NdcTech, a global IT and consulting company providing transformational services for Banks and financial institutions has announced a collaboration with Red Hat, the world’s leading provider of enterprise open-source solutions, to deliver solutions based on cloud-native, open-source technologies in support of financial institutions. As part of this collaboration between the two entities, Red Hat recognizes […]

Mobilink Microfinance Bank Limited, VEON’s financial services arm and the largest digital bank in Pakistan, launched three major microfinance initiatives as part of its continuing efforts to financially empower women entrepreneurs and to support small and medium-sized farmers in the country. The initiatives were formally launched by VEON Group CEO, Kaan Terzioglu, during his recent […]

Wio Bank PJSC announced its official launch in the UAE, becoming the first platform bank in the region, aiming to transform banking operating models towards a more digital future. This is in line with the UAE’s Digital Economy Strategy that aims to double the contribution of the digital economy to the country’s GDP over the […]

ABL being the leading bank has heavily invested in digital transformation. In order to further enhance customer experience and to contribute toward expansion of digital payments ecosystem in the country, ABL has entered into a strategic partnership with BPC to introduce Merchant Acquiring Services. This solution will entail frictionless merchant onboarding and payment experience for […]

Wise Platform has launched our newest integration solution, International Receive. From today, customers at partner organisations using International Receive will be able to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT network. SWIFT allows banks to speak to one another using financial messages. The network carries over […]

Extending a winning legacy that spans over a decade, Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has been awarded the title of “Most Innovative Microfinance Bank – Pakistan 2022” by the prestigious Global Business Outlook (GBO) Awards 2022. The award highlights MMBL’s continuous efforts to enhance access to innovative digital and financial solutions […]

Fiserv, Inc., a leading global provider of payments and financial services technology with a growing presence in New Jersey, is partnering with Rutgers University-Newark to create and fund a new program designed to drive diversity and innovation within the financial technology field. The Fiserv-RU-N Program for Inclusive Innovation will create a center on campus that […]

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on July 28, 2022, approved the bank’s financial results for the six months ended June 30, 2022. The bank announced profit after tax of PKR 8.703 billion, up by 25.5%. EPS stood at Rs. 4.90 (Jun 21: Rs. 3.90). The Board has […]

Glia, the leading provider of Digital Customer Service (DCS), announced Glia Virtual Assistants (GVAs) to help companies improve resolution times and lower costs while providing seamless customer experiences that blend virtual and human guidance. Built on conversational AI solutions from Glia’s recent Finn AI acquisition, GVAs are optimized for banks and credit unions and pre-trained to deliver out-of-the-box […]

Moneyhub, the market-leading Open Data and payments platform, is partnering with Pennyworth, a financial planning and banking app, to redesign digital banking for the aspiring-affluent consumer. Pennyworth, which has applied for a UK banking license, has developed a unique planning tool powered by Moneyhub ’s award-winning APIs. The tool uses a combination of Open Banking, […]