Mastercard partners with LMKR to build Pakistan’s first open-loop transit solution and simplify the commuter experience Partnership builds on Mastercard’s ongoing efforts to drive digital transformation across Pakistan KARACHI ( Web News ) Mastercard has announced a strategic partnership with LMK Resources Pakistan (Private) Limited (LMKR) to oversee the deploymentRead More →
MMBL Registers Record Growth in M-Wallets to retain top slot in the Microfinancing Industry ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has successfully retained its market standing as a leader in terms of microcredit and micro-savings during the third quarter of the financialRead More →
Easypaisa Revamps its App with Improved Money Transfer Features ISLAMABAD ( Web News ) In continuation of its efforts to improve and simplify customer experience, Easypaisa, Pakistan’s No.1 Payments App has added new features into its Money Transfer product. Based on extensive user research, a completely new interface provides brandRead More →
ISLAMABAD ( Web News ) President Dr Arif Alvi on Thursday upheld the decision of the Banking Mohtasib directing a private bank to credit the lost amount of Rs 800,000 to the victim of bank fraud. Rejecting the representation of the bank against the decision of the Mohtasib, the presidentRead More →
Prime Minister Imran Khan Awarded The Bank of Punjab Number 1 Bank Award for Kamyab Jawan Program LAHORE ( Web News ) The Bank of Punjab (BOP) has been given Top Bank Award under Kamyab Jawan Program by the Honorable Prime Minister of Pakistan Mr. Imran Khan at the “Kamyab JawanRead More →
Meezan Bank and ICBC Pakistan sign Tahawwut Master agreement KARACHI ( Web News ) A virtual ceremony was held to commemorate the signing of the Tahawwut Master Agreement (TMA) between Meezan Bank and Industrial and Commercial Bank of China (Ltd) Pakistan (ICBC Pakistan), which will allow Meezan Bank to execute Shariah-compliant hedging for CNYRead More →
Mobilink Microfinance Bank Limited and Darz partner in an industry-first linkage to Empower Women Entrepreneurs KARACHI ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has partnered with Daraz, Pakistan’s leading online marketplace to facilitate MMBL borrowers specifically women entrepreneurs, by enabling them to become sellersRead More →
Finance Minister Punjab, Mr. Makhdoom Hashim Jawan Bakht, inaugurated and attended the conference LAHORE ( Web News ) The Bank of Punjab (BOP) hosted an Investment Conference at Ritz Carlton Hotel, at DIFC, Dubai, on Saturday, 20th November, ‘21 wherein esteemed panelists / guest speakers spoke on topics of interest coveringRead More →
Standard Chartered Bank and TPL Trakker collaborate to secure Auto-Financing solutions KARACHI ( Web News ) Standard Chartered Bank (Pakistan) is a leading global bank which has partnered with TPL Trakker – the most advanced IoT Company in Pakistan, for Tracking, Telematics, Mapping and Location-Based Services. This strategic alliance hasRead More →
Easypaisa Partners with Barwaqt to Digitize Financial Services ISLAMABAD ( Web News ) Easypaisa, Pakistan’s leading digital payments platform has partnered with Barwaqt, an evolving instant loan disbursal service. Through this partnership, Barwaqt’s loan collection and disbursement processes will be digitized through Easypaisa’s best-in-class financial solutions. This partnership is theRead More →
First Islamic Fatwa Against Bitcoin As Indonesian Ulema Council Terms Crypto Un-Islamic Fatwas have no legal effect in the Southeast Asian nation of 270 million, but the declaration could potentially convince many Muslims to avoid involvement in cryptocurrencies. JAKARTA ( JAVED MAHMOOD ) Indonesian Ulema Council has termed Bitcoin andRead More →
President Dr Alvi has upheld BM ordering Al Baraka Bank and Habib Bank to pay 9.145 million to victims of bank fraud. ISLAMABAD ( Web News ) President Dr Arif Alvi has upheld two different decisions of the Banking Mohtasib (BM) ordering Al Baraka Bank Ltd (ABBL) and Habib BankRead More →