Bank Alfalah, one of the largest commercial banks in Pakistan signed an agreement with Karandaaz to expand the female agent network in Pakistan. This partnership was signed in the presence of Karandaaz Chairperson Salim Raza, Bank Alfalah President and CEO Atif Bajwa, Karandaaz CEO Waqas ul Hasan, Group Head Digital Banking Group Muhammad Yahya Khan, […]

InfraZamin Pakistan, a licensed NBFI and credit guarantee provider, in partnership with Kashf Foundation, a not-for-profit and licensed microfinance institution, is proud to announce the closing of South Asia’s and Pakistan’s inaugural ‘Gender Bond’ thereby revolutionizing financial empowerment and inclusion for women. The Bond, which holds a prestigious long-term AAA rating by PACRA, marks a […]

Pakistan’s leading digital microfinance bank, Mobilink Bank, outperformed at Veon’s Ignite Awards held in Istanbul by winning in three of the most highly contested categories, including ‘Double-Digit Growth’, ‘Financial Services’, and ‘Diversity and Inclusion’. The Bank’s recognition at the group level and enviable accomplishments across various categories mirror its steadfast commitment to excellence. Mobilink Bank […]

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 26, 2023, approved the Bank’s financial results for the period ending September 30, 2023. Bank Alfalah continued its growth trajectory during the third quarter. The Bank announced a profit after tax of PKR 27.252 billion, demonstrating a 93.4% increase year-on-year […]

easypaisa, Pakistan’s leading digital financial services platform has launched easypaisa Karobar powered by Dukan, a platform designed specifically to address unmet banking needs of two million retail merchants across the country. Being Pakistan’s first digital banking app for retailers, easypaisa Karobar enables merchants to manage their financing needs digitally, reduce operational complexities, and become part […]

HBL, Pakistan’s Best Bank and a leading player in the country’s remittance flows, partnered with the International Association of Money Transfer Networks (IAMTN) Summit in Dubai on 11 and 12 October 2023. The IAMTN Annual Summit gathers professionals, thought leaders, and innovators in the financial services industry to discuss challenges, initiatives, and opportunities in international […]

Temenos has demonstrated how its cloud-native Correspondent Banking solution supports the rapid addition of new alternative payment rails and payment types using payment adaptors and an extensive set of APIs. This helps banks and payment service providers to stay ahead of market changes and to grow profitable cross-border payment services on the back of them. […]

Mobilink Bank’s outstanding accomplishments have garnered recognition at the prestigious 20th Annual Excellence Awards, hosted by the CFA Society Pakistan. The Bank was honored with the coveted title of “Best Digital Banking Services Award of the Year 2022” within the Microfinance Bank Category, solidifying its position as a trailblazer in the digital banking arena. Furthermore, […]

The Bank of Punjab (BOP), recognized as one of the nation’s premier commercial banks, has embarked on a pioneering journey by unveiling its cutting-edge Point of Sale (POS) payment solutions and online payment gateway services.  BOP is the 7th Bank offering this service out of the total of 41 commercial and specialized banks in the country. […]

Stripe, a financial infrastructure platform for businesses, introduced its latest product innovations at Stripe Tour Singapore, its inaugural user event in Southeast Asia. The event showcased Stripe products that are positioning businesses of all sizes in Southeast Asia to take advantage of surging consumer demand in the region for online goods and services. A recent Stripe […]