KARACHI ( Web News ) AlfaMall is Bank Alfalah’s revolutionary e-marketplace for merchants and customers, that is aimed at ‘Building Trust’ amongst them through a wide range of benefits. Taking a substantial stride in this regard, AlfaMall has announced a Grand Year-End Sale on 11.11, bringing a huge opportunity forRead More →

United Bank Works with VMware to Build a More Secure “Anywhere Workforce” for the New Digital Banking Era in Pakistan VMware NSX and Workspace ONE technologies deliver seamless, consistent and more secure access for United Bank’s critical workforce, enabling business continuity and resilience amidst the pandemic ISLAMABAD ( Web News ) Read More →

Naheed signs up with Habib bank for business banking KARACHI ( Web News ) Naheed Supermarket, one of the leading names in retail shopping in Pakistan, has signed up with HBL Pay to enable Transaction & Employee Banking Services. The agreement covers enablement of cashless banking products like; Internal BankRead More →

Mobilink Microfinance Bank Bags Gender Diversity at Workplace Award – Banks by CFA Society Pakistan ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) has won the prestigious Gender Diversity at Workplace Award (Banks) at the 18th Annual Excellence Awards Ceremony, by CFA Society Pakistan. ShaukatRead More →

President upholds banking mohtasib’s decision ordering Soneri Bank to return money ISLAMABAD ( Web News ) President Dr Arif Alvi has rejected the representation, filed by the Soneri Bank Ltd (SBL) against the order of the Banking Mohtasib, and has made the bank responsible to make good the loss ofRead More →

Bank Alfalah and Adal Fintech collaborate to provide Digital Supply Chain Financing LAHORE ( Web News ) Bank Alfalah, one of the largest private banks in Pakistan, and Adal Fintech, a Techlogix subsidiary focused on ‘Digital Financing,’ have collaborated to offer Digital Supply chain financing all over Pakistan. The scopeRead More →

Visa Helping Fuel ‘Buy Now, Pay Later’ Growth Around the World ISLAMABAD ( Web News ) As consumer demand for buy now, pay later (BNPL) solutions continues to grow, Visa (NYSE: V) today announced a growing list of issuers, acquirers and fintechs that are leveraging Visa’s technology – both itsRead More →

Mobilink Microfinance Bank Reports 53% Growth in Total Revenue in Q3 2021 ISLAMABAD ( Web News ) Pakistan’s largest Digital Bank, Mobilink Microfinance Bank Limited (MMBL) announced unaudited financial results for the third quarter of the current financial year ended September 30th, 2021. MMBL stayed on track and powered throughRead More →

Statement from National Bank of Pakistan, Cyber Attack on NBP servers KARACHI ( Web News ) In the late hours of the 29th and early morning of the 30th October, a cyber-attack on the NBP’s servers was detected which impacted some of it’s services. Immediate steps were taken to isolateRead More →

ISLAMABAD ( Web News ) The Islamabad Literature Festival (ILF) organized by Oxford University Press Pakistan (OUPP) is back with its 8th edition. As in 2020, this year due to the Covid-19 pandemic, the ILF is a digital edition. The Bank of Punjab is proud to sponsor Islamabad Literature FestivalRead More →

ISLAMABAD ( Web News ) Faysal Bank Limited (FBL), a leading name in Pakistan’s banking industry, announced a partnership with Sentbe, a South Korea based fintech money transfer service, for the remittance and real-time payment service. Among approximately 10,000 Pakistanis residing in South Korea, over 50 percent are using SentbeRead More →