UnionPay International, Wemsol Private Limited and Bank AL Habib jointly announce today the launch of UnionPay QuickPass (NFC/Contactless and HCE) acceptance on Keenu POS terminals in Pakistan, where consumers can make safe and quick payments by tapping their UnionPay cards at KEENU POS terminals at more than 7,000 merchant locations in Pakistan. This is the […]

Path Solutions, a global banking software provider, was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020. For the eighth year in a row, Path Solutions was recognized as the undisputed leader in Islamic Banking with more new Islamic deals signed in 2019 […]

With the launch of the ‘Ho Jae Ga’ campaign, Pakistan’s leading cellular network Jazz has echoed the ease of access and reliability in financial transactions that its digital payment platform, JazzCash, offers to its valued customers. As virus lockdowns in the country lead to a reduction in mobility, JazzCash is enabling people to make bill payments, money […]

Çağla GÜL ŞENKARDEŞ, CEO of MenaPay while in conversation with Daily NewsPK elaborated on how MenaPay is focusing on financial inclusion and has changed the dynamics of payment industry of the region using blockchain technology. 1. What led you to create ‘MenaPay’? When was it founded? MenaPay stands for connecting consumers with the digital economy […]

UniCredit has announced its collaboration with Taulia, a San-Francisco-based fintech that provides innovative, digital supply chain solutions for buyers and suppliers, including supply chain finance, cash forecasting, electronic invoicing, and dynamic discounting. The partnership serves to round out UniCredit’s diverse toolbox of working capital solutions – building on its existing supply chain finance platform by […]

  Consumers can now pay for services from thousands of small businesses, schools, and non-profit organisations by scanning a QR code with their mobile phone Leading payment solutions provider Netcash has collaborated with Mastercard to launch Quick Response (QR) code payments across its multi-channel billing platform, as part of its efforts to help Small and […]

Sberbank, one of Russia’s largest state-owned banks, has partnered with Visa and Russian supermarket, Azbuka Vkusa to open a cashier-less store where customers simply take items from shelves and are automatically charged. To use the all-new service, customers need to download the Take&Go mobile app by Sberbank, sign up, and associate a bank card with […]

Meezan Bank, Pakistan’s first and largest Islamic bank has played a leading role in successfully concluding the issuance of Pakistan Energy Sukuk (PES) II worth approximately Rs. 200 billion by Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy and Government of Pakistan. The milestone transaction, powered by the […]

Trusona, the pioneering leader in passwordless multi-factor authentication technology, today announced that Tandem Bank has selected and deployed Trusona to provide PSD2-compliant, passwordless strong customer authentication (SCA) that enhances the user experience while securing users and their financial data across all channels. Tandem Bank, a digital savings bank formed from Tandem Money’s acquisition of Harrod’s Bank […]

In a bid to disrupt the digital financial services ecosystem, Dubai Islamic Bank Pakistan Limited (DIBP) has signed a partnership agreement to onboard Bookme.pk as its newest digital alliance partner on the bank’s digital platform. This arrangement will allow Digital Ticketing to offer ‘Digital Ticketing’ services to all DIBP Mobile App, Internet Banking, and Digital […]