BankIslami, in line with its vision to enable and promote cash-less and digital payments, becomes the first Islamic bank to go live with NIFT ePay. National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan launched its services for enabling digital commerce payments (Mobile / Electronic Commerce Payments) through NIFT’s DFS platform […]

MCB Islamic, in line with its vision to enable and promote cash-less and digital payments, has entered into an agreement with National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan for enabling digital commerce payments (Mobile/Electronic Commerce Payments) through NIFT’s DFS platform under the brand name “NIFT ePay”. The partnership would […]

The Board of Directors of BankIslami Pakistan Limited (‘The Bank’ or ‘BankIslami’) in their meeting held on October 29, 2020, in Karachi, approved the Bank’s financial results for the nine months ended September 30, 2020. BankIslami posted a profit after tax of Rs. 1.76 Bn during 9M20, depicting a growth of 81% vis-à-vis the same […]

  “We witnessed an encouraging shift towards digital payments over the past year. The use of e-wallets and mobile accounts grew by 8.2x year-on-year in March, while the use of bank cards and online banking increased by 1.9x each”, expressed, Ehsan Saya, Managing Director at Daraz (Alibaba Group), during an exclusive Q&A session with our […]

“The banking industry will see lasting behavioral changes”, expressed Basir Shamsie, President and CEO at JS Bank, during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 outbreak on the overall economic landscape in Pakistan, also he shared his valuable insights on the shifting dynamics of the financial and banking […]

“The adoption of digitization will surely accelerate and how quickly Pakistan can adapt to it will determine how quickly we can see our economy bouncing back”, commented Zeeshan Hasib Baig, Country General Manager – Pakistan at Careem, during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 outbreak on the […]

“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, […]

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 […]

Chief Executive Officer at Pakistan Society for Training and Development (PSTD), Zubina sadick discusses the overall training and learning landscape in Pakistan and shares her insights on the significance of training for any organisation in achieving its objectives in an efficient manner.