Tag: Pakistan banking

BankIslami Launches Tez Raftar Digital Consumer Financing Origination System

BankIslami launches Tez Raftar, an in-house digital consumer financing platform with automated DBR assessment, AI-powered income calculation, and scorecard-based credit decisions.

UBL Receives Three J.P. Morgan Awards for Global Payments and Correspondent Banking Excellence

UBL has received three 2026 J.P. Morgan awards recognizing its performance in USD and Euro clearing and correspondent banking.

Banks And Electronic Money Institutions To Upload Large Transactions To Central Hub

FBR mandates banks and electronic money institutions to e-upload data on deposits and withdrawals above Rs100 million to a new Central Data Hub for tax matching.

Allied Bank Customers Face Disruptions as App and Card Services Go Down

Allied Bank customers faced disruptions as digital banking and card services remained unavailable for several hours, affecting routine transactions and account access.

TouchPoint Drives Pakistan Deposit Automation Forward via Qmatch Technology Platform

TouchPoint expands deposit automation in Pakistan with over 1300 SBP approved deposit machines powered by Qmatch while targeting 2000 units nationwide.

NBP Onboards BEOE to Digitally Transform Public Fee Collections via RAAST

National Bank of Pakistan partners with Bureau of Emigration and Overseas Employment to digitize fee collections through RAAST P2M QR payments, boosting public sector transformation.

Zindigi Powered by JS Bank Secures Pakistan Best Digital Bank Title at Euromoney Awards

Zindigi powered by JS Bank wins Pakistan Best Digital Bank at the Euromoney Awards for Excellence for driving digital banking innovation and financial inclusion.

SBP Governor Launches HBL PayPak UnionPay Co-Badged Debit Card to Accelerate Cashless Pakistan Initiative

State Bank of Pakistan Governor Jameel Ahmad launches the HBL, UnionPay, and PayPak co-badged debit card, driving local digital infrastructure and global connectivity.

IBM Technology Summit 2026 Convenes Pakistan Financial Leaders to Debate Banking AI Governance

Financial leaders from Meezan Bank, Mashreq, 1LINK, and Faysal Bank assemble at the IBM Technology Summit 2026 to discuss AI integration and regulatory trust.

Bank Alfalah Partners with Oilco Petroleum to Drive Supply Chain Digital Payments

Bank Alfalah partners with Oilco Petroleum to onboard its retail network onto ALFA B2B and Raast QR platforms for automated collections.

State Bank Of Pakistan Highlights National Financial Inclusion Progress

The SBP NFIS Annual Progress Report details substantial growth across key financial inclusion metrics including digital payments and credit access.

UBL Launches Mobile Banking Unit to Facilitate Livestock Traders at Karachi Maveshi Mandi

United Bank Limited introduces UBL On Wheels a mobile banking unit providing digital financial services to traders and buyers at Karachi livestock market.