industry news
Infinix, Pakistan’s leading smartphone the brand known for its innovative and state-of-the-art devices has partnered up with Daraz to bring exclusive discount offers at the Daraz Mobile Week, starting from 15th June till the 21st of June. With these bundle offers, customers can avail up to 4000 PKR discounts on Infinix’s all-new smartphones including the […]
Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic. Through the platform, people can now securely donate to Prime Minister Imran Khan’s COVID-19 Pandemic […]
In order to improve utilization of Risk Sharing Facility under SBP ROZGAR scheme, Governor SBP, Dr. Reza Baqir, held an online meeting with the Presidents of Chambers of Commerce and Industries of the 15 regions where SBP(BSC) offices are located. At the outset, the Governor highlighted that facilitation of the business community is a priority […]
Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch (both stable), successfully closed a USD 1 billion long 5-year Sukuk with a profit rate of 2.95% per annum, which is equivalent to 245bps over the equivalent tenor Mid Swap Rate. DIB’s $1 billion Sukuk is a landmark transaction as it is […]
Sberbank, one of Russia’s largest state-owned banks, has partnered with Visa and Russian supermarket, Azbuka Vkusa to open a cashier-less store where customers simply take items from shelves and are automatically charged. To use the all-new service, customers need to download the Take&Go mobile app by Sberbank, sign up, and associate a bank card with […]
Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based fintech firm Flutterwave. This feature has reduced the need for cash payments or direct withdrawals from their bank accounts, the latter being a somewhat problematic process that requires customers to give out sensitive card information. The partnership will allow […]
Pakistan Telecommunication Company Limited (PTCL) has deployed Nokia automation, analytics, and machine learning software to enhance customer experience and improve customer service accuracy and efficiency. Among the products rolled out are Nokia Service Management Platform (SMP), which automates and simplifies the entire customer care process, and significantly reduces the time to resolve customer issues while […]
Asif Ali has joined Cheetay as their Chief Technology Officer (CTO). He previously led strong tech teams at ePlanet, Goto, foodpanda and Careem and has more than 15 years of experience in tech development and Machine Learning. “We are very excited to have Asif spearhead our tech development,” said Majid Khan, CEO of Cheetay. “Asif […]
Centrapay, the digital asset integrator, has signed agreements with Coca-Cola Amatil (Amatil) in Australia and New Zealand to give thirsty antipodeans the option to use their Sylo Smart Wallet to pay for items across Amatil’s vending network using cryptocurrency. Centrapay’s world-class technology makes it easy for consumers, merchants, and machines to leverage digital assets in the physical […]
OPPO is days away from launching Find X2 Pro – the latest 4G all-around smartphone with one of the best high-quality screens in the industry. Previously launched in March in Malaysia and soon to be launched in India, the most anticipated smartphone OPPO Find X2 Pro is set to hit the Pakistani smartphone market on […]