KARACHI July 2,2026 : Visa has launched the Visa Threat Intelligence Platform (VTIP), a new cybersecurity solution that helps financial institutions detect cyber threats early and prevent fraud before financial losses occur. The platform uses the same cybersecurity capabilities Visa employs to protect its global payments network. It combines cyber …
Read More »SBP Launches Redesigned Website from July 1 to Improve Digital Access
KARACHI June 30,2026 : The State Bank of Pakistan (SBP) will launch its redesigned official website on July 1, 2026, offering faster access to information and a more user-friendly digital experience for the public and financial sector stakeholders. The new website, www.sbp.org.pk, is part of the central bank’s digital transformation …
Read More »ABHI Microfinance Bank, Airlink Partner to Expand BNPL Financing for Digital Devices
KARACHI June 30 ,2026: ABHI Microfinance Bank has partnered with Airlink Communication and its subsidiary, Select, to expand Buy Now, Pay Later (BNPL) financing for smartphones and other digital devices across Pakistan. The partnership aims to make digital devices more affordable by offering customers flexible installment plans and reducing the …
Read More »Digital Payments Reach 3.4 Billion Transactions in Q3 FY26: SBP
KARACHI June 25,2026: According to the report, Pakistan processed 3.7 billion retail payment transactions worth Rs168.8 trillion through formal banking and payment channels between January and March 2026. Notably, digital channels accounted for 92 percent of all transactions. Overall transaction volume increased by 9 percent compared to the previous quarter. …
Read More »SBP’s Raast Set to Process Record $500 Billion in Transactions by 2026
KARACHI June 23,2026: The State Bank of Pakistan’s instant payment system, Raast, is on track to process over $500 billion (around Rs140 trillion) in transactions by December 2026, according to Raast Payment Pakistan CEO Ahson Saeed on Tuesday. He said this would exceed Pakistan’s projected GDP of $452 billion for …
Read More »BankIslami Partners with Resecurity to Boost Cybersecurity and Customer Protection
KARACHI, June 23, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, signed a strategic partnership with US-based cybersecurity firm Resecurity. The bank took this step to strengthen its digital security and ensure a safer, Shariah-compliant banking experience. Moreover, Resecurity will provide Digital Risk Monitoring (DRM) and Cyber Threat Intelligence (CTI) …
Read More »SBP Releases FY27 MPC Calendar, Expands Communication for Greater Transparency
KARACHI June 23,2026 : The State Bank of Pakistan (SBP) released the advance calendar for Monetary Policy Committee (MPC) meetings for FY27. It also expanded its communication framework to improve transparency and predictability in monetary policy. Moreover, SBP increased post-MPC press conferences from two to four per year. The Governor …
Read More »BankIslami Launches BIPL Exchange to Expand Shariah-Compliant Financial Services
KARACHI, June 19, 2026: BankIslami has launched BIPL Exchange Company (Private) Limited, its wholly owned currency exchange subsidiary. As a result, the bank has expanded its financial services and strengthened Pakistan’s Riba-free financial ecosystem. BIPL Exchange began operations with the inauguration of its first branch. JS Group Founder Jahangir Siddiqui …
Read More »ABHI Microfinance Bank, NADRA Technologies Partner to Advance Digital Financial Services
KARACHI June 19,2026 : ABHI Microfinance Bank and NADRA Technologies Limited have signed a strategic partnership to accelerate digital financial services and expand access to secure, technology-driven solutions across Pakistan. Under the agreement, both organisations will explore new opportunities to improve financial inclusion and strengthen the country’s digital economy. In …
Read More »BankIslami Partners with Al-Hilal Shariah Advisors to Strengthen Shariah Compliance Using Data Analytics
Karachi, June 17, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has signed a Technical Services Agreement with Al-Hilal Shariah Advisors. Through this deal, both institutions aim to enhance Shariah screening and equity monitoring through data-driven tools. Under the agreement, Al-Hilal Shariah Advisors will provide technical support for screening listed …
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