Tag: banking automation

Wavetec Onboards Ninth Cash Deposit Machine Client Expanding Banking Automation Footprint In Pakistan

Wavetec strengthens its banking automation presence in Pakistan by onboarding its ninth Cash Deposit Machine client, expanding partnerships with major banks.

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.