Forbes today released a list of the top billionaires in the world, where Bill Gates lost his crown to Mexican telecom tycoon, Carlos Slim. There is a good news that Business Tycoon Mian Mohammad Mansha has made his slot in Forbes billionaire list, first Pakistani to achieve the glory. Mansha’s Nishat Group is Pakistan’s largest exporter of cotton...
As we mentioned earlier today, Telenor has launched Easy Paisa Mobile Accounts. Curtain raiser is on the roll in Karachi right now – meanwhile, we got hold of this early product information that we are sharing with you. By definition, Easy Paisa Mobile account is similar to a bank account that you can manage through your cell phone. Or let’s put...
The electronic payments continued to show a rising trend as both the number and value of such transactions increased in the second quarter (Oct-December) of the current 2009-10 fiscal year (FY10). According to State Bank’s Second Quarterly Report on Retail E-Payments and Paper Based Instruments released on Friday, the volume and value of E-Payments...
Silkbank Limited has selected Oracle Database to modernize its banking operations. Silkbank Limited, formerly known as Saudi Pak Commercial Bank Limited, has selected robust, flexible and scalable Oracle Database platform to modernize its IT architecture to improve its banking applications and operations, business efficiencies and customer service. “Our...
By Steve Mollman, for CNN Imagine your life if you had no access to banks, ATMs, credit cards, or savings and checking accounts — just cash that you needed to hide or carry around. It would be hard to save, plan, get ahead, take chances, or feel secure. For billions of poor people in the developing world, that’s how life has always been...
National Bank of Pakistan in collaboration with four other major commercial banks in Pakistan is offering interest free loans for students. These interest free loans are aimed at helping students who need financial assistance to continue their education. Loans are provided to students enrolled in the disciplines of scientific, technical or professional...
Pakistani Banks have been quite popular in the print and media advertisement. Time and again we come across their brands in various shapes. Be it sponsorship, brand ambassadors or some other service they are offering. But making their online presence feel is something new from this sector. Banks in the West have been using this form of interaction with...
Novell today announced that BankIslami Pakistan Limited, a dedicated Islamic commercial bank headquartered in Karachi, has chosen SUSE Linux Enterprise Server and SUSE Linux Enterprise Desktop as its operating platform of choice. With around 1400 users in 102 branches, SUSE Linux Enterprise provides BankIslami Pakistan with a secure, scalable, reliable...
These days Mobile Commerce is probably the hottest trend in Pakistan’s telecom market. We know that Mobilink had sensed the potential in mobile banking/branch less banking, pretty early, however company took its time in executing the idea. News it that Mobilink is set ready to launch Mobile Commerce, under which it would introduce the concept of Branchless...
In the wake of emerging mobile technologies, the spread of mobile phones across Pakistan presents a remarkable potential for m- banking/ m- payments for financial providers as well as mobile operators. With the influx of alternate delivery channels (ADCs) in the banking sector, mobile banking has undoubtedly become the most popular trend in the buzzing...
Rozee.pk is known as Pakistan’s number one Job website. There is no doubt that rozee.pk has grasped the biggest market share over the internet for spreading mouth of word for good jobs in the diversified industries like Information Technology, Telecom, FMCG’s, Pharmaceuticals and Insurance. Today let’s analyze the No.1 job portal to know some...
We have seen time and again on Eid Holidays that ATMs of different banks get out of operation normally. State Bank has been telling them to co-operate with the customers but seems it all fall on deaf ears. Wake up State Bank!! But website being down is something new that we have came across. Since this morning i.e. third day of eid, we were unable to...
Telenor recently launched a service called ‘Money Transfer’ under the banner of Easy Paisa, through which any Pakistani citizen can transfer Money across the country through 4,000 outlets. This post will brief the process and steps involved in sending/receiving money through Money Transfer. To Send Money through ‘Money Transfer’ The Sender needs...
Tameer Microfinance Bank and Telenor Pakistan have announced launch of Money Transfer, said a statement issued by Telenor. Money Trasnfer is going to be the second in a suite of products being offered under easypaisa. We are told that service would be available for all customers, even if they don’t have Telenor connections. Original ID card and...
The State Bank of Pakistan and the Pakistan Telecommunication Authority have agreed to introduce a unified regulatory framework for enhancing mobile banking in the country. It has been decided to set up a ‘Joint Regulatory Committee,’ according to a ‘Joint Statement’ released after a meeting held at SBP, Karachi between State...
