Iftikhar Arif, General Manager, IT at Muller & Phipps Pakistan, outlines how we can protect customer data, maximize the potential of growth and ensure customer satisfaction by implementing the right data strategy. Q. How crucial is setting up a data strategy for the growth of an organization? And how are you using data to accelerate […]

Aramco and IBM announced preliminary plans for a strategic collaboration to establish an Innovation Hub in Riyadh, Saudi Arabia. The collaboration aims to support high-tech driven economic growth in the Kingdom of Saudi Arabia leveraging emerging technologies in hybrid cloud, AI, and quantum computing to address objectives including circular economy, materials science, supply chain, sustainability, […]

The West African financial sector has been witnessing a wave of digital innovation that has fueled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of […]

Bank of America has announced the launch of Account Validation, a fraud prevention service for corporate and public sector clients. Prior to initiating an electronic credit or debit payment, a client using Account Validation, can verify the status of an account and authenticate the account owner. Account Validation is supported by Early Warning Services, LLC […]

Shufti Pro and Open Systems Technologies International  have entered into a strategic partnership for assisting financial institutions in mitigating the risk of financial and identity fraud while staying in line with AML/KYC regulations.  Shufti Pro has signed a reseller agreement with Open Systems Technologies, an integrated IT solutions and service provider, to help deliver AI-powered […]

Khushhali Microfinance Bank is pleased to announce its recently deployed API Manager/Gateway as part of its strategy to implement a Digital Stack. The API Gateway provides an open API standard-based interfacing mechanism for seamless integration with Fintechs and other partners. The API Gateway is primarily designed to deliver agility, security, monetization, analytics, and overall lifecycle […]

Pakistan’s technology industry has been in a constant growth stage for the last decade but this has escalated particularly in the last 3 years by almost 97%, which has resultantly led to an exponential growth of all connected sectors in the country. In a post-Covid world, understanding technology is an inevitability not only because of […]

As the year 2020 comes to an end OLX, Pakistan’s no. 1 online marketplace, reflects on data-driven insights related to a wide range of product and services categories. It is important to analyze how the trend of various items and services exchanged through the OLX platform shifted, specifically during times when strict lockdowns seized operations […]

Banco Santander will be hiring 3,000 IT professionals worldwide this year to support its commercial, technological, and digital transformation. As part of the bank’s strategy to leverage its global scale and grow its customer base and revenues, Santander confirmed at its Investor Day in 2019 plans to invest over €20 billion in its digital transformation […]

  “We witnessed an encouraging shift towards digital payments over the past year. The use of e-wallets and mobile accounts grew by 8.2x year-on-year in March, while the use of bank cards and online banking increased by 1.9x each”, expressed, Ehsan Saya, Managing Director at Daraz (Alibaba Group), during an exclusive Q&A session with our […]