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.
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 Digital Banks for Same-Day Corporate Accounts to Boost Startups
The Securities and Exchange Commission of Pakistan (SECP) collaborates with Mobilink Microfinance Bank, Easypaisa Bank, and Raqami Islamic Digital Bank to enable same-day corporate account opening for newly registered companies, promoting financial inclusion and a startup-friendly digital ecosystem.
Soneri Bank Teams Up with Euronet Pakistan to Modernize Credit Cards and Payments
Soneri Bank partners with Euronet Pakistan to transform its credit card and acquiring business, leveraging managed services, tokenization, and Google Pay integration to enhance digital payments and customer experience in Pakistan.
Quwat Services Onboarded on 1LINK’s 1BILL Platform to Boost Digital Bill Payments
Quwat Services Private Limited (QSPL) joins 1LINK’s 1BILL platform as a non-banking initiator, in partnership with Bank Alfalah, to provide secure and convenient digital bill payment solutions across Pakistan.
Prime Minister Shehbaz Sharif Accelerates Pakistan’s Digital and Cashless Economy Initiatives
Prime Minister Muhammad Shehbaz Sharif takes decisive steps to advance Pakistan’s digital economy and cashless transactions, with initiatives like ASAAN KHIDMAT and a $10 billion economic target over the next four years.
BankIslami Appoints Mujeeb Mohammad Syed as Chief Information Officer to Drive Digital Transformation
BankIslami has appointed Mujeeb Mohammad Syed as its new Chief Information Officer, leveraging his 28 years of experience in banking and enterprise technology to enhance digital capabilities, operational resilience, and technology-driven growth.
Meezan Bank Expands Strategic Partnership with Visa to Strengthen Premium Digital Debit Card Portfolio
Meezan Bank has renewed and expanded its strategic partnership with Visa to strengthen its debit card offerings, introduce premium lifestyle products, and elevate digital payment experiences across Pakistan.
Bank Alfalah and Shell Pakistan Roll Out Raast P2M QR Payments Across Fuel Stations
Bank Alfalah and Shell Pakistan have launched Raast P2M QR payments at 42 Shell fuel stations, enabling customers to scan and pay using any Raast-enabled banking app and advancing Pakistan’s digital payment ecosystem.
BankIslami and EFU Life Strengthen Partnership to Promote Shariah-Compliant Protection and Savings
BankIslami and EFU Life Assurance Ltd. have reinforced their partnership to offer Shariah-compliant protection and savings solutions, including EFU Takaful Spiritual Journey Plan and WIN Savings Plan, promoting financial inclusion in Pakistan.