Wired
Less than 1 min.Read

SME Bank Signs Agreement with VRG (Pvt.) Ltd.

Press Release
By Press Release

Islamabad: SME Bank Ltd. and Virtual Remittance Gateway signed an agreement for launching digital payment products & services and ‘Mobile Wallets’ for SME Bank’s customers. This agreement signing shall facilitate SME Bank’s strategy for competitive advantage through innovative technology.

Speaking at the occasion, President & CEO, highlighted that the greatest challenge of today in banking industry is to address mobility apart from information security and the signing of this agreement shall enable SME Bank to launch innovative products & services not only for its niche but for a broader market segment thereby contributing effectively and efficiently towards the economic development of Pakistan.

Source: http://smebank.org/media-center/activities/

Hot this week

DX

Finance Minister Muhammad Aurangzeb Reviews SECP Regulatory Reforms to Boost Capital Markets

0
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb visits the SECP to review strategic market reforms and digital transformation initiatives.
Wired

SECP and FBR Conduct Joint Awareness Webinar on Converting AOPs Into Corporate Entities

0
The Securities and Exchange Commission of Pakistan and Federal Board of Revenue hold a collaborative webinar to guide businesses on corporatization.
FinTech

Abhi Microfinance Bank Partners With Utopia Industries to Introduce Earned Wage Access

0
Abhi Microfinance Bank collaborates with Utopia Industries to provide employees with financial flexibility through the Earned Wage Access digital platform.
FinTech

Financial Consortium Secures Milestone PKR 4.76 Billion Financing Facility for Tech Manufacturing Expansion

0
The Bank of Punjab and InfraZamin Pakistan lead a banking consortium to close a major 10-year Islamic syndicated facility for Air Link and Select Technologies.
Global Insights

Bank Negara Malaysia Mandates Shift to Single Interoperable QR Payment Standard by 2028

0
Bank Negara Malaysia issues the Interoperable Fund Transfer Framework to phase out proprietary QR networks and consolidate digital payments on PayNet DuitNow infrastructure.

Topics

DX

Finance Minister Muhammad Aurangzeb Reviews SECP Regulatory Reforms to Boost Capital Markets

0
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb visits the SECP to review strategic market reforms and digital transformation initiatives.
Wired

SECP and FBR Conduct Joint Awareness Webinar on Converting AOPs Into Corporate Entities

0
The Securities and Exchange Commission of Pakistan and Federal Board of Revenue hold a collaborative webinar to guide businesses on corporatization.
FinTech

Abhi Microfinance Bank Partners With Utopia Industries to Introduce Earned Wage Access

0
Abhi Microfinance Bank collaborates with Utopia Industries to provide employees with financial flexibility through the Earned Wage Access digital platform.
FinTech

Financial Consortium Secures Milestone PKR 4.76 Billion Financing Facility for Tech Manufacturing Expansion

0
The Bank of Punjab and InfraZamin Pakistan lead a banking consortium to close a major 10-year Islamic syndicated facility for Air Link and Select Technologies.
Global Insights

Bank Negara Malaysia Mandates Shift to Single Interoperable QR Payment Standard by 2028

0
Bank Negara Malaysia issues the Interoperable Fund Transfer Framework to phase out proprietary QR networks and consolidate digital payments on PayNet DuitNow infrastructure.
Crypto

Bitcoin Halts Five Day Rally as Profit Taking Pulls Valuation to Sixty Two Thousand Mark

0
The leading digital currency pauses its recent winning streak due to short term investor selloffs despite posting positive metrics over weekly and monthly periods.
BFSI

Mobilink Bank Secures Three Top Honors at FinanceAsia Awards Dominating Digital Banking Category

0
The top microfinance institution lands regional acclaim for financial inclusion and technological innovation amid highly resilient localized asset and loan growth.
Wired

Punjab Revenue Authority Hikes Sales Tax on Restaurants and Service Sectors to Eight Percent

0
The provincial revenue body revises the sales tax rate upward from five percent for card payments at food outlets, marriage halls, and multiple other services.
spot_img

Related Articles

Popular Categories

WiredFinTechBFSIRegulatoryPaymentsCryptoe-Commerce
Previous article
SME Bank Signs Memorandum of Understanding with MobiDirect (Pvt.) Ltd
SME Bank Signs Memorandum of Understanding with MobiDirect (Pvt.) Ltd
Next article
NBP Signs Agreement in Balochistan for Automation of Tax Collections 
NBP Signs Agreement in Balochistan for Automation of Tax Collections