Roshan Digital Account Inflows Decline in July 2024
The Roshan Digital Accounts (RDAs) witnessed a decline in gross foreign exchange inflows during July 2024. Inflows amounted to $161…
Pakistan Eyes Cashless Eid al-Adha with State Bank’s QR Code Payment System
The State Bank of Pakistan (SBP) is gearing up for Eid al-Adha by introducing a QR code payment system through…
Raqami Islamic Digital Bank Partners with 1LINK to Revolutionize Shariah-Compliant Digital Finance
Raqami Islamic Digital Bank Ltd. (RIDBL), a frontrunner vying for Pakistan’s first digital retail bank license, has joined forces with…
Mashreq Pakistan Taps PTCL for Data Center Expertise in Digital Banking Push
Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a subsidiary of the leading MENA financial institution Mashreq, have signed an…
Government Launches $78 Million World Bank Digital Economy Project with Dedicated Management Units
In a major move towards advancing the Digital Pakistan agenda, the Ministry of Information Technology (MoIT) has established a Project…
Mashreq Pakistan Taps PTCL for Data Center Expertise in Digital Banking Push
Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a subsidiary of the leading MENA financial institution Mashreq, have signed an…
MCB Islamic Bank Partners with Techlogix for Oracle Flexcube Upgrade
MCB Islamic Bank has announced a strategic partnership with Techlogix (Private) Limited to upgrade its Oracle Flexcube Core Banking system.…
Meezan Bank Achieves Pakistan’s First PCI 3DS Certification
Risk Associates, Pakistan’s foremost PCI Qualified Security Assessor (QSA), has officially certified Meezan Bank as compliant with the PCI 3DS…
MCB Islamic Bank Partners with Techlogix to Revolutionize Compliance Screening in Pakistan
MCB Islamic Bank and Techlogix have joined forces to implement the cutting-edge LexisNexis Firco Compliance Screening Solution. This strategic partnership…
Soneri Bank and NayaPay Partner to Boost Digital Payments in Pakistan
Soneri Bank and NayaPay have joined forces to streamline digital payments in Pakistan. This strategic partnership allows customers to easily…