The pioneer microfinance institution in Pakistan – Khushhali Microfinance Bank is celebrating its 21st year of services for socio-economic uplift of the marginalized & unbanked segments of the market. The anniversary was celebrated with great enthusiasm across the bank’s network both physically and digitally, via virtual conference. Established in the year 2000, Khushhalibank’s success has […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has launched ‘Dost’, a mobile-based application that provides a complete digital banking ecosystem to its customers and gives them hassle-free access to financial services round the clock. The latest addition to the MMBL ecosystem reflects the bank’s relentless pursuit of innovation to foster digital banking and […]

Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) has announced the creation of a new role, Group Chief Operating Officer (“Group COO”). To spearhead the Bank’s next phase of transformation, Lim Khiang Tong, 59, who is currently OCBC Bank’s Executive Vice President and Head of Group Operations & Technology, has been appointed as the Group COO. Lim […]

The Bank of Punjab (BOP), one of the leading financial institutions with a network of 640 branches across Pakistan, has signed an agreement with NdcTech, an award-winning regional partner of Temenos. The agreement was signed by Mr. Zahid Mustafa (Group Chief Consumer & Digital Banking – BOP) & Ms. Ammara Masood (CEO & President – […]

UBL, Pakistan’s fastest-growing digital bank, has signed an agreement with Temenos and National Data Consultant (NdcTech) to provide and implement a next-generation digital banking solution. As a pioneer of innovation in the Pakistani Banking industry, UBL, earlier this year, launched Pakistan’s first Islamic Digital Account and the first of its kind ‘UBL Pay’ where customers […]

Path Solutions is thrilled to announce that it has won three different awards at Banktech Award 2021 held on Wednesday 9 June. The global Islamic banking software company won two different categories for Path Solutions ‘Best Islamic Finance Technology Vendor in Banking’, and ‘Best Digital Banking Technology Provider’, while Path Solutions’ Group Chairman & CEO, Mohammed Kateeb was selected as […]

We are pleased to announce that Path Solutions has won the TOP position in two categories in the IBSI Sales League Table 2021 (IBSI SLT); Islamic – Universal Banking | Core, Data Warehouse & Business Intelligence. Path Solutions re-affirmed the TOP position for twelve consecutive years in the IBSI Islamic Sales League Table 2021 with its industry-leading AAOIFI-certified digital banking […]

Codebase Technologies (CBT), a global API banking solutions provider, has been selected by Kuwait Finance House Bahrain (KFHB), a pioneer in the global Shari’a banking space, to expand the bank’s digital market leadership with a streamlined regulatory reporting platform to enhance transparency and automate backend compliance operations. As banking and financial technologies have evolved in parallel with […]

Amidst the growing trend toward eco-conscious spending and consumption among people who want to pursue more sustainable choices and practices, Mastercard has released its Mastercard Carbon Calculator for the Middle East & Africa and Pakistan.  Developed in collaboration with the Swedish fintech Doconomy, the Mastercard Carbon Calculator is a feature that provides access to insights […]

HBL becomes the first bank in Pakistan to invest in a digital fintech startup with its Rs. 176 Million (USD 1.15 Million) participation in the last tranche of Finja’s Rs. 1.56 billion (USD10.15 Million) Series A1 round. HBL joins an impressive list of leading global fintech funds that have invested in Finja including BeeNext, Vostok […]