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.
Eocean and Meezan Bank launch innovative WhatsApp Banking partnership at Tech Carnival 2025
Eocean and Meezan Bank have announced a strategic WhatsApp Banking partnership at Tech Carnival 2025, powered by Eocean’s CPaaS platform. This collaboration marks a new era of digital transformation, making banking more secure, accessible, and personalized for millions of customers in Pakistan.
RDA inflows surge 20% to $196 million in September, total inflows cross $11.1 billion
Roshan Digital Account inflows rose 20% month-on-month to $196 million in September, pushing cumulative inflows past $11.1 billion as the number of accounts reached 862,357, according to the State Bank of Pakistan.
Pakistan Railways Partners with 1LINK and Finnect to Enable Nationwide Digital Payments
Pakistan Railways has signed a strategic agreement with 1LINK and Finnect, with support from State Bank of Pakistan, to digitize its collection system across multiple banking channels. The move aligns with the government’s vision of creating a cashless economy.
Allied Bank Joins Hands with Raqami Islamic Digital Bank for Cash Management Alliance
Allied Bank has entered into a Cash Management Alliance with Raqami Islamic Digital Bank, offering a range of services through ABL’s network. The collaboration supports digital-only, Shariah-compliant banking and highlights a joint vision for innovation, efficiency, and shared growth.
1LINK Engages Banking Sector Through Industry Webinar to Strengthen Pakistan’s Digital Payments Ecosystem
1LINK hosted an Industry Engagement Webinar for member banks, sharing insights on its performance, products, and value-added services to drive innovation, agility, and inclusion in Pakistan’s digital payments infrastructure.
Ahsan Jamal Appointed as Chief Digital Officer to Drive Bank’s Digital Transformation
The bank welcomes Ahsan Jamal as its new Chief Digital Officer, bringing extensive expertise in digital banking, payments, and fintech to accelerate innovation, enhance customer experiences, and strengthen its role in the digital financial ecosystem.
Easypaisa Showcases Pakistan’s Digital Finance Transformation at Money20/20 Middle East
At Money20/20 Middle East, Easypaisa CEO Jahanzeb Khan highlighted how insight-driven innovation is advancing financial inclusion in Pakistan, with 31% female users and PKR 9.5 trillion worth of transactions in 2024.
NIBAF Pakistan Conducts Capacity Building Program for Shariah Scholars to Support Evolving Financial Sector
NIBAF Pakistan conducts a two-day capacity-building program for Shariah scholars, enhancing their expertise in Islamic finance, fintech integration, and Shariah-compliant product oversight to support Pakistan’s evolving financial sector.
Allied Bank Partners with FGEI Rawalpindi to Digitize School and College Fee Payments
Allied Bank has partnered with Federal Government Educational Institutions (FGEI C/G) Rawalpindi to introduce a digitized fee payment system, enabling parents to pay school and college fees more securely and conveniently. This collaboration highlights the role of digital finance in improving accessibility and efficiency in Pakistan’s education sector.