

FBR Reports Rs. 590 Million Collection from Point-of-Sale Service Fees in Last Fiscal Year
The Finance Ministry informed the National Assembly on Monday that the Federal Board of Revenue (FBR) collected a total of…

Meezan Bank and Mastercard Strengthen Partnership with Enhanced Debit Card Offerings in Pakistan
Meezan Bank, Pakistan’s leading Islamic bank, has renewed its strategic partnership with Mastercard through a newly signed Memorandum of Understanding…

Raqami Islamic Digital Bank Achieves ISO/IEC 27001:2022 Compliance with Risk Associates
Raqami Islamic Digital Bank Limited (RIDBL) has announced a major achievement in its commitment to information security by securing ISO/IEC…

1LINK Addresses Media Claims of ATM and Mobile Banking Outage Across Pakistan
In response to recent media reports suggesting widespread disruptions in funds transfers and cash withdrawals, 1LINK has assured its stakeholders…

ATM Withdrawal Issues Emerge as Connectivity Disruption Hits 1LINK Network
A significant connectivity disruption affecting various banks’ linkages with 1LINK, Pakistan’s largest interbank network consortium, caused considerable difficulties for customers…

SLIC Summit 2024 Introduces New Digital Services and Communication Framework
The State Life Insurance Corporation of Pakistan (SLIC) hosted the SLIC Summit 2024 on Thursday, officially launching its advanced digital…

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…