Bank Alfalah Offers Up To PKR 3 Million Insurance Coverage To Current Plus Accountholders
Bank Alfalah has partnered with Alfalah Insurance to offer accidental death and permanent total disability coverage of up to PKR 3 million at no additional cost to PKR Current Plus Accountholders.
Mobile Wallets and Digital Bank Accounts Without Biometric Verification to Be Blocked From October 25
The State Bank of Pakistan’s new biometric verification regulations take effect on October 25, 2025, with unverified mobile wallets and digital bank accounts facing immediate service blocks under the updated customer onboarding framework.
SBP Rolls Out Biometric Verification for Cash Deposits to Secure Digital Payments in Pakistan
The State Bank of Pakistan has mandated biometric verification for cash deposits via retailers starting July 1, 2025, aiming to reinforce security in digital transactions and protect mobile wallet users.