Bank of the Future Forum 2023, one of the key banking and financial conferences in Pakistan, co-hosted by Systems Limited and Temenos, is set to take place on 5 October 2023 at PC Hotel Karachi. The 12th edition of BOFF will welcome over 500 C-Level executives from banks and financial institutions, regulators, fintechs, investors, analysts, […]

Konsentus has teamed up with Brankas to enable financial institutions, central banks, and regulators to accelerate their open finance journeys. The integrated technology solutions from two of the most established players in the business will deliver ease of use, security, and cost-efficiency for those setting up or participating in open ecosystems. The core service offerings comprise: Centralized […]

Bank ABC became the first bank in the Middle East to introduce faster cross-border payments to specific corridors for corporates and financial institutions utilizing J.P. Morgan’s Coin Systems. Coin Systems is a blockchain-based permission system that serves as a payment rail and deposit account ledger and sits within Onyx by J.P. Morgan. The soft launch […]

Telenor Microfinance Bank, the operator of Pakistan’s leading digital financial services platform, easypaisa, has received In-Principle Approval (IPA) for Digital Retail Bank (DRB) license from the State Bank of Pakistan (SBP) under the Licensing and Regulatory Framework for Digital Banks. This remarkable achievement positions TMB as a digital bank poised to offer a wide array […]

ACI Worldwide, a global leader in mission-critical, real-time payments software, announced a collaboration with Microsoft to help financial institutions and technical services enable instant payment transactions faster through ACI’s Real-Time Payments Cloud (RTPC) platform. Hosted in the Microsoft Azure environment, ACI RTPC is a multi-tenant SaaS platform that provides a payments interface between financial institutions […]

Temenos today announced that Temenos Payments Hub has become the first dedicated payments solution to deliver innovative payment capabilities on the IBM Cloud for Financial Services®, an industry-specific platform designed to accelerate financial institutions’ digital transformations with security at the forefront. Now, with the Temenos Payments Hub on IBM Cloud for Financial Services, the solution […]

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has made an investment in Erguvan, a climate and financial technology venture aimed at providing financial institutions and corporations with digital infrastructure, enabling them to manage the impacts and risks of climate change. The investment was made via Deniz […]

ACI Worldwide, a global leader in mission-critical, real-time payments software, announced the launch of digital central infrastructure, a single ISO 20022 native solution that bundles digital overlay services with ACI Central Infrastructure. ACI provides tailored consultancy and professional services to plan, design, and implement the solution, reducing complexities for customers and simplifying SLA management via […]

Saudi Awwal Bank has entered into an agreement with Wise, a global leader in international money transfers and management, with the aim to provide “SAB’s” customers with fast, secure, and cost-effective solutions for sending and receiving money internationally. This agreement falls within the framework of “SAB’s” contribution to achieving the goals of the Financial Sector […]

Qist Bazaar Private Limited, a fintech startup backed by Bank Alfalah has achieved a remarkable and groundbreaking milestone of being officially recognized by the Securities and Exchange Commission of Pakistan (SECP) as a ‘Shariah-Compliant Company,’ marking Qist Bazaar as the pioneering Buy Now Pay Later (BNPL) startup in Pakistan to attain such certification. This significant […]