Tag: Digital Banking

Faysal Bank will hold a financial literacy and account opening session in Bhutta Village, Keamari, on October 27 under an SBP initiative. Faysal Bank will hold a financial literacy and account opening session in Bhutta Village, Keamari, on October 27 under an SBP initiative.

Raqami Islamic Digital Bank has signed an MoU with NIC Karachi to help startups understand digital banking, improve financial readiness and prepare for business growth.

JS Bank has received the Customer Experience Innovation of the Year award for its connected digital ecosystem, including JS Mobile App, JS Bot and Zindigi.

UBL Digital has won recognition at the Global Retail Banking Innovation Awards 2026 for its voice-enabled banking initiative, highlighting digital banking innovation in Pakistan.

Mashreq has launched NEO BIZ in Pakistan, offering digital business accounts, payments and collections, with plans to add more financial management tools.

Raqami Islamic Digital Bank and FAST-NUCES Karachi have signed an MoU to promote industry engagement, student learning and career development.

Meezan Bank and DigiKhata partner to provide Shariah-compliant digital financing for e-commerce merchants through an automated digital processing model.

Pakistan’s Cashless Pakistan Initiative reports 306% growth in digital payment points, alongside rising digital transactions and mobile banking users.

Allied Bank and LUMS have opened applications for the 5th Fintech Hackathon 2026, offering PKR 5.3 million in prizes across two startup categories.

Pakistan and Mashreq Bank have discussed digital banking, financial inclusion, blockchain, Sukuk and potential additional Panda bond issuances.

Raqami Islamic Digital Bank has partnered with NiFT to support paper-based and digital cheque clearing, expanding its banking infrastructure and transaction processing capabilities.

The State Bank of Pakistan reports a rise in the Financial Inclusion Index to 59.5 in 2025, supported by digital payments, Raast merchant onboarding and digital banking initiatives.