Corserv, a company that empowers banks and fintechs with payment programs, has implemented an industry-leading credit card program with Pennsylvania-based Meridian Bank to serve their business and commercial customers. Meridian Bank is a $2 billion full service commercial bank, founded in 2004 and headquartered in Greater Philadelphia with offices in Pennsylvania, New Jersey, Delaware, Maryland, […]

JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Vietnam Prosperity Joint Stock Commercial Bank (VPBank), a major commercial bank in Vietnam, announced the launch of VPBank JCB Credit Card in Vietnam. The new VPBank JCB Credit Card is the first credit card which is […]

The Commercial Bank of Ceylon has announced the launch of a unique investment plan that enables Sri Lankans earning foreign currency to save fixed monthly amounts and enjoy attractive interest rates to build savings of US$ 10,000 upwards or the equivalent in three other currencies, in a relatively short period. Named ‘Millionaire Investment Plan in […]

CTBC Bank has launched an innovative card acceptance service that will allow its customers to simply tap their mobile phone or physical credit or debit cards on Taiwan Taxi’s drivers’ mobile phones to pay for their taxi fares. Powered by the world’s leading fintech player Soft Space Sdn. Bhd., CTBC Bank’s “Tap to Phone” service […]

ACE Money Transfer, a leading online remittance provider, and HBL, the largest commercial bank in Pakistan, bring to their customers, an opportunity to meet their loved ones back home. Under this promotional campaign, any customer sending remittance from the UK, Europe, Canada, or Australia through ACE Money Transfer’s mobile app or website to an HBL […]

HBL Islamic Banking inaugurated a dedicated HBL Islamic Commercial Centre, Trade Hub, and Branch on I.I. Chundrigar Road, Karachi, the heart of the country’s financial hub. HBL is Pakistan’s largest commercial bank with over 1700 branches and an Islamic Banking arm that provides Shariah-compliant financial services from over 911 branches/windows nationwide. Liaqat Ali Khan, a […]

Innovative as always, safe as always, relevant as always, particularly in today’s Post COVID-19 world. Commercial Bank has launched a first-ever digital product in the Qatari market, CB PAY for Merchants. CB PAY for Merchants enables customers to pay for goods and services without leaving their homes using just their mobile. It is a dedicated […]

Transfast, a leading cross-border payments service provider with presence in over 140 countries, has partnered with Habib Bank Limited (HBL), the largest commercial bank with over 1700 branches in Pakistan, to facilitate expatriates around the globe to send money to Pakistan. The remittance facility between Transfast and HBL is now available to the Pakistani expatriates […]

Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. It is meant to replace physical currency. The system utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Described as ‘Digital Fiat Currency’ the patent was initially filed by […]

Press release: IPO oversubscribed by 1.07x with more than 80% of the applicants subscribed through E-IPO. KARACHI, 28th MARCH, 2020: The Initial Public Offering of Bank Islami Ehad sukuk has been successfully closed. Despite the ongoing COVID–19 pandemic, significant interest was received from both institutional and retail investors with PKR 320.6 million subscriptions received against […]