Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation. The USD 200 million PKR equivalent program, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital-funded loan facilities for corporate clients based in Pakistan. Standard Chartered and IFC aim to leverage their long-standing […]

Bank Alfalah and J.P. Morgan Payments have come together to form a strategic engagement to empower individuals to experience real-time transactions like never before under J.P. Morgan’s Xpedite Remit Service, an advanced service that brings real-time transactions to the forefront, where speed, reliability, and customer satisfaction take center stage. With this new strategic engagement, Bank […]

Visa, a world leader in digital payments, and Reward, a global pioneer in bank loyalty, are joining forces to introduce Visa’s Card Linked Offers solution in Pakistan. Through the partnership, Visa will provide banks with access to exclusive offers from leading global merchants, while Reward co-creates hyper-personalized offers, digitally delivering them to Visa cardholders. In […]

Garaj, Pakistan’s fastest-growing local cloud service provider, has partnered with Mobilink Microfinance Bank Ltd. (MMBL), VEON’s financial services arm, to transform the Bank’s branch networking infrastructure through the integration of cutting-edge Software Defined Wide Area Networks (SDWAN). This initiative is set to tap into one of the fastest-growing segments in the global network infrastructure market, […]

Pakistan’s leading telecom and ICT services provider, PTCL Group (PTCL & Ufone 4G) in collaboration with Pink Ribbon Pakistan led a month-long campaign dedicated to educating and raising awareness about breast cancer. The campaign, multifaceted in its approach, exemplified the Group’s commitment to empowering individuals in their fight against breast cancer, emphasizing its dedication to […]

Fatima Fertilizer, Pakistan’s leading fertilizer manufacturing company, and Mastercard, a global technology company in the payments industry, have signed an agreement aimed at modernizing Pakistan’s agricultural ecosystem by ensuring the financial inclusion of farmers. This strategic collaboration will leverage the latest technologies to digitize payment transactions between a nationwide network of thousands of fertilizer dealers […]

Cheezious, a renowned and customer-centric food brand in Pakistan, is thrilled to announce its strategic partnership with Jazz Cash, one of the leading mobile wallet providers in the country which has a 25 million customer base with 13 million monthly active users. This collaboration marks a significant milestone in the world of food and finance, […]

Zindigi, the digital banking initiative powered by JS Bank, has signed another transformative collaboration with the Lahore Development Authority. LDA Director General, Muhammad Ali Randhawa is spearheading a major advancement in public sector digitization by transforming LDA payments & its Schools with substantial support from Zindigi. Lahore Development Authority and Zindigi are set to launch […]

Unilever Pakistan and SEED Ventures announced a collaborative initiative named ‘2nd Life Pakistan,’ to address the issue of plastic waste and sustainable waste management in Pakistan. The ‘2nd Life Pakistan’ initiative aims to identify and foster creative approaches to tackle plastic waste, ultimately promoting responsible waste management practices across the country. This innovation challenge has […]

PTCL Group, a leading telecommunications service provider in Pakistan, has announced its collaboration with Nokia to transform its nationwide optical ultra-long-haul network to deliver an astounding 15 Terabits per second (15T) capacity, setting a new benchmark for network scalability and performance in Pakistan. In addition, at a grand handshake ceremony during GITEX Technology Week 2023 […]