Abhish Saha, who over the past 9 months has been occupying the role of Executive General Manager of the Digital Banking & Elevate business unit globally, was announced as the new CEO for Sandstone. Mr Saha will be replacing Mr Michael Phillipou, who has held this position since December 2020, after he announced his decision […]

Allied Bank, Euronet Pakistan, and Giift Management Asia PTE have entered into a strategic partnership to introduce first of its kind Enterprise Loyalty Solution in Pakistan whereby Allied Bank’s customers will be able to earn and redeem reward points both in domestic and international markets. The solution will have a marketplace offering a variety of products for […]

Khushhali Microfinance Bank Limited (KMBL) is a winner of Pakistan’s ‘Best Microfinance Bank Award’, with a vision for sustainable development, through professional excellence. In 2018, it pioneered the ‘Khushhali Home Plus loans facility, offering up to 01 Million Rupees for the low-income individuals, who need affordable housing finance for the renovation and improvement of existing […]

Fintechs and online businesses, that would like to offer banking services to customers via open banking platforms or payment service providers, can now partner with Monneo and access its extensive payment and banking network. The new API will allow almost instant access to all Monneo’s world leading services in a safe, secure and regulated platform. […]

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, is pleased to announce it has achieved high rankings across multiple categories in the IBS Intelligence (IBSi) Sales League Table (SLT) 2022, which identified prominent banking solutions that made their mark in 2021.  Azentio has secured the top position at IBSi SLT Industry Leader Special […]

Planixs, the global leader of real-time treasury technology, has announced that its customer, FBN Bank (UK) Ltd, has successfully gone live with the company’s Real-Time Reconciliations module, an add-on component of the firm’s Realiti® software that will provide the Bank with advanced reconciliation capabilities. Planixs’ Realiti solution provides banking firms with the tools to gain […]

ICICI Bank announced the launch of a digital platform to address the needs of the students aspiring to pursue higher education in India and abroad. Called ‘Campus Power’, the one-stop platform caters to varied needs of the entire student ecosystem comprising students, parents and institutes. It offers both banking and value-added solutions at one place, eliminating the […]

HBL has become the first bank in Pakistan to launch ‘full-feature’ banking services on WhatsApp. The facility has been developed in partnership with leading cloud communication service provider E.Ocean. HBL’s Conversational Banking was made available to its clients through E.Ocean’s WhatsApp Business Platform in 2021. To use the service, HBL clients need to initiate a conversation on HBL’s […]

Enfuce, one of the fastest growing fintechs in Europe, has chosen Konsentus Verify to protect its customers from unauthorized or fraudulent third parties gaining access to valuable account data and funds. Enfuce provides a modern, flexible, scalable, open banking service that is both safe and compliant. Their embedded payment experience seamlessly delivers the features and […]

37 entrepreneurial champions from the rural areas of Pakistan have been honored at the 14th Citi Microentrepreneurship Award (CMA) ceremony, jointly hosted by the Citi Foundation and Pakistan Poverty Alleviation Fund (PPAF). The recipients of the Awards from all geographical localities of Pakistan have shown remarkable entrepreneurial skills by availing the microfinance facility through various […]