MCB Bank and NayaPay Join Forces to Digitize Remittances for Overseas Pakistanis
MCB Bank has partnered with NayaPay to streamline and digitize the home remittance process for overseas Pakistanis, combining MCB’s remittance network with NayaPay’s digital wallet platform to deliver faster and more accessible financial services.
State Bank of Pakistan Invites Fintechs to Apply for Regulatory Sandbox Under Vision 2028
The State Bank of Pakistan has launched its first Regulatory Sandbox under Vision 2028, inviting fintechs to test solutions for remittances, open banking, and merchant onboarding. Applications are open from August 25 to October 5, 2025.
SBP Overhauls Foreign Income Reporting to Support IT Exporters and Freelancers
The State Bank of Pakistan has revised the formats of ePRC and S-PRC to simplify foreign income reporting for IT exporters and freelancers, addressing longstanding concerns in the tech services sector and aiming to boost documentation and remittance flow.