched a mobile banking service called Bankily earlier this year. The service has received a positive response from consumers. With banking penetration around 30%, Bankily is helping to modernize banking and payments in Mauritania and encouraging financial inclusion in the country. The service is powered by Comviva’s […]

Bank Alfalah & National Institutional Facilitation Technologies (NIFT) announced their strategic collaboration on NIFT’s digital financial services platform “NIFT ePay”, which is an industry first, enabling bank accounts for e-commerce across the banking industry. NIFT’s partnership with Bank Alfalah is unique and multidimensional; the Bank has supported in the realization of this new ecosystem by […]

Naureen Hyat Co-Founder & Business Head from Tez Financial Services while in conversation with Daily NewsPK elaborated on how they are focusing on financial inclusion and providing basic financial services to the masses.  1. What led you to create ‘Tez Financial’? When was it founded? Over 150 Million people do not have access to financial […]