1LINK Pvt. Limited, Pakistan’s largest payment switch, and Mastercard, a global technology company in the payments industry, have signed a Memorandum of Understanding (MoU) to collaborate on transforming Pakistan’s payments landscape. Present at the ceremony were teams from Mastercard, State Bank of Pakistan, 1LINK Board of Directors, and Management. This strategic partnership aims to drive […]

Paris-based payment processor Score & Secure Payment (SSP) has partnered with Europe’s leading open banking platform, Tink, to enhance its payments solution across Europe.  SSP, which specializes in account-to-account payments with over 14,000 merchants in Europe, will use Tink’s Payments technology to power its new Pay by Bank option in multiple Eurozone countries including France, […]

Global business-to-business (B2B) e-commerce platform Alibaba.com today announced that it will participate in the 4th International Textile Exhibition (TEXPO 2023) to be hosted by the Trade Development Authority of Pakistan (TDAP) from 26-28 May 2023, with an aim of connecting Pakistani textile exporters with its community of more than 40 million buyers worldwide. The three-day […]

In line with its commitment to providing high-quality user journeys, UPaisa has introduced an innovative QR Code Scan feature on its digital app to bring unprecedented ease and convenience to its users. The innovative upgrade simplifies financial transactions and enhances the usability of financial technology for a larger section of the population. UPaisa is one […]

Corserv, a company that empowers banks and fintechs with payment programs, has implemented an industry-leading credit card program with Pennsylvania-based Meridian Bank to serve their business and commercial customers. Meridian Bank is a $2 billion full service commercial bank, founded in 2004 and headquartered in Greater Philadelphia with offices in Pennsylvania, New Jersey, Delaware, Maryland, […]

Temenos has announced that its core banking solutions are now available as Software-as-a-Service (SaaS) further to Temenos’ integration of its application on Amazon Web Services (AWS). With this, Temenos offers more choices to its clients as the Temenos Banking Cloud becomes one of the industry’s most comprehensive SaaS solutions covering the broadest range of regional […]

Rapyd has announced a partnership with Belvo, the leading Open Finance data and payments platform in Latin America. By combining Rapyd’s extensive global payments network with Belvo’s expertise in open banking, the partnership will enable businesses across Latin America to deliver seamless open finance experiences to their customers. This collaboration aims to empower businesses and […]

Temenos announced that United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live with Corporate Lending on Temenos digital banking platform as part of a comprehensive digital transformation of the bank’s retail, SME, and corporate banking for domestic and international customers on the Temenos platform.  The Temenos […]

TerraPay, a leading global payments infrastructure company, today announces a strategic equity investment from Visa, a world leader in digital payments. In addition, the companies are collaborating to connect Visa solutions to the TerraPay network to help streamline digital cross-border commerce for consumers and SMBs. Visa Direct, which facilitates the delivery of funds directly to […]

Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business resilience in the face of challenging economic conditions. The Bank’s unaudited financial statements indicate a remarkable 48% increase in its revenue. Mobilink Bank’s strong emphasis on digital banking services enabled it to reach previously underserved communities and generate substantial revenue growth, with […]