Binance CEO Richard Teng Visits Islamabad for High-Level Talks on Crypto Regulation and Digital Asset Policy
Binance Global CEO Richard Teng held meetings with Pakistan’s top civil and military leadership in Islamabad as the country advances plans for a secure, compliant regulatory framework for digital assets and virtual asset service providers.
Executive AI Program by NIBAF Pakistan Prepares Bankers for AI-Driven Financial Industry
NIBAF Pakistan conducted a four-day executive program on Agentic AI, LLMs, and APIs, equipping banking and SBP officers with skills to navigate and lead in an AI-driven financial ecosystem.
Bank Alfalah Considers Ghazanfar Bank Acquisition Offer for Afghan Operations
Bank Alfalah accepts a non-binding offer from Ghazanfar Bank to acquire its Afghanistan operations, pending due diligence and regulatory approvals from SBP and Da Afghanistan Bank.
PayPak Usage Gap Sparks Push for Co-Badged Cards in Pakistan’s Digital Payments Ecosystem
Pakistan’s national payment scheme PayPak now accounts for over 25% of debit cards but only 6% usage. Regulators push co-badged cards to boost adoption, reduce reliance on foreign networks, and strengthen the country’s digital payments ecosystem.
Pakistan’s First Co-Badge Debit Card Launched by Faysal Bank with PayPak and Mastercard
Faysal Bank has launched Pakistan’s first co-badge debit card in partnership with PayPak and Mastercard, offering secure local and global payments while promoting financial inclusion and digital transformation.
Mobilink Bank and NAVTTC Join Forces to Boost Skills Training, Digital Inclusion, and Women’s Empowerment in Pakistan
Mobilink Bank partners with NAVTTC to strengthen skills development, expand financial inclusion, enhance digital literacy, and support entrepreneurship with a strong focus on women and youth across Pakistan.
Wateen Telecom Partners with Bank of Punjab to Establish AI Factory for Digital Banking Transformation
Wateen Telecom and Bank of Punjab have partnered to establish an AI Factory aimed at enhancing digital banking innovation, operational efficiency, and customer-centric AI solutions in Pakistan’s financial sector.
Soneri Bank and Euronet Pakistan Join Forces for Digital Payment Innovation
Soneri Bank signs strategic partnership with Euronet Pakistan to modernize card and acquiring business, enhancing digital payment solutions and secure transactions across Pakistan.
Bank Alfalah Launches Alfa Business Merchant Payment Solutions To Drive Cashless Economy
Bank Alfalah introduces Alfa Business – Merchants Payment Solutions to digitise transactions for merchants across Pakistan, offering QR payments, digital khatas, instant financing, and on-the-spot account services.
Allied Bank Launches Pakistan’s First RAAST-Enabled Cash Deposit Machines, Advancing the Shift Toward a Cashless Economy
Allied Bank becomes the first bank in Pakistan to introduce RAAST-enabled Cash Deposit Machines, enabling instant cross-bank deposits and accelerating the country’s transition toward a modern digital payments ecosystem.