Bank Tech

The State Bank of Pakistan directs banks and DFIs to adopt end-to-end digital onboarding for SMEs, leveraging video KYC, GPS, and digital credit scoring to enhance financial inclusion and streamline lending processes.

Bank Alfalah partners with Euro Oil Pakistan to deploy Raast P2M QR payments at over 150 fuel stations, advancing Pakistan’s cashless economy and promoting convenient digital transactions nationwide.

National Bank of Pakistan partners with NIFT to launch digital cheque services, including mobile cheque deposits, enhancing banking efficiency, convenience, and security across Pakistan.

JS Bank and Visa extend their strategic partnership in Pakistan to enhance digital banking, promote financial inclusion, and deliver innovative payment solutions for consumers and businesses.

Soneri Bank Limited has partnered with Euronet Pakistan to modernize its credit card and acquiring business through a fully outsourced managed services model. The collaboration will introduce advanced card issuance, POS acquiring, tokenization, and contactless payment options, strengthening Soneri Bank’s digital payments ecosystem and customer experience.

Meezan Bank has renewed and expanded its strategic partnership with Visa to enhance its Shariah-compliant debit card portfolio and introduce premium lifestyle-focused digital payment products, strengthening customer experience and reinforcing its leadership in Pakistan’s digital Islamic banking sector.