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 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 …
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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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KARACHI, June 15, 2026: Karandaaz Pakistan hosted a report launch and stakeholder dialogue titled “Digitalizing Transactions: Insights on E-Invoicing and Agri Spot Trading in Pakistan.” It brought together policymakers, regulators, financial institutions, private sector leaders, and development partners to discuss digital transaction infrastructure. Moreover, Karandaaz launched two research studies: E-Invoicing …
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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 …
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