Mambu, the market-leading cloud banking platform, has partnered with Currencycloud, the leader in providing embedded B2B cross-border solutions, to provide platform clients a greater ability to grow and be transparent with global payments. This partnership brings together two like-minded organizations to deliver out-of-the-box banking capabilities. By integrating Mambu’s true SaaS banking platform with Currencycloud’s suite of […]

Oxbury, UK’s bank for farming and food and latest SME-focussed fintech, has selected ClearBank cloud-based banking platform as its provider for clearing and payments.  Oxbury was granted a banking license in early 2020 and is planning on offering bespoke lending products aimed at an agricultural audience. Its first flagship product is called Oxbury Farm Credit, […]

Karachi, June 12th, 2020: Growing from strength to strength, JS Bank reported profit before tax of PKR 628.5 million for the quarter ended March 31, 2020, as compared to profit before tax of PKR 54.7 million over the corresponding period last year, an incredible 1000% increase. Profitability showed a marked increase primarily due to markup […]

In order to improve utilization of Risk Sharing Facility under SBP ROZGAR scheme, Governor SBP, Dr. Reza Baqir, held an online meeting with the Presidents of Chambers of Commerce and Industries of the 15 regions where SBP(BSC) offices are located. At the outset, the Governor highlighted that facilitation of the business community is a priority […]

HBL and the Pakistan Post Office Department (PPOD) have entered into a 20-year strategic alliance to further financial inclusion by leveraging digital technology. Under this agreement, HBL will provide investments in the form of technology, infrastructure, and capacity enhancement to the PPOD with the objective of enabling, technology-based and regulatory compliant digital, financial services in […]

MoneyGram International, a global leader in cross-border P2P payments and money transfers, today announced that it has entered into a strategic partnership with Al Rajhi Bank, the largest Islamic bank in the world, and Tahweel Al Rajhi, the remittances arm of Al Rajhi Bank, to provide money transfer services in Saudi Arabia. The partnership covers […]

Bookme Tickets Pvt Ltd (Bookme.pk) and 1LINK (Pvt) Limited (1LINK) have partnered for 1LINK – 1BILL aggregation services to simplify digital payments for Bookme.pk’s 4.5 Mln customers across Pakistan. This partnership aims to cater to the growing consumer demand for convenient and cost-effective digital payment options. This strategic partnership will further drive the digital payments […]

      NetGuardians, renowned for its AI risk platform that combats banking fraud, announced a new partnership with leading cloud banking platform Mambu. The new partnership focuses on digital payment fraud, meaning that NetGuardians’ state-of-the-art fraud-mitigation software will be available to Mambu’s customers for seamless integration into the core banking platform. Mambu currently has more […]

Telenor Microfinance Bank’s mobile banking platform, Easypaisa has been awarded by Global Finance Magazine as ‘The Innovators 2020’ in the field of Payments. The Easypaisa App has been recognized for consistent efforts in forging new paths and introducing distinct yet sophisticated tools to tackle modern issues in Finance. ‘The Innovators 2020’ is a platform that […]

Mobilink Microfinance Bank has recorded double-digit growth of 12% year-on-year in 2019 with a handsome increase in its values of assets, deposits, and loan portfolio. The bank’s profits increased to Rs. 920million in 2019 from Rs. 818 million in 2018, showing an increase of Rs. 102 million. The microfinance bank maintained the highest profit values […]