Qasif Shahid, Digital Banking head at MCB and the man behind MCB Lite — bank’s flagship mobile wallet — has… Read More
SBP Rules for Payment System Operators: Red Card Shown to Startups, Entrepreneurs
We recently discussed the need of an online payment gateway in Pakistan. And here we are with news from State Bank… Read More
Banks Deny to Issue Credit Cards to Freelancers, Bloggers and Entrepreneurs
Just yesterday we told you that Pakistan ranks in top five nations with freelancers. To be more precise, Pakistan stands 4th… Read More
Visa Launches Token Service for Securer Online Payments
Visa Inc. today announced the launch of Visa Token Service – an facility that will provide secure environment to help… Read More
Mobicash to Disburse PDMA Flood Relief Funds
Mobilink Team along with Waseela Microfinance Bank Limited(WMBL), has been assigned by Punjab Disaster Management Authority (PDMA) to distribute Punjab… Read More
Allied Bank Selects Oracle to Run Its Core Banking Applications
Allied Bank Limited has selected Oracle Exadata Database Machine and Oracle ZFS Storage ZS3-2 to replace its core banking hardware… Read More
Branchless Banking to cross 1 Million Daily Transactions by Year End: SBP
Average daily branchless banking transactions in Pakistan are estimated to cross one million mark with-in this year, said State Bank… Read More
Askari Bank Launches World MasterCard Credit Card
Askari Bank in collaboration with MasterCard announced the launch of Pakistan’s first World MasterCard Credit Card. The Card is specifically… Read More
Disruption Ahead: Mobile Wallets Soon to Disrupt Conventional Bank Accounts
By Qasif Shahid, Head of Digital Banking at MCB What mobile phones have done to landlines in this country is… Read More
Mobicash Footprint Expands to More than 35,000 Retailers in Pakistan
Mobicash retailer footprint has spread to more than 35,000 retailers across Pakistan in just 18 months, said a statement issued… Read More
Bank of Punjab, ZONG and Inov8 Join Hands for Branchless Banking
Bank of Punjab, Zong and Inov8 signed an MOU to announce their partnership for digitizing government flows via the branchless… Read More
Volume of Financial Transactions via Internet Banking Increases 16% in Pakistan
State Bank of Pakistan has said that total transactions in Pakistan carried through internet banking showed an increase of 15.7%… Read More
