Tag: mobile banking growth

Digital Frontiers in Banking: A Comparative Review of Technology, AI, and Cybersecurity Investments in 2024

A comparative review of 2024 technology, AI, and cybersecurity investments across Faysal Bank Limited, Habib Bank Limited, National Bank of Pakistan, Standard Chartered PLC, and United Bank Limited, highlighting billions in IT spending, AI integration, and strengthened cyber defenses as banks reposition technology as the foundation of competitiveness and trust.

Digital Transactions Account for Nearly 90% of Retail Payments in Pakistan in Q3 FY25

Pakistan’s digital payments ecosystem reached new highs in Q3 FY25, with 89 percent of retail payments processed digitally. Mobile banking apps, e-wallets, and SBP systems like Raast led the transformation, reflecting strong momentum in the country's shift to a cashless economy.