NIBAF Hosts Specialized Training on Islamic Trade Finance in Lahore
NIBAF Pakistan successfully organized a two-day training program on Islamic Trade Finance in Lahore, equipping participants with Shariah-compliant trade finance knowledge. The program, led by expert trainer Iqbal Ibrahim Karamally, highlighted the growing importance of Islamic financial practices in Pakistan’s banking ecosystem.
NIBAF Trains Nearly 300 Askari Bank Officials in Foreign Trade Finance
NIBAF Pakistan has trained nearly 300 Askari Bank officials in Foreign Trade Finance through comprehensive and refresher training programs. The initiative strengthens banking expertise in cross-border transactions and highlights a growing focus on capacity-building in Pakistan’s financial sector.
1LINK Onboards Element Payment Solutions as Aggregator on 1BILL Platform with MMBL as Settlement Bank
1LINK has onboarded Element Payment Solutions as an Aggregator on its 1BILL platform, with MMBL as the settlement bank. The collaboration enables EPS sub-billers’ customers to make seamless, secure payments, reinforcing Pakistan’s digital payment ecosystem and financial inclusion initiatives.
Future Banking Summit 2025 Highlights Smarter Technology Driving Industry Transformation
The Future Banking Summit 2025 concluded successfully, showcasing how smarter technology is accelerating the transformation of the financial sector. Organized by TOTAL Communications, the summit brought together banking leaders, innovators, and partners to highlight the role of collaboration and innovation in shaping the future of banking.
BOP and Mastercard Collaborate to Provide Instant Credit and Cashless Payments for Farmers and MSMEs
Bank of Punjab and Mastercard have partnered to provide instant credit and cashless payment solutions for farmers and MSMEs. The initiative aims to enhance financial inclusion, promote digital transactions, and support Pakistan’s economic growth by enabling secure and efficient digital payments.
NADRA Technologies Joins 1LINK Affiliate Program to Enhance Cash-In Services with HBL as Settlement Bank
NADRA Technologies Limited has joined the 1LINK Affiliate Program for Cash-in Service with HBL as the settlement bank. The collaboration will integrate NTL’s e-Sahulat centers with 1LINK’s payment network, offering faster and safer cash-in services to customers and advancing Pakistan’s financial inclusion goals.
Govt Approves Rs3.5 Billion Subsidy to Drive Raast QR Payments and Cashless Economy
The federal government has approved a Rs3.5 billion subsidy to accelerate Raast QR payments under the Prime Minister’s Cashless Economy program. The scheme, managed by the SBP, incentivizes financial institutions to expand merchant onboarding and boost Person-to-Merchant transactions between September 2025 and June 2026.
Pakistani Fintechs Expand into Saudi Arabia Amid Vision 2030 Opportunities
Pakistani fintechs are entering Saudi Arabia’s growing digital economy under Vision 2030, securing partnerships and establishing subsidiaries to tap the Kingdom’s expanding fintech ecosystem.
JazzCash Shortlisted at Money Awards 2025 in USA for Payments and Banking Innovation
JazzCash has been shortlisted as a finalist at the Money Awards 2025 in Las Vegas, USA, in both Payments and Banking categories, marking Pakistan’s only representation at the global event for its financial inclusion and AI-driven lending initiatives.
Power Holding Limited Approves Early Redemption of Rs400 Billion Energy Sukuk
Power Holding Limited has approved the early redemption of Pakistan Energy Sukuk-I and Sukuk-II worth nearly Rs400 billion, a move aimed at optimizing its capital structure and reducing financing costs in the energy sector.