Pakistan
Thunes and Bank Alfalah Launch Cross-Border Payments in Pakistan
Singaporean fintech Thunes has announced a partnership with one of Pakistan’s largest banks, Bank Alfalah. The partnership will enable the global payments fintech to offer cross-border payments in Pakistan, a statement said. Both Abu Dhabi Group-owned Bank Alfalah’s clients and
Read More
Pakistani Digital Bank UBL Partners Temenos for Its Digital Transformation
Pakistan’s digital bank UBL has signed an agreement with Temenos and National Data Consultant (NdcTech) to provide and implement a next-generation digital banking solution. Through this agreement, the bank has embarked on a digital transformation journey across all channels, products
Read More
Western Union, Pakistan’s Faysal Bank Team up for Real-Time Account Payout Capability
Western Union, a provider of cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s Islamic banks, to enhance its real-time bank account payout network in Pakistan. Receivers of international money transfers in Pakistan benefit from
Read More
Top 9 Fintech Startups and Companies in Pakistan That Deserves Your Attention
Although the Pakistani government has managed to bring 21% of the adult population in the financial ambit in the past decade, fintech companies promise to significantly accelerate financial inclusion in the years to come. According to Rehan Akhtar, director of
Read More
Telenor Microfinance Bank Embraces Alipay’s Blockchain Tech for Remittance
Telenor Microfinance Bank, in partnership with Valyou Malaysia, has introduced Pakistan’s first blockchain-based cross-border remittance service using blockchain technology developed by Alipay, the online payment platform operated by Ant Financial Services Group (“Ant Financial”). The blockchain remittance service is provided
Read More