Tag: banking automation

JS Bank Collaborates with Astrik and Grant Thornton to Automate IFRS 9 Expected Credit Loss & EIR Framework

Astrik and Grant Thornton have partnered with JS Bank to automate IFRS 9 Expected Credit Loss (ECL) and Effective Interest Rate (EIR) reporting, marking a major milestone in Pakistan’s banking automation and compliance innovation.

SBP to Roll Out PRISM+ Nationwide, Upgrading Pakistan’s Real-Time Settlement and Digital Payments Infrastructure

The State Bank of Pakistan (SBP) will launch PRISM+, a next-generation RTGS and Central Securities Depository system, on June 16, 2025, significantly enhancing the country’s digital payments and settlement infrastructure.