Pakistan Airports Authority Launches Digital Cashless Payment System Nationwide
The Pakistan Airports Authority (PAA) has introduced a nationwide digital cashless payment system across major airports, enabling travelers to make instant payments via QR codes and the Raast real-time payment platform, aligning with Pakistan’s Digital Economy vision.
Pakistan’s Mutual Funds Cross Rs. 4 Trillion Milestone Amid Digital Investment Boom
Pakistan’s mutual fund industry has achieved a major milestone as total assets under management crossed Rs. 4 trillion, signaling strong investor confidence, digital adoption, and financial awareness despite declining profit rates.
Imtiaz Khan Warsi Appointed as Head of Compliance at Aik Digital, Strengthening Governance and Transparency
Aik Digital appoints Imtiaz Khan Warsi, CAMS, as its new Head of Compliance, reinforcing its commitment to strong governance, regulatory compliance, and ethical business practices in Pakistan’s rapidly growing digital financial sector.
Link International Exchange Partners with SBP to Launch QR-Based Payments under Raast Across 75 Branches Nationwide
Link International Exchange joins hands with the State Bank of Pakistan to roll out QR-based payments under the Raast framework across its 75 branches, marking a key milestone in Pakistan’s journey toward a cashless and digitally inclusive economy.
Meezan Bank and Mastercard Enhance Cross-Border Payment Experience with “Spend Big, Win Big” Campaign
Meezan Bank, Pakistan’s premier Islamic bank, partnered with Mastercard to launch the “Spend Big, Win Big” campaign, aimed at encouraging international digital spending through Meezan Mastercard Debit Cards. The campaign not only rewarded customers with exciting prizes but also strengthened the bank’s focus on secure, seamless, and Shariah-compliant cross-border payments.
Systems Limited Posts 46% Surge in 9MFY25 Profit, Driven by Global Growth and Strong Digital Demand
Systems Limited reports a 46% year-on-year increase in profit for the nine months ending September 2025, fueled by strong international demand, expanding digital transformation projects, and a diversified global portfolio across banking, telecom, and technology sectors.
State Bank of Pakistan Strengthens Digital Financial Ecosystem with New Technology Risk Management Framework
The State Bank of Pakistan introduces a comprehensive Technology Risk Management Framework for Payment Institutions to bolster cybersecurity, ensure business continuity, and enhance digital financial resilience across Pakistan.
Karandaaz Pakistan and Walee Launch Khudmukhtar Khatoon: A Shariah-Compliant Digital Finance Solution for Women Entrepreneurs
Karandaaz Pakistan and Walee Financial Services have launched Khudmukhtar Khatoon, Pakistan’s first Shariah-compliant digital asset financing program for women entrepreneurs, aiming to drive inclusion, empowerment, and sustainable growth.
CDA Introduces Cashless One Window System to Drive Islamabad’s Digital Transformation
The Capital Development Authority launches a cashless One Window System in Islamabad, enabling digital payments for civic services and moving the capital closer to becoming Pakistan’s first fully digital and smart city.
SECP Certifies Walee Financial Services as Pakistan’s First Fully Shariah-Compliant Digital NBFC
The Securities and Exchange Commission of Pakistan (SECP) has certified Walee Financial Services as a fully Shariah-compliant Non-Banking Financial Company (NBFC), marking a milestone in Pakistan’s Islamic fintech landscape and strengthening faith-aligned digital innovation in financial services.