Bank Alfalah and Techlets Pvt. Ltd. have jointly agreed to deliver an innovative and fully integrated financial solution on Walee, a mobile app and web platform (www.waleepk.com) serving Pakistan’s largest influencer marketing platform with more than 50,000 users across more than 250 cities.   “Walee, Pakistan’s everyday trade app”, operated by Techlets Pvt. Ltd, was launched […]

Ride-hailing firm Didi Chuxing, also known as “DiDi”, is launching Huaxiaozhu, a new economy ride-hailing service targeting new market segments, including younger users. Developed internally by an independent unit, Huaxiaozhu leverages DiDi’s existing driver pool and operates by the same set of safety and compliance standards. The service has been in pilot operation in select […]

“Almost every transaction can be conducted digitally and people are appreciating how these services enable a much more feasible infrastructure for payments”, commented Mohammad Mudassar Aqil, President & Chief Executive Officer at Telenor Microfinance Bank / Easypaisa, while having an exclusive discussion with our Editor in Chief on the impact of outbreak on the overall […]

NEC Payments B.S.C. (NECP), a regional leader in Banking-as-a-Service solutions has partnered with STC Bahrain to provide a bank-grade digital account solution and integrated virtual prepaid Mastercard to enhance the STC Pay mobile payment solution. Migrating to the NECP platform provides STC Bahrain with the opportunity to improve the performance, reliance, and extensibility of its […]

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a campaign offering free international transfers for all individual customers during the ongoing COVID-19 situation. As part of the campaign which runs until 11 August 2020, customers can transfer funds to more than 150 countries in over 30 […]

“We are noticing a 30% decrease in the branch banking footfall as customers adopt digital channels to ensure social distancing”, said Shehryar Bakht Ali, Head of Retail Banking, Bank One Limited – Mauritius, during an exclusive Q&A session with our editor in Chief on the impact of COVID-19 on overall financial sector. 1. How is […]

“The Insurance industry has generally been a laggard in adopting new technologies and business models”, commented Nomaan bin Bashir, General Manager – Head of Consumer Insurance, IGI General Insurance, during an exclusive Q&A session with our Editor-in-Chief and expressed his point of view on the impact of COVID-19 outbreak on the insurance industry in Pakistan. […]