Paymentology, the leading global issuer-processor, announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.  According to a recent Mastercard and Americas Market Intelligence (AMI) study, while most Latin Americans gained access to basic financial products between 2020 and 2023, 21% still rely exclusively on cash and are still excluded. […]

Temenos announced that United Bank Limited (UBL), one of the largest banks in Pakistan with 11 million customers, has gone live with Corporate Lending on Temenos digital banking platform as part of a comprehensive digital transformation of the bank’s retail, SME, and corporate banking for domestic and international customers on the Temenos platform.  The Temenos […]

With the surging demand of international business travel, leading global fintech platform Airwallex is partnering with Agoda, a global digital travel platform, to make travel planning easier for Hong Kong SMEs and startups. Airwallex Hong Kong customers will be able to enjoy exclusive discounts on accommodation bookings using their Airwallex Borderless Cards.   By booking through […]

Allied Bank Limited in collaboration with National Incubation Center Fintech Hackathon 2022 Finale was held in Lahore on 17th October 2022. The NIC and ABL aimed to find practical innovative solutions, prototypes and disruptive ideas that can transform Fin-tech, not just in Pakistan, but across the globe through this hackathon. The following thematic areas were […]

The National Incubation Center (NIC) Pakistan’s first of its kind and largest Incubation center, is hosting yet another exciting FinTech Hackathon in collaboration with Allied Bank (ABL) , one of the largest banks in Pakistan. If you are a coder, UI/ UX Expert or a problem-solver with a passion for FinTech, here’s your chance to […]

BankIslami Pakistan Limited announced its financial results for the quarter ended March 31, 2022. Underpinned by growth in customer base, increase in income levels and improvements in cost efficiency, BankIslami’s underlying operating profit before provisioning for 1Q22 registered an increase by 95.8% i.e.  increase from Rs. 684 Mn recorded during 1Q21 to Rs. 1,339 Mn […]

Rider, a tech-led last-mile delivery partner for e-commerce retailers, has raised US$2.3 million in a seed round led by venture capital (VC) firm Global Founders Capital, Fatima Gobi Ventures, and Asian Development Bank. TPL E-Ventures and Transhold also participated. The Karachi-based B2B2C service was launched in 2019 by Salman Allana, who was previously head of […]

Capital Bank Group selects Codebase Technologies to build and launch its first fully digital bank in Jordan and Iraq. The strategic partnership will enrich Capital Bank Group’s digital offering to its retail and corporate clientele. The Capital Bank Group initiative will spearhead digital transformation across the two countries, leveraging the countries’ combined 88% mobile penetration […]

Nayatel and Facebook announced a partnership to invest in fiber broadband in Pakistan to improve and expand connectivity in the country. High-speed, reliable, and affordable broadband has become a basic household necessity as the coronavirus pandemic continues to affect millions across the globe. Nayatel will deploy new fiber networks to serve as the backbone infrastructure […]

Khushhali Microfinance Bank Limited is pleased to announce the award of the ‘Best Microfinance Bank’ in Pakistan for the third consecutive year by The Institute of Bankers Pakistan. This is a testament to the performance of Khushhali Microfinance Bank over the years. The honor has been bestowed upon Khushhali Microfinance Bank Limited on the occasion […]