Mobile Wallets and Digital Bank Accounts Without Biometric Verification to Be Blocked From October 25
The State Bank of Pakistan’s new biometric verification regulations take effect on October 25, 2025, with unverified mobile wallets and digital bank accounts facing immediate service blocks under the updated customer onboarding framework.
NBP Exits Global Hubs: Shuts Down Paris and New York Branches Amid Strategic Consolidation
National Bank of Pakistan (NBP) closes its branches in Paris and New York as part of a global consolidation strategy, citing financial losses and regulatory compliance challenges.