ABHI, an embedded Fintech company, and Telemart, a leading e-commerce marketplace, have partnered to provide Buy-Now-Pay-Later Smartphone Financing to thousands of ABHI app users across Pakistan. As the world rapidly transitions from physical to digital, smartphones have become an essential tool for access to information and communication. With the increasing reliance on technology, owning a […]

HugoBank, Pakistan’s latest digital bank led by a Singapore Consortium, today announced the proposed appointment of Atyab Tahir as Chief Executive Officer, subject to the State Bank of Pakistan’s fit and proper assessment. Following the company’s incorporation, Atyab will set up and lead HugoBank in Pakistan to offer digital banking services to people and small […]

Standard Chartered Bank Pakistan Limited (SCBPL) in partnership with the British Deputy High Commission (BDHC), Karachi organized an event to celebrate International Women’s Day with clients, partners, and employees. A panel discussion was held to focus on “DIGITALL: Innovation and technology for gender equality” led by Khadija Hashimi – Head, CABM AME and Country Head […]

VEON Ltd., a global digital operator that provides converged connectivity and online services, announces that Mobilink Microfinance Bank Ltd. (MMBL), its banking operation in Pakistan, has signed up to the GSMA’s Connected Women Commitment Initiative, becoming the first microfinance bank, globally, to do so.  The GSMA Connected Women Commitment Initiative was set up in 2016 […]

Standard Chartered Bank Pakistan Limited (SCBPL), continuing with its contribution towards economic empowerment and financial inclusion of the masses, has launched an internship programme for differently-abled persons, with the aim to create a diverse pipeline of candidates as potential workforce for the banking industry, simultaneously supporting them to elevate their quality of life. This initiative […]

Standard Chartered Bank Pakistan Limited (SCBPL) has launched a special bank account for Women named ‘SC Sahar Women’s Account’. This innovative facility will cater to the evolving needs of the Bank’s female customers and reflects Standard Chartered’s focus on financial inclusion and empowerment of women. The SC Sahar Women’s Account will enable women to avail […]

Mashreq, one of the leading financial institutions in the Middle East and North Africa, announced today, the receipt of a no objection certificate (NOC) to establish its Digital Banking operations, under the Digital Regulatory Framework issued by the State Bank of Pakistan (SBP). Mashreq’s intention is to bring their digital expertise to Pakistan and further […]

The General Arab Insurance Federation (GAIF), the Arab international body focused on insurance and reinsurance, and Fintech Robos, a Bahrain-based firm specialised in savings and pensions technology and in organising financial conferences, have entered into a partnership under which they will collaborate in promoting platforms boosting financial literacy, financial inclusion, pension saving systems, and actuarial […]

Visa, the world’s leader in digital payments, has signed a Memorandum of Understanding (MoU) with Khazana Enterprise, a cloud-native technology provider for Government of Pakistan, in a strategic step towards driving digital transformation across the government sector in support of Pakistan’s cashless future agenda. The MoU included a number of offerings including best practices between […]

NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced a collaboration to implement ThetaRay’s cloud-based AML solution to monitor cross-border payments and support in the prevention of financial crimes and money laundering on the fintech’s payments platform. NOW Money selected ThetaRay’s advanced […]