Deutsche Bank has announced that it is implementing an electronic banking signature solution together with Daimler Treasury in Singapore with potential application in further markets in Asia for the company’s treasury functions. Deutsche Bank has been Daimler’s long-term core transaction banking partner in Asia Pacific, providing cash management, documentary trade, and risk management solutions. The […]

BBVA has announced the launch of  Global Commercial Cards solution with issuance in eight countries across Europe and Latin America. It is aimed for corporate clients to help simplify and optimize corporate expenses paid using BBVA commercial cards. Global Commercial Cards solution allows companies to have greater control of employees’ use of commercial cards simplifying […]

The Securities and Exchange Commission of Pakistan (SECP) has granted approval for the launch of a Peer-to-Peer (P2P) Lending Platform under the first cohort of Regulatory Sandbox to support and encourage the Fintech revolution in the country. P2P lending is an innovative alternative digital platform that connects borrowers with individual lenders, who come together to […]

PayMongo has  announced its partnership with Vesta to further enhance the company’s advanced fraud detection capabilities. PayMongo’s collaboration with Vesta comes after its Stripe-led USD 12 million Series A funding. The partnership adds fraud assessment, customer account protection, and real-time reporting for PayMongo’s merchants. These features will be added on top of the company’s existing […]

Lu International and KASIKORN BANK  have launched FinVest, an online investment platform under the “Your Wings Your Ways” concept which can meet the needs of all investors. They announced a partnership in August and stopped releasing the platform. Investors can open an account through app  and buy mutual funds from leading asset management companies within […]

Fiserv has launched a business intelligence platform that enables financial institutions to optimize their card portfolio by harnessing market intelligence along with business and cardholder data. The platform aggregates key data and delivers actionable insights in easy-to-use, interactive dashboards, providing financial institutions with the information they need to make critical business decisions about the performance and profitability of their […]

Barclaycard Germany has partnered with Amazon to offer financing for purchases made through Amazon.de above EUR 100 The partnership will enable Amazon’s customers to pay for their purchases in instalments directly during the checkout process, while also having the option of setting up instalment payments for their future purchases. Barclaycard Germany will offer purchase financing […]

Sokin has announced partnership with Mastercard as as it prepares for the roll-out of its UK and European fixed-price subscription service. The partnership is founded on Sokin delivering its instant payment services with Mastercard’s digital banking solutions and card services. Through its multiple partners, Sokin offers currency exchange in 150 countries with wallets and cards […]

In the wake of the Covid-19 pandemic, where Pakistan experienced accelerated digital adoption, there was also a significant boost in the use of digital payments. In a recent dialogue held by the Institute for Policy Reforms, Irfan Wahab Khan, CEO of Telenor Pakistan, spoke about the significance and scope of digitizing the payment ecosystem through […]

Strong recovery in operational metrics backed by a focus on digital services expansion. Pakistan’s number one 4G operator and largest internet and broadband service provider Jazz invested over PKR 3.7 billion during the 3rd quarter of 2020 with a strategic focus to expand 4G services. During this period, 4G users reached 22.2 million, a 70% […]