KARACHI, July 18,2026: K-Electric (KE) has partnered with Mashreq Pakistan to offer cashback rewards of up to Rs10,000 on electricity bill payments made through the Mashreq mobile app. Under the partnership, KE customers who hold or open a Mashreq Current or Current Profit Account can earn cashback ranging from Rs500 …
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KARACHI, July 13,2026: BankIslami has partnered with EFU Life Assurance and EFU General Insurance to offer affordable microtakaful products through its mobile banking application. Under the partnership, BankIslami customers can enroll in, pay for and submit claims for exclusive microtakaful plans directly through the app. The plans cover health, accidental …
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KARACHI, July 4,2026: The Pakistan Banks Association (PBA) has announced the second Pakistan Banking Summit 2026 (PBS’26), which will take place in Karachi on July 7-8. The summit will bring together policymakers, regulators, bankers, business leaders and international experts to discuss the future of Pakistan’s financial sector and the country’s …
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ISLAMABAD July 2,2026: The awards, presented by FinanceAsia, recognize leading financial institutions across the Asia-Pacific region for excellence in innovation, performance, and market impact. Mobilink Bank earned the recognition after delivering strong financial results and expanding its digital banking services over the past year. Despite climate-related challenges and pressure on …
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KARACHI, June 30,2026: Visa has launched new capabilities under Visa Accept and Visa Direct to help small businesses in emerging markets accept and send digital payments through smartphones. The new features allow street vendors, micro sellers, and online merchants to manage payments without additional hardware. Visa said the initiative aims …
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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 …
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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) …
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KARACHI, May 11 , 2026: Zong and Mashreq Bank Pakistan, have entered into a strategic partnership to enable the integration of telecom services within Mashreq’s digital banking ecosystem, enhancing customer convenience and advancing Pakistan’s digital financial landscape. Under this collaboration, Mashreq customers will be able to access a range of Zong telecom …
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