JS Bank and Covalent Introduce JSense, an AI-Driven Chatbot Shaping the Future of Digital Banking in
JS Bank has partnered with Covalent to launch JSense, an AI-powered conversational chatbot built to elevate customer service, streamline digital interactions, and advance the bank’s technology-driven transformation.
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.
NIBAF Empowers Banking Sector with AI and Data Analytics Training to Strengthen Decision-Making
NIBAF hosted a two-day AI and Data Analytics training in Karachi for SBP and commercial bank officers, focusing on practical applications of intelligent tools to enhance decision-making, operational efficiency, and business intelligence in Pakistan’s financial ecosystem.
Aik Partners with PTCL to Strengthen Secure Cloud Infrastructure for Islamic Digital Banking
Aik, Pakistan’s first Islamic digital banking platform, has partnered with PTCL to deploy secure cloud infrastructure through PTCL Smart Cloud, strengthening resilience and enabling the expansion of Shariah-compliant digital services nationwide.
AdalFi Surpasses $200M in Partner Lending with Minimal Defaults as AI Credit Gains Traction in Pakistan
AdalFi’s AI-driven lending platform has facilitated over $200M in partner loans in Pakistan, maintaining a default rate of just 0.2%, as banks leverage intelligent digital credit models for faster, safer lending.
Haball Enables Unilever, Coca-Cola Icecek, and Colgate-Palmolive to Go Live on FBR Digital E-Invoicing
Haball has successfully enabled Unilever, Coca-Cola Icecek Pakistan, and Colgate-Palmolive to go live on the Federal Board of Revenue’s (FBR) digital e-invoicing system, marking a milestone in Pakistan’s digital tax transformation.
Allied Bank Introduces Mobile Tap-and-Pay on UPI-PayPak Cards Through Tokenization Technology
Allied Bank partners with UnionPay International and Paysys Labs to launch mobile Tap-and-Pay functionality using tokenized UPI-PayPak debit cards, setting a new standard in secure, contactless payments in Pakistan.