Nordic challenger bank Lunar has launched accounts and cards designed to help teenagers between 15 to 17 years old to offer to help them teach about money management. So they can manage their allowances, salary, and money on their own account. Teenagers will be able to sign up for an account themselves. The new service […]

“The new players will be tested now on their robustness and their ability to continue to be the innovators in the industry. It’s a challenge for them but with the silver lining of the opportunity when truly innovative digital services can now be offered”, expressed financial service industry expert from Europe, Middle East and Africa, […]

“With the current pandemic, banks and financial institutions need technologies and solutions in place that can scale and get up and running in a matter of hours while balancing a seamless customer experience”, expressed Charbel George Diab, Managing Director – OneSpan Middle East FZE and Regional Sales Director – Middle East, Africa, Turkey, Central Asia […]

“We are witnessing a rising demand for online shops and e-commerce internationally but in Pakistan as well”, said Idrees Butt, Founder & CEO at RLTSquare, during an exclusive Q&A session with our Editor in Chief and shared his insights on the impact of COVID-19 outbreak on the overall economy and e-Commerce landscape in Pakistan. 1. […]

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 […]

  PayMaya has launched its latest mobile payment innovation which allows merchants to easily and quickly receive QR and online payments from their customers. The new PayMaya Negosyo app enables MSMEs (micro, small and medium enterprises) to easily accept QR and other forms of digital payments using their smartphones even if they don’t have an […]

  “Customers would be right in withdrawing trust, had we shut down and not helped them in this time and just managed our own risk”, expressed Kabeer Naqvi, President, and Chief Executive Officer at U Microfinance Bank Limited, during an exclusive Q&A session with our editor in Chief on the impact of COVID-19 on the […]

Social welfare programs are a critical and challenging subject for developing countries such as Pakistan. Constrained by limited funds, reach and effective management, the Government is caught between a rock and a hard place when it comes to deciding where and how to deploy its resources, especially in times of crisis. In these scenarios, individual […]

“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 […]

“Overall, working from home and going truly digital has been a pleasantly successful exercise for our organisation”, expressed Ahmed Fraz, Group CEO, Wavetec, during an exclusive Q&A session with our editor in Chief while sharing his insights on the impact of COVID-19 outbreak on the global financial landscape. 1. How is COVID-19 impacting operations? And […]