SadaPay today announced the appointment of Tayseer Ali as Chief Financial Officer. He was most recently serving as the CFO of Mobilink Microfinance Bank, the bank behind the 20 million mobile wallet accounts of JazzCash. Prior to his tenure at Mobilink, Tayseer served as the CFO of Pak China Investment Company under Chairmanship of Dr. […]

Codebase Technologies, a leading Global Open API Banking solutions provider at the forefront of enabling banks and financial institutions (both conventional and Islamic), as well as, the emerging FinTech ecosystem to demystify digital financial services, has successfully upgraded the existing Pool Management system deployed at National Bank of Pakistan. The Islamic banking industry in Pakistan […]

Easypaisa, Pakistan’s leading provider of digital financial services is expanding accessibility by offering free app usage for Zong 4G customers. Customers can make airtime purchases, money transfers, bill payments, and a wide variety of other services through the Easypaisa App on a Zong 4G internet connection without consuming any data volume (MBs). This zero data […]

Sadapay, a leading player in the digital financial services arena in Pakistan, Sadapay announced to appoint Jon Sheppard as its Chief Technology Officer (CTO). Jon previously served as CTO Financial Services at Gojek, a $9.5 billion tech company with over 120 million users on their platform. The Indonesian super app has been revolutionizing digital banking […]

Muhammad Zubair, Co- founder & CEO at Queno, while in conversation with Daily NewsPK elaborated on their journey in addressing the pain points of school administration and how they have become a bridge between parents and their respective school’s management. 1. What led you to create ‘Queno’? When was it founded? Ideas flow in when […]

Mehedi Hasan, Founder & Group CEO at MyCash Online while conversing with Daily NewsPK explained how they are addressing the issues concerning financial inclusion among migrant workers in Asian markets and at the same time offering ease and security with their transactions. 1. What led you to create ‘MyCash Online’? When was it founded? In […]

MoneyGram partners with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates. Digital Financial Services is a partnership between Etisalat and Noor Bank, which was acquired earlier this year by the Dubai Islamic Bank. The partnership will enable eWallet users to make cross-border remittances to more than 200 countries […]

Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million if performance targets are met. The addition of […]

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to […]

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 […]