India’s Paytm banking unit to cut about 20% of staff as business halt looms MUMBAI: Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty... Published 14 Mar, 2024 05:03pm
Markets KE & Visa forge partnership to power digital innovation KARACHI: Pakistan’s digital payments ecosystem is gradually moving towards a cashless journey where the utility... Published 06 Mar, 2024 04:18am
Technology Management buyout: Saad Niazi takes charge as acting CEO of Keenu Keenu, a leading player in digital payment services and an Electronic Money Institution (EMI), has announced... Updated 16 Feb, 2024 09:32pm
Business & Finance Digital payments: Faysal Bank and Total Parco sign agreement ISLAMABAD: Faysal Bank Limited and Total Parco, signed an agreement for the provision of cashless transactions ... Published 02 Feb, 2024 05:20am
Business & Finance Digital stack to help enhance growth rate: Shamshad ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar Thursday said digital stack would help the country to... Published 19 Jan, 2024 05:37am
Business & Finance ‘She’s Next’ programme: Visa, HBL announce names of 5 winners KARACHI: Visa (NYSE: V), a world leader in digital payments, together with HBL, Pakistan’s leading bank on... Published 18 Jan, 2024 05:54am
Business & Finance RIDB, Euronet Pakistan to launch first ‘Islamic Digital Bank’ KARACHI: Raqami Islamic Digital Bank (RIDB) and Euronet Pakistan Pvt Ltd have entered into an agreement to promote... Published 16 Jan, 2024 05:44am
Business & Finance JS Bank reflects on the year of progress and growth KARACHI: As the year 2024 begins, JS Bank, one of the fastest-growing banks in Pakistan, reflects on its journey of... Published 04 Jan, 2024 05:41am
Print Banks’ retail transactions: Q1 share of digital payments soars to 80pc KARACHI: The share of digital payments in retail transactions of the banking system increased to 80 percent during... Updated 31 Dec, 2023 07:19pm
Business & Finance Pakistan’s first: Bank Alfalah launches Digital Payments Sales, Service Centres KARACHI: Bank Alfalah, one of the leading commercial and digital banks, inaugurated Pakistan’s first Digital... Published 31 Dec, 2023 03:04am
Print ‘Regulatory Sandbox’: SBP issues guidelines KARACHI: The State Bank of Pakistan (SBP) has issued draft guidelines on Regulatory Sandbox for public consultation.... Updated 09 Dec, 2023 10:04am
Print Digital payments: SBP launches ‘Raast P2M’ service KARACHI: The State Bank of Pakistan (SBP) has launched an interoperable Raast Person to Merchant (P2M) service to... Updated 06 Dec, 2023 09:50am
Technology Adoption of digital payments can boost GDP by 7pc: study KARACHI: National adoption of digital payments in Pakistan by 2025 can boost gross domestic product (GDP) by 7... Published 04 Oct, 2023 06:20am
Business & Finance Digital banking services: KT Bank receives SBP approval LAHORE: KT Bank, an under formation digital bank has received in-principle approval from the State Bank of Pakistan... Published 27 Sep, 2023 06:08am
Technology OPay International confident it has muscle to tap Pakistan’s market Statement comes after company got SBP approval to fully acquire a commercially active Electronic Money Institution (EMI) licenced company Published 14 Sep, 2023 06:19pm
Print Effective today: No Raast services for 2 days due to system upgradation: SBP KARACHI: The State Bank of Pakistan (SBP) has announced that Raast services will remain unavailable for two days due... Updated 03 Sep, 2023 09:37am
Business & Finance JazzCash partners with Shell to enable QR payments ISLAMABAD: JazzCash, Pakistan’s leading digital financial services provider, has joined hands with Shell Pakistan... Published 31 Aug, 2023 06:00am
Business & Finance JS Bank records significant increase of 254pc in profit after tax KARACHI: JS Bank recorded a significant increase of 231 percent in profit before tax and 254 percent in profit after... Published 24 Aug, 2023 06:22am
Perspectives Digital currency: a game-changer for documenting the economy In recent years, digital money and payment systems have become the significant tools for improving the tracking of... Published 19 Aug, 2023 07:30pm
Business & Finance BOK and KMU collaborate for digital payments through Kuickpay PESHAWAR: The management of Bank of Khyber (BOK) and Khyber Medical University (KMU) jointly celebrate a momentous... Published 17 Aug, 2023 03:49am
Business & Finance Digitization of payments: Haball, Hutchison Ports Pakistan, Standard Chartered Bank sign accord KARACHI: Haball, the leading provider of digital supply chain payments solutions, and Hutchison Ports Pakistan, the... Published 15 Aug, 2023 06:30am
Business & Finance Visa inaugurates its new office in Pakistan KARACHI: Visa (NYSE:V), the world’s digital payments leader has officially inaugurated its new office in Pakistan.... Published 02 Aug, 2023 06:47am
Business & Finance Innovation Hub Award: Karachi-based fintech co wins Rs20m grant KARACHI: A fintech company based in Karachi, Swich, has won the Pakistan Innovation Hub Award that led to a grant of... Published 25 Jul, 2023 06:20am
Print Restaurants/eateries: Credit/debit card payments allowed at reduced 5pc ST ISLAMABAD: The government has taken a significant documentation measure by allowing credit/debt card payments at a... Updated 10 Jul, 2023 08:57am
Business & Finance Mastercard partners with JazzCash to revolutionise digital payments KARACHI: Mastercard has announced collaboration with JazzCash, the largest digital wallet provider in Pakistan... Published 08 Jul, 2023 06:20am
Business & Finance Innovative B2B payment solutions: Mastercard, SimpliFi join forces KARACHI: Mastercard has partnered with SimpliFi, the leading regional Cards as a Service (CaaS) platform, to enhance... Published 26 Jun, 2023 06:38am
Opinion Unmasking regressive banking In today’s fast-paced world marked by technological advancements and social progress, the banking industry has... Published 21 Jun, 2023 06:00am
Business & Finance SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end KARACHI: Digital payments and infrastructure of the banking sector continues to expand and e-banking transactions... Updated 30 May, 2023 09:22am
Business & Finance Meezan Bank enters into agreement with PaySa KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and PaySa, a fintech startup specializing in digital... Published 30 Mar, 2023 06:35am
BR Research SBP move leaves fintechs baffled SBP has recently made some changes in the fee and cost structure of payments associated with cards (debit and... Published 28 Mar, 2023 08:56am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?