Temenos has demonstrated how its cloud-native Correspondent Banking solution supports the rapid addition of new alternative payment rails and payment types using payment adaptors and an extensive set of APIs. This helps banks and payment service providers to stay ahead of market changes and to grow profitable cross-border payment services on the back of them. […]

As part of a multi-year effort to transform trade finance, Bank of America is launching CashPro Supply Chain Solutions, a platform that will offer participants in a supply chain the benefits of digitization with improved process efficiency and working capital optimization. CashPro is the banking platform used by more than 40,000 business clients to manage […]

Pakistan’s leading ICT services provider, PTCL Group (PTCL & Ufone 4G) has successfully implemented SAP RISE with SAP S/4HANA, marking an innovative digital transformation within the telecom sector. This strategic move is poised to modernize PTCL Group’s corporate operations, fostering efficiency, effectiveness, and a culture of digitization. The official go-live ceremony took place at PTCL […]

Further supporting and complementing Oman’s supply chain ecosystem, Sohar International has partnered with PayMate India SPC, a B2B payments and solutions provider, to digitize, automate, and streamline business-to-business (B2B) payments using bank-issued corporate credit cards. By leveraging PayMate’s full-stack proprietary B2B payment automation solutions, Sohar International offers corporate and SME clients the ability to utilize […]

Huawei in collaboration with the Government of Pakistan held the closing ceremony of the Huawei ICT Competition 2022-23 at the Aiwan-e-Sadar, celebrating the success of the Pakistani teams that brought home accolades and prizes in the regional competitions. The students from Pakistan won second and third prizes in the Network Track and third prize in […]

Verofax, an award-winning Brand and retail Martech service provider, achieved Full Technical Review (FTR) approval on the Amazon Web Services (AWS) marketplace. Verofax services are now available for direct acquisition by retail and global brands, leveraging the unparalleled capabilities of AWS. Verofax specializes in brand-customer direct engagement by transforming products into powerful marketing tools. With […]

Dubai-headquartered Mashreq will soon launch digital banking operations in Pakistan, after going through a ‘successful incorporation’. “This marks a significant milestone in Mashreq’s strategic expansion and underlines its commitment to driving digitization and financial inclusion in high-growth markets,” the bank said in a statement. A delegation from Mashreq, including senior members of the executive committee, […]

Group Chief Regulatory Officer, PTCL & Ufone 4G, Naveed Khalid Butt has been appointed as the President of the Management Committee of the newly formed Telecom Operators Association (TOA). With all major Pakistani telecom operators aboard, the association aims to help foster digitization of national economy by advocating policy and regulatory interventions in the telecom […]

Think Apps, the first and the biggest offline event focused on apps and games, was held by Google in Lahore, Pakistan. The event saw more than 500 developers, in addition to business and industry leaders from around the country, come together to learn how to bring Pakistani-made apps and games to the world. The event […]

Pakistan’s leading higher education institution, LUMS, organized a seminar on ‘Advancing Pakistan’s Power Sector through Strategic Investments and Digitisation’, featuring renowned energy experts, researchers, and academics. The seminar explored the transformative potential of strategic investments in confronting the challenges to Pakistan’s power sector, such as power shortages, distribution inefficiencies, and outdated infrastructure. The seminar was […]