Meezan Bank Launches TouchPoint QMatch Powered CCDM Services Across Pakistan
Meezan Bank launches TouchPoint’s QMatch powered CCDM at its Ayesha Masjid Branch in Karachi, with plans to deploy 300 machines nationwide.
SECP Approves Rs1.5 Billion Capital Increase For Pakistan’s First Digital Retail Bank
Securities and Exchange Commission of Pakistan has approved a Rs1.5 billion paid up capital increase for HugoBank, bringing Pakistan’s first digital retail bank closer to commercial operations.
HugoBank Receives SBP Approval To Begin Pilot Operations For Digital Banking Platform
HugoBank has received approval from State Bank of Pakistan to begin pilot operations, allowing the upcoming digital bank to test its products, systems and operational readiness.
TouchPoint’s QMatch Supports More Than 1,300 Cash Deposit Machines Across Pakistan
TouchPoint’s QMatch platform now supports more than 1,300 Cash Deposit Machines for leading banks across Pakistan, with plans to expand the network beyond 2,000 machines.
ABHI Bank Plans IPO To Accelerate Digital Banking Growth And Strengthen Capital Base
ABHI Bank plans to launch an IPO to raise approximately Rs2–3 billion, supporting digital banking expansion, technology investment and financial inclusion across Pakistan.
Mashreq Pakistan Appoints Muhammad Umar Ilyas as Chief Information Officer to Drive Digital Banking Capabilities and Technological Innovation
Mashreq Pakistan has named tech veteran Muhammad Umar Ilyas as its new Chief Information Officer to lead cloud transformation, AI, and digital growth.
PACRA Reaffirms MCB Bank Premium AAA Rating Amid Surge in Digital Banking Velocity
The Pakistan Credit Rating Agency has maintained MCB Bank Limited top tier AAA long term rating following a massive surge in digital transaction volume and strong deposit growth.
State Bank of Pakistan Financial Report Highlights Surge in Digital Payment Transactions
The latest Quarterly Payment Systems Review from the State Bank of Pakistan highlights massive growth in digital transactions and Raast platform usage.
State Bank of Pakistan Announces Public Holidays for Ashura
The State Bank of Pakistan will observe a two-day closure on June 25 and 26, 2026, for 9th and 10th Muharram, affecting all commercial banking operations nationwide.
State Bank of Pakistan Progress Report Shows Major Gains in Digital Payments and Financial Inclusion
The State Bank of Pakistan releases its NFIS annual progress report, highlighting a rapid increase in digital wallet adoption and reduced financial gender gaps.