Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s leading Islamic banks, to enhance its real-time bank account payout network in Pakistan. Receivers of international money transfers in Pakistan benefit from Western Union’s real-time account payout capabilities via a far-reaching bank network in Pakistan, […]

Employee Stock Option Plan (ESOP) is a popular method of attracting, motivating, and retaining employees. Stock Option Plans permit employees to share in the company’s success without requiring a startup business to spend precious cash. As a step forward to facilitate the corporate sector, the SECP hereby clarifies that private companies especially startups can offer […]

VEON, the parent group of Jazz, has concluded the acquisition of the 15% minority stake in PMCL, the operating company of Pakistan’s leading mobile operator, Jazz, from the Dhabi Group for USD 273 million. It may be recalled that the Dhabi Group had acquired 15% stakes in PMCL, in the unified company,  after Warid was […]

OPPO the leading smart device brand is set to launch its latest edition to the F series – OPPO F19 Pro. The latest smartphone is expected to be equipped with AI Color Portrait video enabling users to expand their creative horizons. OPPO F series has been a huge hit and the latest editions AI Color […]

PayPro, one of Pakistan’s fastest-growing fintech companies which focuses on B2B and B2C payments, was awarded a PKR 7.473 million Innovation Grant by the USAID Small and Medium Enterprise Activity (SMEA) to digitize the MSMEs (Micro, Small and Medium-sized Enterprises) who’re looking to collect payments through digital channels. The grant will allow PayPro to invigorate […]

  TPL Insurance, Pakistan’s first Direct Insurance Company, has partnered with Sastaticket, a one-stop-shop for all travel-related services, based in Karachi. Following the partnership, customers will have access to TPL’s Travel Insurance products while they compare airline and hotel prices on Sastaticket. pk. Additionally, Sastaticket customers will get coverage of up to Rs. 100,000, including […]

Path Solutions, the global Islamic banking software company, announced it has been awarded ‘Best Islamic Fintech Solution Provider’, whereas Mohammed Kateeb, the company’s Group Chairman & CEO won the ‘Islamic Fintech Leader Of The Year’ award of the FINTECH Prize 2020. Kateeb is an industry veteran with over 30 years of experience having served in various […]

IDEMIA, the global leader in augmented identity, has expanded its footprint in the Middle East through the acquisition of Saudi Arabia’s most prominent card personalization bureau. Strengthened by PCARD’s capabilities, IDEMIA will offer an expanded range of world-class card payment services and solutions to the Kingdom’s banking and payment ecosystem. International Smart Card Factory Company, […]

The global pandemic crisis has accelerated the pace of digital transformation tenfold, thus evolving the way of work operations and work-life to a completely New Reality. Understanding this relevant need of all operating business houses across the industry, BII World, after the success of APAC edition of a similar event, is pleased to host Future […]

Kashf Foundation, with support from The Coca-Cola Foundation, launched 6 state-of-the-art training facilities in Lahore and Faisalabad under a special program titled ‘recycling for women empowerment’ to provide skill-based training to hundreds of deserving women belonging to low-income households. This training will equip these women with the skills to make everyday use of sellable products […]