SECP Rolls Out Major Reforms to Boost Fintech Lending and Financial Inclusion in Pakistan
SECP announces major reforms in NBFC regulations to boost fintech lending, expand financial inclusion, strengthen consumer protection, and enhance governance and transparency in Pakistan’s digital finance ecosystem.
Pakistan to Disburse Next BISP Payments via Digital Wallets, Accelerating Cashless Economy
The Benazir Income Support Programme (BISP) will use digital wallets for upcoming payments, marking a significant step in Pakistan’s cashless economy initiatives and digital financial inclusion efforts.
BankIslami Enhances ‘aik’ Digital Platform to Expand Shariah-Compliant Banking and Lifestyle Services
BankIslami has enhanced its digital Islamic banking platform ‘aik’ with Raast QR payments, instant account opening, and Islamic lifestyle features, advancing Shariah-compliant banking and financial inclusion across Pakistan.
Walee Financial Services Becomes Pakistan’s First Shariah-Compliant Digital Nano-Financing NBFC
Walee Financial Services has been officially certified by the SECP as a fully Shariah-compliant NBFC, becoming the first digital nano-financing institution in Pakistan to achieve this milestone and advancing ethical, transparent, and responsible fintech solutions.
10th Pakistan Banking Awards 2025: Celebrating a Decade of Excellence in the Financial Sector
The 10th Pakistan Banking Awards will be held on November 14, 2025, celebrating a decade of excellence in Pakistan’s banking sector. The awards honor innovation, financial inclusion, governance, sustainability, and customer-centric banking practices across the country.
Hamid Minhas Appointed Head of Conventional Products at U Microfinance Bank to Drive Financial Inclusion
Hamid Minhas has been appointed Head of Conventional Products at U Microfinance Bank, aiming to strengthen the bank’s offerings, drive financial inclusion, and enhance innovative banking solutions for individuals, SMEs, and underserved communities across Pakistan.
HABIBMETRO and Visa Enter Strategic Growth Agreement to Accelerate Digital Payments in Pakistan
HABIBMETRO and Visa sign a strategic growth agreement aimed at boosting digital payments, enhancing card innovation, and expanding customer-centric financial solutions across Pakistan.
JS Bank and Visa Extend Strategic Partnership to Accelerate Digital Banking Innovation
JS Bank and Visa have extended their strategic partnership to advance digital banking innovation, enhance payment solutions, and promote financial inclusion across Pakistan’s rapidly evolving financial ecosystem.
Zindigi Leads Digital Transformation at Kabul Restaurant, Enabling Cashless Islamabad
Zindigi, powered by JS Bank, enabled Kabul Restaurant in Islamabad to adopt cashless payments within minutes, showcasing the power of fintech in supporting Pakistan’s Digital Pakistan initiative and advancing financial inclusion.
SECP Partners with Mashreq Bank to Enable Same-Day Corporate Account Opening
SECP and Mashreq Bank Pakistan Limited collaborate to launch same-day corporate bank account opening, integrating SECP’s eZfile system with Mashreq’s digital onboarding platform to accelerate business registration and financial inclusion.