Tag Archives: BankingInnovation

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 …

Karachi, 14 May 2026: ASA Microfinance Bank (Pakistan) Ltd. has entered into a strategic collaboration with Avanza Solutions to strengthen its digital banking capabilities and expand access to formal financial services across Pakistan. The partnership marks a significant step forward in advancing financial inclusion and expanding access to digital financial services …