Tag: Allied Bank

Allied Bank introduces Pakistan’s first RAAST-enabled Cash Deposit Machines, enabling instant, interoperable cash deposits into any bank account. This innovation enhances convenience, accelerates the transition toward a cashless economy, and supports financial inclusion across the country.

Allied Bank has entered a strategic partnership with Visa, aiming to enhance Pakistan’s digital payments ecosystem, introduce innovative card solutions, and improve customer experiences across the country.

Allied Bank, in collaboration with LUMS, hosted the 4th Fintech Hackathon to foster innovation in Pakistan’s financial technology ecosystem, bringing together startups, students, and tech professionals to develop digital solutions in areas like AI, green banking, and payments.

Allied Bank has revealed the top four winners of its 4th Fintech Hackathon 2025 in the Early-Stage Category, recognizing innovative solutions from BlockLease, Paymo, Cora, and AlliedVoice.

Allied Bank in collaboration with LUMS is hosting a webinar on August 8, 2025, to brief participants on the upcoming 4th Fintech Hackathon, covering themes, team structures, application processes, and prize details.

Allied Bank partners with UnionPay International and Paysys Labs to introduce Mobile Tap-and-Pay services for UPI-PayPak Co-Badge Debit Cards, enhancing security and convenience through tokenization technology in Pakistan’s digital payment landscape.