Tag: Banking technology

Leadership from 1LINK and MCB Bank meet to strengthen PayPak card issuance and acquiring initiatives to enhance customer payment convenience across Pakistan in 2026.

Meezan Bank reports a record monthly card spend of 45 billion rupees reflecting a massive shift toward digital transactions and cashless payments in Pakistan.

A new survey reveals 35 percent of European investors would switch banks for better crypto services as MiCAR regulation boosts confidence across the EU.

National Bank of Pakistan partners with ISTIQEME to deploy QR payment solutions, strengthen merchant onboarding, and support digital payment adoption across Pakistan.

U Microfinance Bank completes a major digital overhaul on April 9 2026 by launching the Temenos core banking platform to boost microfinance and Islamic banking.

MCB Bank Limited collaborates with Wavetec to deploy CQuick Cash Deposit Machines across its network to enhance digital transformation and customer convenience.

FinTech integration and AI adoption are reshaping Pakistan’s banking sector, driving customer satisfaction, improving financial performance, and accelerating digital transformation across financial institutions.

Raqami Islamic Digital Bank Limited achieves AA/A1 ratings from VIS Credit Rating Company signaling strong stability for Pakistans first Shariah compliant digital retail bank.

Meezan Bank and Visa meet in Karachi to accelerate digital transformation through Shariah-compliant payment solutions and enhanced cybersecurity initiatives.

1LINK and InfoTel Pakistan strengthen the country’s card personalization ecosystem with a new Matica personalization machine, enhancing capabilities for PayPak, co-badged, and UPI card programs while boosting efficiency, security, and scalability.

Faysal Bank has launched Pakistan’s first Co-Badge Debit Card in partnership with PayPak and Mastercard, offering secure, seamless, and globally connected payments while promoting financial inclusion and digital transformation.

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.