SBP Partners with Avanza Solutions for Banking Technology

SBP has selected Avanza Solutions as its technology partner to enhance its operational efficiency and modernize its technological development. Avanza Solutions, a leading provider of banking technology solutions, brings over 20 years of industry experience and a proven track record in delivering innovative solutions tailored to the financial sector.

The partnership will involve Avanza Solutions providing a comprehensive suite of resource augmentation services to meet SBP’s specific needs. These services include software development, specialized expertise, and custom software solutions.

Mr. Omer Ahmed Khan, CEO of Avanza Solutions, expressed his enthusiasm for the collaboration, stating, 

“We are honored to be selected by the State Bank of Pakistan. Our commitment to innovation will ensure that we deliver next-generation solutions that meet SBP’s needs.”

The partnership between SBP and Avanza Solutions marks a significant step forward in advancing Pakistan’s financial technology landscape.

Hot this week

JazzCash Chief Product Officer to Discuss Stablecoins and Cross-Border Payments at IAMTN Summit 2026

JazzCash Chief Product Officer Aamir Aftab will join an IAMTN Summit panel discussing stablecoins, remittances and cross-border payments.

ABHI Microfinance Bank Reaches PKR 500 Million Merchant Financing Milestone Through DigiKhata

ABHI Microfinance Bank and DigiKhata have crossed PKR 500 million in merchant financing, targeting PKR 1 billion by December 2026.

ABHI Microfinance Bank Joins EPL Summit 2026 To Discuss Digital Payments Financial Inclusion And Banking Technology

ABHI Microfinance Bank joins EPL Summit 2026 as Strategic Partner to contribute to discussions on digital payments, financial inclusion and banking technology.

Premier PayFast Joins Pakistan Fintech Network To Expand Digital Payment Services Across Businesses Nationwide

Premier PayFast joins Pakistan Fintech Network as an SBP-licensed PSP and MSP offering digital payment acceptance through cards, bank accounts, wallets and Raast.

PVARA Opens Virtual Asset Licensing Portal As Pakistan Ends Eight-Year Prohibition On Cryptocurrency Businesses

PVARA has notified virtual asset licensing regulations and opened its licensing portal for providers seeking to operate in Pakistan.

Topics

JazzCash Chief Product Officer to Discuss Stablecoins and Cross-Border Payments at IAMTN Summit 2026

JazzCash Chief Product Officer Aamir Aftab will join an IAMTN Summit panel discussing stablecoins, remittances and cross-border payments.

ABHI Microfinance Bank Reaches PKR 500 Million Merchant Financing Milestone Through DigiKhata

ABHI Microfinance Bank and DigiKhata have crossed PKR 500 million in merchant financing, targeting PKR 1 billion by December 2026.

ABHI Microfinance Bank Joins EPL Summit 2026 To Discuss Digital Payments Financial Inclusion And Banking Technology

ABHI Microfinance Bank joins EPL Summit 2026 as Strategic Partner to contribute to discussions on digital payments, financial inclusion and banking technology.

Premier PayFast Joins Pakistan Fintech Network To Expand Digital Payment Services Across Businesses Nationwide

Premier PayFast joins Pakistan Fintech Network as an SBP-licensed PSP and MSP offering digital payment acceptance through cards, bank accounts, wallets and Raast.

PVARA Opens Virtual Asset Licensing Portal As Pakistan Ends Eight-Year Prohibition On Cryptocurrency Businesses

PVARA has notified virtual asset licensing regulations and opened its licensing portal for providers seeking to operate in Pakistan.

Kuwait Caps Delivery App Commissions at 17% Under New E-Commerce Rules For Restaurants And Merchants

Kuwait has capped delivery platform commissions at 17%, while consumer delivery fees are limited to KD 1 per order.

Globe Residency REIT Profit Rises 7% To Rs578 Million In FY26 With Higher Revenue Growth

Globe Residency REIT reports a 7% increase in FY26 profit to Rs578.18 million, while revenue rises 83% to Rs4.80 billion.

Pakistan Virtual Asset Licensing Regime Goes Live Under New Regulatory Framework For Digital Asset Service Providers

Pakistan has activated its virtual asset licensing regime, requiring existing service providers to submit NOC applications by September 5, 2026.
spot_img

Related Articles

Popular Categories