Bank Alfalah Introduces Pakistan’s First Prepaid Card to Redefine Digital Payments
Bank Alfalah has launched Pakistan’s first prepaid card, offering customers a seamless, rewarding, and accessible payment solution powered by Visa and integrated with Raast.
SBP Agrees in Principle to Legalize Digital Currencies as Pakistan Moves Toward Regulatory Framework
The State Bank of Pakistan (SBP) has agreed in principle to legalize digital currencies, paving the way for a new regulatory framework under the proposed Virtual Assets Bill 2025.
PM Shehbaz Calls BISP Digital Wallets a Breakthrough Against Corruption
Prime Minister Shehbaz Sharif praised the launch of BISP digital wallets as a milestone in Pakistan’s journey towards a cashless economy, aimed at reducing corruption, ensuring transparency, and empowering citizens through financial technology.
State Bank of Pakistan’s Expanding Role in Regulating Emerging Financial Technologies
The State Bank of Pakistan is taking on a dual role as a financial and tech regulator in the absence of modern data protection laws. With the launch of its Regulatory Sandbox, SBP is filling legislative gaps while urging policymakers to enact future-ready digital governance laws.
PBA Chairman Zafar Masud Calls for Breaking Data Silos, Unveils Plans for Financial Data Exchange
PBA Chairman Zafar Masud unveils plans for a national financial data exchange to break institutional data silos and enable inclusive, digital finance in Pakistan.
HBL Extends Branch Banking Hours Across Pakistan to Enhance Customer Convenience
Habib Bank Limited has announced extended banking hours across 153 branches nationwide, aiming to provide greater convenience to customers and support Pakistan’s growing financial needs.
Government Quietly Approves Over 50 Tax Exemptions Covering SBP, Fauji Foundation, Army Welfare Trust and More Under Finance Bill 2025-26
Pakistan’s Finance Bill 2025-26 quietly delivers over 50 tax exemptions benefiting state institutions, charitable organizations, and international financial bodies, raising questions on fiscal transparency and long-term economic impact.
Karandaaz Survey Shows Fourfold Growth in Financial Inclusion, but Gender and Regional Divides Persist
Karandaaz Pakistan’s 2024 Financial Inclusion Survey reveals a fourfold rise in account ownership over a decade, driven by mobile money, but highlights persistent gender and regional inequities. The RAAST system shows early promise amid enduring trust and usage barriers.