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IBM and MIT Launch Computing Research Lab to Advance AI and Quantum Hybrid Systems

IBM and MIT expand their partnership with the new MIT-IBM Computing Research Lab focusing on the convergence of artificial intelligence and quantum computing.

Pakistan Passport Offices Transition to Mandatory Cashless Payment System

Interior Minister Mohsin Naqvi mandates a 15-day deadline for all passport offices to adopt cashless payments to eliminate agent interference and improve transparency.

Cross-Border Payment Gaps Drain 1.6 Billion Dollars from Pakistan E-Commerce Yearly

A new Payoneer report reveals that Pakistan’s e-commerce sector loses $1.61 billion annually due to checkout inefficiencies and cross-border payment friction.

EFU Life Insurance Achieves 100 Percent Success in BCP Validation and ISO 27001 Alignment

EFU Life Insurance completes a comprehensive Business Continuity Plan validation exercise with a 100 percent success rate ensuring operational resilience and ISO 27001 compliance.

1LINK Hosts Strategic Engagement Sessions with Member Banks to Streamline 1GO Raast Digital Payment Operations

1LINK (Pvt) Limited conducts industry engagement sessions with partner banks to align on operating guidelines for 1GO Raast P2M, POS, and eCommerce digital payment solutions.

OKX Launches Agent Payments Protocol to Power Full AI Business Cycles Across Global Blockchains

OKX introduces the Agent Payments Protocol (APP), an open standard enabling AI agents to handle autonomous commerce, negotiations, and escrow across multiple blockchains.
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Meta Reenters Crypto Space with USDC Stablecoin Payouts for Creators via Solana and Polygon

Meta launches digital currency payouts for creators in Colombia and the Philippines using USDC on Solana and Polygon blockchains following new regulatory frameworks.

US Treasury Seizes 500 Million Dollars in Iranian Crypto Assets Under Operation Economic Fury

Treasury Secretary Scott Bessent details a massive economic pressure campaign against Iran involving crypto seizures, asset freezes, and secondary sanctions on oil buyers.

Canada Moves to Prohibit Crypto ATMs in Major Effort to Curb Financial Fraud and Money Laundering

The Canadian government proposes a nationwide ban on crypto ATMs in its Spring Economic Update to protect citizens from scammers and illicit financial activities.

HBL and State Bank of Pakistan Host Roshan Digital Account Webinar to Connect Global Pakistani Diaspora

Leading financial institutions and regulators join a high-level webinar to discuss how the Roshan Digital Account is bridging distances for overseas Pakistanis through digital banking.

ECAP Chairman Malik Bostan Predicts Crypto Adoption Could Push Remittances to 50 Billion Dollars

Malik Bostan and Pakistan Crypto Council discuss how digital assets and formal crypto licensing could lower transaction costs and significantly boost national remittance inflows.

PVARA Engages with Prime Minister Office to Expand Virtual Assets Regulatory Sandbox for Financial Innovation

PVARA meets with technology entrepreneurs and government officials at the Prime Minister Office to discuss digital asset regulation and the future of finance in Pakistan.