Karachi’s Historic Bohra Bazaar Goes Fully Cashless with QR-Based Digital Payments
Karachi’s historic Bohra Bazaar has transitioned to a fully cashless system through JazzCash’s QR-based payment solution, empowering merchants and customers with faster, safer, and more transparent digital transactions.
NIBAF Advances Digital Transformation with AI Leadership Code Training
NIBAF Pakistan conducted a two-day AI Leadership Code training on October 20–21, 2025, in Karachi. Led by Mr. Jibran Bashir, the program focused on AI strategy, governance, and leadership transformation, empowering officers from SBP, NIBAF, and commercial banks to lead digital change.
Paysys Labs and Al Baraka Bank Pakistan collaborate to implement SWIFT MT-MX Converter for ISO 20022 migration
Paysys Labs and Al Baraka Bank Pakistan have partnered to implement the SWIFT MT-MX Converter powered by OpenConnect, enabling the bank to align with SWIFT’s ISO 20022 CBPR+ standards and strengthen its digital financial infrastructure.
Pakistan plans debt maturity extension to strengthen financial resilience and lower refinancing risks
Finance Minister Muhammad Aurangzeb has announced plans to extend the maturity of Pakistan’s domestic and external debt portfolios to lower refinancing and interest rate risks, aligning with broader economic stability and financial resilience objectives.
Ibrahim Fibres Ltd. Goes Live on FBR’s Digital Invoicing System via Haball’s Wasl Platform
Ibrahim Fibres Ltd. successfully integrates into FBR’s Digital Invoicing System through Haball’s Wasl platform, advancing corporate digital compliance and automation in Pakistan’s business ecosystem.
Pakistan Post Struggles with Financial Crunch Amid Slow Digital Transformation
Pakistan Post faces a deepening financial crisis with a widening income-expenditure gap, driven by project cancellations, sluggish digitalisation, and declining service revenue. New initiatives with partner organisations aim to revive growth and trust.
Pakistan’s Per Capita Income Rises to Rs 42,000 Per Month Amid Economic Recovery
Pakistan’s per capita monthly income has reached Rs 42,000, supported by improved GDP growth and economic stability, as the government focuses on fiscal reforms and digital transformation to sustain inclusive growth.
Financial Inclusion in Pakistan Reaches 67% as SBP Targets 75% by 2028
Pakistan’s financial inclusion has climbed to 67%, with the State Bank of Pakistan aiming to push it to 75% by 2028. Governor Jameel Ahmad credits this progress to digital initiatives and inclusive policy measures.
Imtiaz Mehmood appointed as CIO to lead JS Bank’s digital transformation
JS Bank appoints Imtiaz Mehmood as Chief Information Officer to accelerate its digital transformation journey, strengthening its position as a future-ready, technology-driven financial institution.
Unilever Pakistan Goes Live on FBR’s Digital Invoicing System via Haball’s Wasl Platform
Unilever Pakistan successfully integrates with FBR’s digital invoicing system through Haball’s Wasl platform, marking a significant leap toward automation, compliance, and transparency in the corporate sector.