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.
Government Accelerates Raast Expansion and Digital Economy Drive: PM
Prime Minister Shehbaz Sharif has directed provinces to expand Raast to the district level as part of the government’s drive towards a cashless economy. Plans include digital IDs for all citizens, stronger payment linkages, and expanded fibre infrastructure to accelerate financial inclusion.
Meezan Bank Hosts PayPak Hope Engagement Session at Mardan Branch
Meezan Bank Limited hosted a PayPak Hope Engagement Activity at its Mardan Branch, aiming to promote awareness of Pakistan’s local payment card scheme, support financial inclusion, and encourage adoption of secure digital banking practices.
NIBAF and Risk Associates Deliver PCI DSS v4.0 Cybersecurity Training for Pakistan’s Banking Sector
NIBAF Pakistan and Risk Associates have completed a two-day PCI DSS v4.0 cybersecurity training in Karachi, equipping banking professionals with global-standard skills in payment security, compliance, and cyber risk management to strengthen Pakistan’s financial sector defenses.
SBP Launches Unified Digital Framework to Simplify Bank Account Opening for Individuals and Businesses
The State Bank of Pakistan has introduced a streamlined digital framework for customer onboarding, reducing paperwork and improving turnaround times for individuals and businesses opening accounts, while also pushing digital payment acceptance across merchants nationwide.
Faysal Bank partners with Smart1-Tech to bolster digital payments for Pakistan’s MSMEs
Faysal Bank teams up with fintech Smart1-Tech to expand secure digital payment solutions for Pakistan’s MSMEs, advancing financial inclusion and strengthening the country’s cashless payment infrastructure.
Neem and Jubilee Life Join Forces to Digitize Insurance Payments and Enhance Customer Experience in Pakistan
Neem has partnered with Jubilee Life Insurance to digitize premium payments and empower agents through smart fintech solutions, reshaping how customers pay for insurance in Pakistan.
DWP Technologies Equips JS Bank with Cisco ACI to Strengthen Digital Infrastructure
DWP Technologies partners with JS Bank to implement Cisco’s Application Centric Infrastructure, enhancing network performance, security, and digital readiness in a transformative three-year agreement.