Wio Bank PJSC, established recently in the UAE, has announced the appointment of His Excellency Salem Al Nuaimi as Chairman of the Board and Jayesh Patel as Chief Executive Officer. The leadership appointments follow the license approval by the Central Bank of the UAE. Wio is an integrated digital banking platform jointly owned by Abu […]

Systems Limited, a leading information technology company in Pakistan with a global footprint has entered into a definitive agreement to acquire 100% of National Data Consultant (Pvt.) Limited (NdcTech), a leading core and digital banking implementation service provider, along with its subsidiaries/associated companies in UAE and Singapore. NdcTech is an award-winning partner of Temenos empowering […]

Bank Alfalah Limited (BAFL), the country’s leading financial institution and Jubilee Life Insurance Company Limited (JLICL), Pakistan biggest private sector insurer have come together, and signed an MOU for round the clock cash collection through Bank Alfalah CDM network. The signing ceremony was held at Bank Alfalah’s Head Office in Karachi. With the help of […]

Dana, an embedded lending platform and FintechOS, a global technology provider for banks, insurers, credit unions, and other financial services companies, has unveiled a partnership to provide innovative technology solutions and strategic value propositions to financial institutions, particularly in the South Asian region.  The combination of Dana’s AI-powered embedded lending platform and FintechOS’ high-productivity fintech […]

Santander has launched a payments solution allowing customers to make transfers into Brazil in local currency in real time. The new service provided through Santander’s PagoNxt will shorten payment times from several days to minutes and remove the need for intermediaries and FX documentation. Santander’s SME and corporate clients in Spain will be able to use […]

Mr. Asif Peer, CEO and Managing Director at Systems Limited, and Mr. Najeeb Agrawalla, CEO at 1LINK, joined hands to accelerate business transformation efforts through informed data-driven technology, contributing to the vision of ‘Digital Pakistan’. The signing ceremony was held in the presence of the senior management from Systems Limited and 1LINK including Mr. Asif […]

Bank Alfalah, one of the largest private banks in Pakistan and pioneer in digital banking has partnered with Pakistan Freelancers Association (PAFLA) to facilitate digital payments and collections for freelancers. Under the partnership, PAFLA will acquire the ability to enable freelancers in selling services globally through an integration with Alfa Payment Gateway. This platform will […]

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has been included in the reports Now Tech: Digital Banking Processing Platforms (Retail Banking), Q1 2022 and Now Tech: Digital Banking Processing Platforms (Corporate Banking), Q1 2022, published by leading research and advisory firm Forrester. The Now Tech reports delve into the value offered by […]

The IPG Group Pakistan, a leading sports marketing and international events company and a renowned name in remittance initiative events is facilitating the launch of Roshan Digital Account (RDA) drive for overseas Pakistanis to promote new investment opportunities in Pakistan in collaboration with renowned banks on an international platform. Recently, in partnership with Bank AL […]

JS Bank, one of the leading banks in Pakistan, and Euronet Pakistan, a division of Euronet Worldwide and an industry leader in processing secure electronic financial transactions, have recently signed an agreement to drive the growing JS Bank’s credit cards program under a fully outsourced and managed services model. The agreement was signed by Atif Salim […]