The National Incubation Center at LUMS, Lahore (NICL) has launched applications for its eighth Cohort with the aim to inspire, engage, enable and facilitate innovative entrepreneurs ready to solve critical problems for Pakistan. NICL’s goal is to partner with visionaries, intuitive problem solvers and business enthusiasts to incubate a greater percentage of businesses that address […]

To accelerate digital payments in Pakistan, EFU Life has signed an agreement with National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan. EFU is the first insurance company to partner with NIFT to enable digital payments (mobile/electronic commerce payments) through NIFT’s DFS platform. NIFT ePay launched an account-based e-commerce payment platform […]

As we begin another Ramadan in the midst of COVID-19, Facebook has announced to add a new list of resources and features to help the Muslim community celebrate the month while maintaining social distancing. Through these additions, people can also discover ways to show kindness and give back to their communities. People can share their […]

HBL has joined forces with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution, offered for the first time by any bank in Pakistan. Hysab Kytab’s PFM (budgeting) tool is integrated into HBL Mobile and will enable all app users to take control of their financial well-being. Veqar Ul Islam, Founder of […]

Careem has recently released a new feature in its Super App which enables users to book a ride to any Covid-19 vaccination center in Pakistan with just two taps. The new “Get vaccinated” tool includes detailed information from official government sources on the vaccines being offered in the country, their eligibility, and the timings and […]

The GSMA has published its annual ‘State of the Industry Report on Mobile Money. It reveals a dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report found that the number of registered accounts grew by 13 percent globally in 2020 to more than […]

Future Factories Summit MENA 2021 concluded yesterday. The finale of the two-day virtual conference. Future Factories Summit MENA 2021 opened with a session by Nancy W. Gleason, the Director, Hilary. Ballon Center for Teaching and Learning Associate, Professor of Practice, Political Science, at NYU Abu Dhabi about ‘The Future of Industry 4.0 In The Post […]

Logiq, Inc., a global provider of award-winning eCommerce and fintech solutions, has joined forces with Comviva, a global leader in digital financial solutions, to offer digital wallet and payment services across Indonesia. The services based on  Logiq’s PayLogiq digital wallet will be powered by Comviva’s mobiquity® Pay platform. Logiq also recently partnered with Yabx, a fintech venture of Comviva to […]

VEON, the parent group of Jazz, has concluded the acquisition of the 15% minority stake in PMCL, the operating company of Pakistan’s leading mobile operator, Jazz, from the Dhabi Group for USD 273 million. It may be recalled that the Dhabi Group had acquired 15% stakes in PMCL, in the unified company,  after Warid was […]

Michigan-based Wildfire Credit Union has announced that it is expanding its partnership with Engagement Banking technology provider Backbase to modernize its employee experience and improve its ability to deliver personalized member services. Wildfire will adopt Backbase’s Customer 360 Employee App, which consolidates a variety of member relationship management lines – including call centers, branch services, […]