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.
iTANZ Technologies Approves Rs5 Billion Authorised Capital Increase To Support Business Expansion
iTANZ Technologies Limited shareholders approve increasing authorised capital from Rs1.2 billion to Rs5 billion, enabling future growth and IT service expansion.
Quantum Global Data Center to Build Pakistan’s Largest Tier III Facility with $230 Million Investment
Quantum Global Data Centre partnered with Huawei Pakistan to launch a massive facility designed to support local cloud computing, digital services, and artificial intelligence infrastructure.
Pakistan Faces ‘Middle East Premium’ as IMF Relief Meets SBP Monetary Tightening
Pakistan’s economy is navigating fresh external pressures as geopolitical instability in the Middle East raises import costs and fuels inflation risks. While IMF financial support offers temporary relief, the State Bank of Pakistan’s tighter monetary policy highlights the growing challenge of balancing economic recovery with price stability.
SECP Grants NBFC License to Alibaba Group Associate Cocotech for BNPL Launch
SECP issues NBFC license to Alibaba Group associate Cocotech Pakistan to introduce Buy Now Pay Later services and boost the country’s digital economy.
Fasset Enters Pakistan Through HRL Partnership to Drive Digital Asset Adoption and Financial Inclusion
Federal IT Minister Shaza Fatima Khawaja endorses Fasset’s entry into Pakistan through a strategic partnership with Habib Rafiq Limited, aiming to expand digital asset access, tokenize real-world assets, and streamline payments for the country’s growing freelance workforce.
Pakistan’s Service Exports Surge as Other Business Services Drive Digital-Led Growth
Pakistan’s services exports recorded strong growth in the first five months of FY26, with Other Business Services emerging as a major contributor alongside IT exports, signaling a shift toward knowledge-based and digital economy sectors.
Pakistan Launches Digital Nation 2025 Vision, Expands FinTech and Virtual Assets Ecosystem
Advisor to Finance Minister Khurram Schehzad highlighted Pakistan’s “Digital Nation 2025” vision at ITCN Asia, focusing on digital governance, virtual assets regulation, SME support, and full government digitization initiatives.
Pakistan, Visa strengthen partnership to boost digital payments and financial inclusion
Pakistan and global payments leader Visa explore deeper collaboration to expand secure digital payments, strengthen financial inclusion, and support the country’s transition toward a modern digital economy.
CCP Discusses Digital Market Competition and Algorithm-Driven Business Risks in Pakistan
The Competition Commission of Pakistan (CCP) emphasizes challenges in digital markets, including big data, algorithmic business models, and enforcement needs, during a lecture on competition law by Dr. Amber Darr.