Railsbank has launched Embedded Finance Experiences, the new category and vision represents the next phase of growth for embedded finance, moving away from basic banking, card or financial products to deeper and richer financial experiences. Research commissioned by Railsbank has uncovered growing demand for new and improved financial experiences and better rewards from consumers. It […]

MIDBANK, a universal bank in Egypt providing retail, corporate, and investment banking services, has selected Temenos’ open banking platform to power its digital transformation. The bank will implement Temenos Transact as its core product and Temenos Infinity digital banking platform to replace its legacy systems and streamline its systems and processes as part of a […]

CloudBees has been selected by HSBC as its software delivery platform provider, supporting the bank to provide faster, easier and more secure banking to its customers. The agreement includes all components of the CloudBees Platform including continuous integration, continuous delivery, release orchestration, and feature management capabilities. HSBC operates a hybrid cloud environment, both off- and on-premise, necessitating the need […]

President & CEO of U Microfinance Bank Limited Mr. Kabeer Naqvi and President & CEO of Bank Alfalah Limited, Mr. Atif Bajwa, signed off a strategic partnership to promote financial inclusion in the country. This new relationship not only strengthens the bond between both banks, but also promises to open up multiple avenues for collaboration, […]

Finja, Pakistan’s leading digital lending platform, announced today that it has closed $9 Million of a $10 Million Series A1 financing round. This latest round brings in new investor ICU Ventures, with all previous institutional investors participating again including BeeNext, Vostok Emerging Finance, Quona Capital, and Gray MacKenzie Engineering Services (a Descon company). Under the […]

Profile Software, an international financial solutions provider, announced the partnership agreement with Surecomp the leading provider of global trade finance solutions for banks and corporates. The agreement is bilateral aiming at mutually benefiting companies since both parties will be able to represent each other’s solutions in various regions that they have a presence in supporting […]

Matthew Gamser, CEO of the SME Finance Forum, discusses the important role SMEs play in a country’s economy and what should be done to better support and promote them. The SME Finance Forum is a global center for knowledge exchange and networking created by G20 countries to support help close the SME finance gap around […]

FSS (Financial Software and Systems), a global payments technology company, confirmed its expansion strategy for Canada in order to support the realization of the country’s payments infrastructure modernization plan set for roll out in 2021.  Payments Canada (the Government delegated payments association), Banks, and numerous financial, payments, and technology providers are unifying efforts to provide […]

Vaulsys and RapidCompute signed an MoU to offer cloud-based security solutions to enhance the level of security, surveillance, and freedom to banks, FIs, and EMIs in Pakistan. The partnership supports the State Bank’s vision to further digitize the banking and payment industry and mandate organizations to implement a comprehensive AML and fraud management system. The […]

  “The situation has challenged the existing financial practices and has brought in new opportunities as well”, said Yasum Mirza, Chief Business Officer at Access Group (DigitalPass), during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 in their business and on the financial sector in Pakistan. 1. How do […]