Banking
NayaPay, Alipay+ boost global payments into Pakistan
Karachi , January 23, 2024 : NayaPay, a rapidly growing financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International. The collaboration between NayaPay and Alipay+ is set to make a significant impact by deploying QR codes compatible with both RAAST and Alipay+ payment partners, including e-wallets and…
HBL and Visa announce winners of first edition of She’s Next program in Pakistan
Karachi ,January 19, 2024 : Visa (NYSE: V), a world leader in digital payments, together with HBL, Pakistan’s leading Bank today, announced five winners of Pakistan’s inaugural edition of the She’s Next program, Visa’s global platform dedicated to supporting women in their efforts to fund, run and grow their small businesses. Winners included Ziana Sakhia,…
Mastercard extends partnership with UBL to drive innovation in Pakistan’s payments ecosystem
Karachi, January 18, 2024: Mastercard and UBL have renewed its strategic business partnership focused on the issuance of debit cards in Pakistan. The multi-year collaboration will see the partners tap into opportunities to boost financial inclusion, meet evolving consumer expectations and showcase UBL as a key player in the country’s competitive digital payments landscape. UBL’s…
Faysal bank joins forces for State of the art consumer credit decision engine
Karachi, January 10, 2024 :Faysal Bank(FBL) one of the premier Islamic banks in Pakistan has partnered with Data Check; forming the industry’s first collaboration for “Hosted Decision Engine”, licensed by Qarar. Through this initiative the Bank aims to enhance process efficiency in the consumer digital lending space through advanced credit-scoring techniques, for the enablement of…
NBP Digital launches new mobile app donation feature
Karachi, January 10, 2024 : The National Bank of Pakistan (NBP) has embarked on a new initiative with the NBP Digital App to streamline and improve the digital customer experience for account holders, including both conventional and Aitemaad Islamic banking. This innovative feature in NBP Digital app allows users to make donations effortlessly with just…