Global money transfer start-up PaySii has partnered with MFS Africa to facilitate remittances into Africa.  This partnership will allow the company to service customers sending money to mobile money wallets in Nigeria, Ghana, Uganda, Cameroon, Rwanda, Ethiopia, Côte d’Ivoire, Zambia, Madagascar, Malawi, Congo, Niger and Benin. The partnership will facilitate the money transfers into mobile […]

Mohsin Ahmed, CEO at Pakistan Microfinance Network (PMN), shares strategies to overcome low financial inclusion in Pakistan and how they are supporting members to promote innovation and entrepreneurship. Ahmed while discussing the affects to recent pandemic on Pakistani economy says, “The bigger challenge on the macro front is to interact with the global economy as […]

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. […]

Mastercard partners with Hero to create priceless possibilities for millions as they transform the digital payments and financial services landscape MENA. The solution will lead to superior consumer experience and financial security for consumers, riders and restaurants, spearheading growth of digital inclusion across the region and additionally drive operational efficiencies across Delivery Hero’s platforms. It […]

Instacart and 7-Eleven has announced partnership to offer same-day delivery to  its customers, often in as fast as 30 minutes.  Instacart will deliver of thousands of convenience, alcohol and grocery snacks, over-the-counter medicine, energy shots and drinks, and more.The service will be available after 8 a.m. from more than 750 locations in Dallas, Miami, Baltimore, […]

Telenor Microfinance Bank, the first scheduled microfinance bank of Pakistan and the operator of the country’s leading digital payments platform Easypaisa has received an investment of US$45 million from its shareholders Telenor Group and Ant Group Co., Ltd. (Ant Group). The investment by the shareholders has further strengthened the Bank’s capital position and placed the […]

Fawad Anwar, Managing Director of Alkaram Textile Mills, discusses the effects of the recent pandemic over businesses in Pakistan and what new opportunities have presented themselves due to this crisis. Anwar says that COVID-19 affected the whole world, it not only tested the resilience of the masses but also gave a wakeup call to the […]

Radius Bank, a US-based online bank, has selected Currencycloud, a B2B cross-border payments provider, to offer its clients the ability to send money to more than 180 countries. The partnership will allow clients to send money to over 180 countries, with Radius Bank leaning on Currencycloud’s API (Application Programming Interface) to allow outgoing payments to reach […]

Contactless payments platform EZ-Link and Malaysian e-wallet app Touch ‘n Go  has announced the launch of the Southeast Asia’s first dual-currency cross-border contactless smart card, called” EZ-Link x Touch ’n Go Motoring Card.” The card securely hosts two electronic purses – the EZ-Link purse in Singapore Dollars, and the Touch ‘n Go purse in Malaysian […]

Davit Satyan, Founder & CEO of YAN while conversing with Daily NewsPK explained what led them to build a single ecosystem for digital banking with ecommerce and a marketplace in one Super App. 1. What led you to create ‘YAN’? When was it founded? Historically, the banking sector in the UK has been dominated by […]