opportunities.
Finastra has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor and Fusion Risk solutions. This move will enable the bank to grow its financial markets division by developing new complex products and improving operational efficiency through automation. “As an innovation leader in Vietnam’s banking sector, the digitization and modernization of our business […]
Mastercard has partnered with TSYS to enable consumers to use their Mastercard to split transactions into instalments before, during, or after checkout. This partnership complements Mastercard’s comprehensive suite of merchant offerings through API-based solutions, commercial partnerships, and acquisitions across the globe. “Adding the installment lending function to a bank card is suitable for all parties in the transaction. […]
Cashfac and Sterling National Bank have announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities. The partnership will deploy Cashfac’s Virtual Bank Technology platform, delivered remotely via the Cloud. Consistent with Sterling’s strategy of providing technology-enabled solutions to small and medium sized businesses, Cashfac’s VBT platform will allow Sterling to provide scalable […]
Punjab Skills Development Fund (PSDF) has partnered with Extreme Commerce to launch an online training program for women to acquire skills as Amazon Virtual Assistants. The program will enable women to earn and be self-employed, while working remotely, during the current pandemic. The Covid-19 pandemic is an unprecedented crisis, and Pakistan is no exception. The […]
Pakistan’s leading Fiber to the Home (FTTH) broadband service provider, StormFiber, has joined hands with the Karachi United football club to induct their coaches and players to assist StormFiber in increasing its capacity to supporting existing connections and deploying new ones during the pandemic. Although the sports scene of Pakistan is dominated by cricket, […]
“Partnerships among industry players as well as across industries will constitute a key success factor as the digital age advances in Pakistan”, expressed Ali Sarfraz, CEO, Karandaaz during an exclusive Q&A session with Daily NewsPK while sharing his insights on the FinTech and start-up landscape in Pakistan and the impact of COVID-19 on it. 1. […]
“I think in the short term we will be seeing some difficulties with a lot of households struggling to meet their monthly needs. However, this is the time to focus and build new capabilities for when things become normal again”, said Muneeb Maayr, founder and CEO, Bykea during an exclusive Q&A session with Daily NewsPK. […]
1. How do you imagine the financial sector post-COVID-19? Covid-19 is an unprecedented event. The Pakistani economy will most likely sustain Rs2 trillion to Rs2.5 trillion losses in just three months, which will lead to an expected 18.5m jobless in Pakistan, and there will definitely be effects seen in the financial sector due to these […]
1- What are the challenges and opportunities there for you in the current crisis? The steady rise in COVID-19 cases has drastically changed day-to-day life across the globe and most importantly has completely shifted business operations all over the world. The pandemic has completely rearranged how business is conducting as well as show-cased change in […]
To connect and better understand the challenges of the customers and Captains, Careem’s Country General Manager along with his leadership team and colleagues took the wheels to drive around major cities across the country as Careem Captains. The teams were excited to participate in the activity where they drove around the city and picked up […]