Faysal Digimall and LG partner to enhance digital finance and retail innovation in Pakistan
Faysal Digimall and LG have signed a strategic partnership agreement to strengthen digital financing and enhance customer experience, marking a major milestone in Pakistan’s evolving fintech and retail ecosystem.
Muhammad Atif Hanif’s journey at Al Baraka Bank Pakistan inspires Islamic banking leadership
Muhammad Atif Hanif, President and CEO of Al Baraka Bank Pakistan Limited, is redefining leadership in Islamic banking through over 26 years of financial expertise, strategic policy contributions, and commitment to economic growth.
Rehan Ali Qureshi Appointed as Department Head of IS Strategy and Policies at NBP
Rehan Ali Qureshi has been appointed as the Department Head of IS Strategy and Policies at National Bank of Pakistan. With 13 years of cybersecurity and IT governance experience, his leadership will play a key role in strengthening NBP’s digital security framework and guiding strategic security initiatives.
PACRA maintains A+ rating for Secure Logistics Trax Group following strategic merger and fintech expansion
PACRA has maintained the long-term entity rating of Secure Logistics Trax Group at A+ with a stable outlook, reflecting its strengthened market position, successful merger, and fintech-driven diversification strategy.
SBP unveils Zarkhez-e platform to boost digital financing for small farmers
The State Bank of Pakistan has launched the Zarkhez-e digital financing platform to provide collateral-free loans and input financing to small farmers, marking a major step toward digitizing agriculture credit in underserved areas.
RDA inflows surge 20% to $196 million in September, total inflows cross $11.1 billion
Roshan Digital Account inflows rose 20% month-on-month to $196 million in September, pushing cumulative inflows past $11.1 billion as the number of accounts reached 862,357, according to the State Bank of Pakistan.
Financial Inclusion in Pakistan Reaches 67% as SBP Targets 75% by 2028
Pakistan’s financial inclusion has climbed to 67%, with the State Bank of Pakistan aiming to push it to 75% by 2028. Governor Jameel Ahmad credits this progress to digital initiatives and inclusive policy measures.
Imtiaz Mehmood appointed as CIO to lead JS Bank’s digital transformation
JS Bank appoints Imtiaz Mehmood as Chief Information Officer to accelerate its digital transformation journey, strengthening its position as a future-ready, technology-driven financial institution.
PaySa and Covalent Forge Strategic Partnership to Accelerate Digital Payments Ecosystem in Pakistan
PaySa, a new Electronic Money Institution with in-principle approval from State Bank of Pakistan, has signed a strategic partnership with Covalent to implement its award-winning Taabiir platform. The collaboration aims to enhance Pakistan’s digital payments infrastructure and expand financial inclusion.
Abbasi and Company Joins Bank AL Habib’s Digital Payment Initiative for PSX Brokers
Bank AL Habib partners with Abbasi and Company to launch Pakistan’s first QR-based digital payment solution for PSX brokers, aligning with the national vision of a cashless and transparent financial ecosystem.