Mobilink Microfinance Bank Limited, VEON’s financial services arm and the largest digital bank in Pakistan, launched three major microfinance initiatives as part of its continuing efforts to financially empower women entrepreneurs and to support small and medium-sized farmers in the country. The initiatives were formally launched by VEON Group CEO, Kaan Terzioglu, during his recent […]

Wise Platform has launched our newest integration solution, International Receive. From today, customers at partner organisations using International Receive will be able to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT network. SWIFT allows banks to speak to one another using financial messages. The network carries over […]

The strategic alliance with 1LINK will enable EZ Wage to access all member banks on 1LINK’s portal and will facilitate 24/7 disbursement in real time when employees opt to withdraw a portion of their earned wages using the state-of-the-art EZ Wage mobile application. Singapore-based EZ Wage is one of the first financial wellness platforms in […]

After successfully obtaining the In-Principle Approval from the State Bank of Pakistan for an Electronic Money Institution (EMI) license, YAP Pakistan has now entered into a strategic partnership with Faysal Bank to introduce digital financial services through the Fintech Express program. Faysal Bank’s Fintech Express program is focused on identifying and fostering fintech startups with […]

Allied Bank, Euronet Pakistan, and Giift Management Asia PTE have entered into a strategic partnership to introduce first of its kind Enterprise Loyalty Solution in Pakistan whereby Allied Bank’s customers will be able to earn and redeem reward points both in domestic and international markets. The solution will have a marketplace offering a variety of products for […]

The Bank of London, the world’s first purpose-built global clearing, agency and transaction bank, has teamed up with SAP Fioneer, a leading global provider of financial services software solutions and platforms, to transform and simplify global clearing and transaction banking.  The Bank of London is the UK’s second clearing bank authorised in the last 250 […]

CanDeal Group (“CanDeal”), a leading operator of Canadian market and infrastructure services, has partnered with five of Canada’s largest domestic banks to deliver a comprehensive, centralized Know Your Client (“KYC”) solution to the Capital Markets Industry. The landmark collaboration mutualizes many of the costs and efforts of complying with KYC requirements and The Proceeds of […]

Faysal Funds, a subsidiary of Faysal Bank Limited, has launched its mobile application. The app is easy to use and designed with the aim to strengthen financial freedom and create a seamless investing experience for existing and potential mutual fund investors. This mobile app is yet another initiative of Faysal Funds with a view to […]

10x Banking (10x), the financial technology firm that is disrupting the core banking sector, announces that it will deepen its partnership with Westpac, to launch a market-leading transaction banking platform for the bank’s institutional clients. 10x Banking is going from strength to strength with clients across three continents including the successful launch of Westpac’s Banking […]

Mobilink Microfinance Bank Limited (MMBL) has become the only microfinance institution in Pakistan to secure a ‘Positive Outlook’ credit rating from Pakistan Credit Rating Agency (PACRA) as per its latest Credit Rating Assessments issued on April 30, 2022. Moreover, MMBL is also one of the only two banks attaining a Positive Outlook in the overall […]