ISLAMABAD: Google for Startups has announced the launch of AI Academy, an innovative program aimed at supporting and accelerating the growth of AI startups in Pakistan and the Asia-Pacific (APAC) region. The program will bring together over 20 startups developing AI-based technologies, fostering a vibrant AI community within APAC, and igniting cross-border innovation and partnerships. […]
Karachi, August 07, 2024 – The State Bank of Pakistan (SBP) has merged its two subsidiaries, the National Institute of Banking and Finance (NIBAF) and the Institute of Bankers Pakistan (IBP), to form NIBAF Pakistan. This strategic move aims to strengthen the preparation of human resources for the banking and financial sectors. SBP Governor Jameel […]
In an exciting development, QaboolHai, a matchmaking platform that helps to find life partner has announced its partnership with Swich, an online payment gateway in Pakistan is ushering in an unparalleled financial experience to catalyze a fintech revolution. This collaboration promises to offer secure and hassle-free transactions for QaboolHai users, ensuring a smooth and seamless […]
Islamabad – In a significant move to strengthen Pakistan’s digital payment landscape, UPaisa, a leading digital financial services platform powered by U Microfinance Bank and Ufone 4G , has entered into a strategic partnership with Bookme.pk, the country’s premier online ticketing platform. This collaboration aims to integrate UPaisa’s payment API into the Bookme.pk app, providing […]
Karachi, July 31, 2024 — United Bank Limited (UBL), one of Pakistan’s leading commercial banks, has reported consolidated earnings of Rs15.27 billion for the quarter ending June 30, 2024, marking a significant 17% increase from Rs13.05 billion in the same period last year. The bank’s earnings per share (EPS) rose to Rs12.10, up from Rs10.39 […]
Islamabad – Federal Minister for Finance Muhammad Aurangzeb visited the Pakistan Banks’ Association (PBA) for a meeting with the Presidents and CEOs of leading banks. The focus of the discussion was on the banking sector’s role in promoting growth in agriculture, small and medium enterprises (SMEs), and the digital and technology sectors in Pakistan. During […]
JazzCash, Pakistan’s leading mobile financial services provider, has announced a strategic partnership with the Rural Community Development Programme (RCDP). This collaboration aims to simplify financial journeys for customers by enabling convenient loan repayments through JazzCash wallets. The partnership is a significant step towards promoting sustainable development through financial services, a core mission of the RCDP. […]
Karachi, Pakistan – Faysal Bank Limited has partnered with TouchPoint (Pvt) Limited to implement Cadepo, a cutting-edge Cash and Cheque Deposit Machine system powered by QMatch 2.0. This initiative aims to provide customers with a more convenient and efficient way to perform cash deposit transactions, significantly reducing wait times and enhancing the overall customer experience. […]
In a landmark partnership, TASDEEQ and the Bank of Punjab (BOP) have signed a Memorandum of Understanding (MoU) to revolutionize financial services for farmers through BOP’s Kissan Card program. This strategic alliance aims to streamline credit assessment processes, facilitate loan approvals, and provide farmers with easy access to credit facilities, fostering growth and development in […]
The Punjab Information Technology Board (PITB) and JazzCash have officially joined forces to advance digital payment solutions via the PayZen platform. The partnership agreement was signed by PITB Additional Director General Khurram Mushtaq and JazzCash President Murtaza Ali. Senior officials from both organizations were present at the signing ceremony, including PITB Project Director Haroon Rasul […]