Paysys Labs and Al Baraka Bank Pakistan collaborate to implement SWIFT MT-MX Converter for ISO 20022 migration
Paysys Labs and Al Baraka Bank Pakistan have partnered to implement the SWIFT MT-MX Converter powered by OpenConnect, enabling the bank to align with SWIFT’s ISO 20022 CBPR+ standards and strengthen its digital financial infrastructure.
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.
Easypaisa Digital Bank Redefines the Future of Inclusive Finance at Pakistan Business Summit
At the Pakistan Business Summit, Easypaisa Digital Bank’s President & CEO Jahanzeb Khan highlighted how the bank is pioneering Pakistan’s digital-first financial ecosystem through AI innovation, open banking, and financial inclusion initiatives empowering youth, women, freelancers, and MSMEs.
IPL Welcomes New Talent to Strengthen Self-Service Banking Innovation in Pakistan
IPL has welcomed new team members to its growing family, reinforcing its mission to drive innovation and excellence in self-service banking solutions across Pakistan.
Amreli Steels Integrates with FBR’s Digital Invoicing System via Haball Platform
Amreli Steels has joined the FBR’s digital invoicing system through Haball, marking a major step toward automation, compliance, and transparency in Pakistan’s corporate sector.
NADRA Technologies Joins 1LINK Affiliate Program to Enhance Cash-In Services with HBL as Settlement Bank
NADRA Technologies Limited has joined the 1LINK Affiliate Program for Cash-in Service with HBL as the settlement bank. The collaboration will integrate NTL’s e-Sahulat centers with 1LINK’s payment network, offering faster and safer cash-in services to customers and advancing Pakistan’s financial inclusion goals.
Pakistan to Digitise All Government Payments by June 2026 as Cashless Economy Drive Accelerates
Pakistan plans to digitise all federal, provincial, local, and state-owned enterprise payments by June 2026, with SBP leading initiatives to expand secure and inclusive digital financial services.
DigiKhata Secures NBFC Lending License from SECP to Expand Digital Credit Solutions
DigiKhata Financial Services Ltd. has been granted an NBFC lending license by the SECP, marking its entry into regulated digital credit services to bridge Pakistan’s SME financing gap and boost financial inclusion.
Faysal Bank and OPay Cross Rs100 Billion in Digital Retail Payments, Marking Major Fintech Milestone
Faysal Bank Limited (FBL) and OPay have processed over Rs100 billion in digital retail payments, reflecting rapid adoption of secure and cashless transactions in Pakistan and underscoring the strength of bank-fintech partnerships.
Mobilink Bank Transforms Core Banking with Temenos R23 Upgrade and Systems Limited Partnership
Mobilink Bank has upgraded to Temenos’ cloud-native R23 core banking platform in partnership with Systems Limited, enhancing scalability, security, and digital services while reinforcing its role in driving financial inclusion in Pakistan.