Zindigi Wins Best Banking-as-a-Service Provider at Finovate Awards 2025, Showcasing Pakistan’s Fintech Growth
Zindigi, powered by JS Bank, has secured the Best Banking-as-a-Service Provider award at the Finovate Awards 2025 in the UK. This recognition highlights Pakistan’s rising role in fintech innovation and the platform’s impact on enabling financial inclusion and digital transformation.
HBL and foodpanda Explore Strategic Partnership to Accelerate Digital Payments in Pakistan
HBL and foodpanda Pakistan are exploring a strategic collaboration to boost financial inclusion and unlock new growth opportunities by converting cash-on-delivery transactions into seamless digital payments, driving Pakistan’s digital commerce forward.
National Bank of Pakistan Poised for Record Dividend Payout as Profits Surge
National Bank of Pakistan (NBP) signals a return to its historically high dividend payouts following record-breaking profits and robust capital adequacy, positioning itself for strong shareholder returns while sustaining growth through digital transformation and prudent risk management.
TPS Arabia Opens Riyadh Office To Expand Digital Banking And Fintech Services In Saudi Arabia
TPS Arabia launches its Riyadh office, offering banks, fintechs, and corporates AI-driven digital transformation, payments solutions, and managed services to support Saudi Arabia’s Vision 2030 initiatives.
RAKBANK Appoints Ashfaq Bandey as Executive Vice President – Head of Talent Acquisition and Management
RAKBANK has appointed Ashfaq Bandey as Executive Vice President – Head of Talent Acquisition, Onboarding & Talent Management. With 22 years of HR leadership experience across global markets, he is set to drive organizational transformation, inclusive culture, and data-driven talent strategies.
Mobilink Bank and SECP Partner to Digitize Corporate Banking in Pakistan
Mobilink Microfinance Bank Limited (MMBL) has signed an MoU with the Securities and Exchange Commission of Pakistan (SECP) to digitize and simplify corporate bank account opening for SECP-registered companies, advancing corporate governance and ease of doing business.
Bank Alfalah Posts PKR 15.27 Billion Profit in 1H 2025, Focuses on Digital Growth and Strategic Lending
Bank Alfalah reported PKR 15.27 billion profit after tax for the first half of 2025, maintaining strong capital reserves and advancing its strategy in corporate, SME, and digital banking growth despite market challenges.
SBP Launches Unified Digital Framework to Simplify Bank Account Opening for Individuals and Businesses
The State Bank of Pakistan has introduced a streamlined digital framework for customer onboarding, reducing paperwork and improving turnaround times for individuals and businesses opening accounts, while also pushing digital payment acceptance across merchants nationwide.
Roshan Digital Account Inflows Decline by 9% in June 2025 Despite Annual Growth
June 2025 saw a 9% drop in monthly inflows through Roshan Digital Accounts compared to last year, despite the platform recording strong annual growth. The decline raises questions around remittance behavior, investment sentiment, and future trends in diaspora banking.
PBA Leads Pakistan’s Banking Sector with Focus on Inclusion and Strategic Reforms
Pakistan Banks’ Association (PBA), under the leadership of Muneer Kamal, reinforces its mission to build an inclusive banking ecosystem by driving policy reforms and strategic collaborations across the financial sector.