Financial institutions
Azentio Software (“Azentio”), a Singapore-headquartered software products business owned by funds advised by Apax, is pleased to announce the signing of a binding agreement to acquire certain software assets from Path Solutions (including the flagship products iMAL™, iSHRAQ™, Path Digital, and Path Analytics), a leading provider of core banking software. The transaction is contingent on obtaining relevant regulatory approvals and […]
At the 5th Stakeholders meeting on Digital Financial Services held on Monday, 2nd August 2021, Governor State Bank of Pakistan, Dr. Reza Baqir, announced two new initiatives to facilitate the introduction of digital financial products and services by financial institutions to benefit all segments of society. These initiatives are the introduction of digital cheques clearing […]
We are thrilled to announce that Path Solutions has emerged as a winner in the category ‘Best Islamic Fintech Company’ of the World Economic Magazine Awards 2021. Mohammed Kateeb, the Group Chairman and Chief Executive Officer of Path Solutions, commented, “At Path Solutions, we aim to create banking software solutions that enhance business operations and efficiently deliver […]
The Bank of Punjab (BOP), one of the leading financial institutions with a network of 640 branches across Pakistan, has signed an agreement with NdcTech, an award-winning regional partner of Temenos. The agreement was signed by Mr. Zahid Mustafa (Group Chief Consumer & Digital Banking – BOP) & Ms. Ammara Masood (CEO & President – […]
Emax Media, the first-ever internationally acclaimed entertainment digital network in Pakistan, has launched a dedicated Urdu OTT platform known as “UrduFlix,” offering original and exclusive content in Urdu worldwide. Emax Media and National Institutional Facilitation Technologies (NIFT) signed an agreement to enable digital payments through NIFT ePay. This collaboration will allow the customers of Emax’s […]
Path Solutions is thrilled to announce that it has won three different awards at Banktech Award 2021 held on Wednesday 9 June. The global Islamic banking software company won two different categories for Path Solutions ‘Best Islamic Finance Technology Vendor in Banking’, and ‘Best Digital Banking Technology Provider’, while Path Solutions’ Group Chairman & CEO, Mohammed Kateeb was selected as […]
We are pleased to announce that Path Solutions has won the TOP position in two categories in the IBSI Sales League Table 2021 (IBSI SLT); Islamic – Universal Banking | Core, Data Warehouse & Business Intelligence. Path Solutions re-affirmed the TOP position for twelve consecutive years in the IBSI Islamic Sales League Table 2021 with its industry-leading AAOIFI-certified digital banking […]
Wateen Telecom, a leading ICT company with a fiber infrastructure across 250 cities in Pakistan, has signed an agreement with Huawei Pakistan to modernize its countrywide data transmission network. Wateen will be deploying a state-of-the-art Optical Transmission Network from Huawei to revolutionize the digital landscape of the country. The agreement was signed in Lahore at the […]
FinTech Connect North America is where teams from major financial institutions go to benchmark digital transformation efforts, make informed buying decisions on the latest innovations on the market, and where fintechs come to accelerate dialogues with digital buyers with responsibility across digital transformation, payments, financial security, regtech, and blockchain. The past year has seen an […]
Advapay, a digital core banking platform for fintechs, today announced a new partnership with iSPIRAL, a regulatory technology software provider of AML, KYC, Risk, and Compliance solutions. The partnership will bring significant advantages to Advapay`s fintech clients connecting the fully-fledged Core Banking platform with the functionality of iSPIRAL`s RegTek+ solution for AML, KYC, risks, and […]