Pakistan Eyes a Stablecoin Future Amid Innovation and Regulatory Challenges
As Sadapay’s new stablecoin venture Zar secures $12.9 million in seed funding, Pakistan faces a pivotal moment in balancing fintech innovation, remittance access, and regulatory oversight to protect national currency stability.
HABIBMETRO wins Pakistan Supply Chain Innovation of the Year Award at Asian Innovation Excellence Awards 2025
HABIBMETRO has received the Pakistan Supply Chain Innovation of the Year – Financial Services Award at the Asian Innovation Excellence Awards 2025 in Singapore, recognizing its commitment to digital transformation and innovation within the country’s financial sector.
Pakistan Showcases FinTech Innovations at Singapore FinTech Festival 2025
Pakistan’s fintech sector shines at Singapore FinTech Festival 2025, with Pakistani companies showcasing innovations, attracting international investors, and fostering global collaborations in digital finance.
Bank Alfalah Partners with CDA to Launch Pakistan’s First Cashless Model City Initiative
Bank Alfalah has joined forces with the Capital Development Authority (CDA) to implement a cash‑less payment system in Islamabad, marking a milestone in Pakistan’s digital finance landscape.
PayFast, Unity Retail, and SLGTrax Launch ‘Rah-e-Raast’ — Pakistan’s First Merchant-Friendly Raast QR Payment Solution
PayFast, Unity Retail, and SLGTrax have launched Rah-e-Raast, Pakistan’s first merchant-friendly Raast QR payment solution, enabling instant digital payments through QRs printed on parcel airway bills. The initiative supports SBP’s vision of promoting digital inclusion and a cashless economy across Pakistan.
State Bank Invites Proposals for WIFP Challenge Fund to Drive Gender-Inclusive Financial Innovation
The State Bank of Pakistan has opened submissions for the WIFP Challenge Fund 2025, inviting proposals to advance gender-inclusive financial innovation. The initiative aims to support ideas that use technology to improve women’s access to financial services across Pakistan.
MCB Islamic Bank Unveils SUBUK Mobile App to Boost Digital Banking and Customer Experience
MCB Islamic Bank has launched its new mobile banking app “SUBUK,” designed to enhance digital convenience, security, and accessibility for Islamic banking customers across Pakistan, marking a major step in its digital transformation journey.
Waqas Anis Appointed Chief Digital Officer at BankIslami to Lead Next Phase of Digital Transformation
BankIslami has appointed Waqas Anis as its new Chief Digital Officer. With over two decades of experience in banking, consulting, and technology, Waqas will lead the bank’s digital strategy, driving innovation, digital lending, and customer experience enhancement to strengthen BankIslami’s position as a technology-driven Islamic financial institution.
NIBAF Pakistan Explores Future of Automation with “Next-Gen AI – Agentic AI Essentials” Training
NIBAF Pakistan conducted a one-day intensive training titled “Next-Gen AI – Agentic AI Essentials,” aimed at empowering banking professionals with knowledge of autonomous AI systems, their strategic implications, and real-world integration within modern financial institutions.
PayFast Partners with Garaj Cloud by Jazz Business to Strengthen Pakistan’s Digital Payment Infrastructure
PayFast has partnered with Garaj Cloud by Jazz Business to strengthen its cloud infrastructure, ensuring secure, scalable, and reliable digital payment services. This strategic collaboration reinforces Pakistan’s fintech ecosystem and supports the country’s broader shift toward a digital economy.