OCBC Bank has partnered its corporate customer SATS, a leading food solutions provider, to launch the inaugural OCBC Sustainability Innovation Challenge. Companies worldwide will pitch solutions to address three waste management and reduction challenges identified by SATS relating to the segregation of different types of waste, conversion of waste into byproducts of value, and the […]

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, is pleased to announce it has progressed across multiple categories in the Global Banking Platform Deals Survey 2022, published by leading research and advisory firm Forrester. An overview of the survey’s key findings was provided in Forrester’s recent webinar, ‘How Banks Can Use […]

Banking the unbanked population through digitized financial inclusion may bring positive change in the lives of the underprivileged populations and the national economy. This was stated by banking leaders and financial experts while sharing their views during a panel discussion “Digital Affairs: Financial Inclusion in Pakistan” hosted by Karachi Council on Foreign Relations (KCFR) in […]

Dubai-headquartered fintech YAP – a neobank driving digital banking in the Middle East, Africa, and South Asia – has selected Euronet Pakistan as their technology partner to launch and operate as an EMI in Pakistan. YAP was founded in the UAE in 2018. Since then the company has expanded to Saudi Arabia, Ghana, and Pakistan. YAP Pakistan, a subsidiary of YAP, has […]

Raheel Iqbal, Managing Partner at Codebase Technologies discusses API-driven digital propositions and how Codebase Technologies is helping to build future-ready digital finance brands. While explaining the inception of Codebase Technologies, Iqbal said, “Codebase Technologies is a global leader & one of the world’s fastest-growing open API solution providers. Founded two decades ago in 1998, Codebase […]

Askari Bank Limited, a leading banking institution in Pakistan, has optimized its Compliance and Risk processes through automation to strengthen regulatory compliance by collaborating with industry leader SAS. By using Governance & Compliance Manager (SAS GCM) Solutions from SAS, the bank aims to confidently address changing regulatory requirements, and ensure greater efficiency, effectiveness and transparency in […]

Qatar Islamic Bank (QIB) has announced the launch of three new features on its award winning QIB Mobile App. Introducing the Minor Account Consolidation feature, the ability to pay and transfer via credit cards, and the expansion of the Visa Direct program to new countries. The new features will provide customers with broader options and […]

Ajman, United Arab Emirates: Ajman’s Department of Finance (DoF) has signed a cooperation agreement with First Abu Dhabi Bank (FAB), the UAE’s largest bank and Magnati, a regional leader in the payment solution industry, to support the launch of new payment channels and services through the AjmanPay application. This agreement emphasizes the department’s commitment to implementing […]

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Islamic Digital Banking Provider of the Year’ award at the prestigious MEA Finance Banking Technology Summit & Awards 2022, for its Shariah-compliant core banking platform offering – iMAL™. The award was formally presented at a ceremony […]

The Bank of Punjab (BOP), one of the country’s leading financial institutions with a network of 664 branches and 655 ATMs across Pakistan, has signed an agreement with Mastercard, a leading technology company in the global payments industry. The partnership will see the bank’s customers in the region and across the globe benefit from a new […]