SECP Diagnostic Study Reveals Opportunities to Boost Motor Third-Party Insurance Coverage in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has recently released a comprehensive Diagnostic Study, providing a detailed analysis of the current landscape of…
Boosting Pakistan’s Economy: New 400% Tax Increase on Debit/Credit Card Payments
In a move aimed at bolstering its foreign exchange reserves and addressing the outflow of dollars, Pakistan has taken a bold step by announcing…
Empowering Freelancers in Pakistan: HBL’s Collaborative Venture with PopCorn Studio
Karachi, Lahore, Islamabad, and Faisalabad are witnessing a significant collaboration between HBL and PopCorn Studio, a renowned co-working space provider. This strategic partnership was…
SECP Registers IGI Life Insurance as a Pension Fund Manager, Boosting Retirement Savings
The Securities and Exchange Commission of Pakistan (SECP) has officially registered IGI Life Insurance Limited as a Pension Fund Manager under the Voluntary Pension…
FBR Chairman Launches IRIS 2.0: A Major Upgrade to Pakistan’s Tax Filing System
Islamabad: The Federal Board of Revenue (FBR) Chairman, Asim Ahmad, announced the launch of IRIS 2.0, the upgraded version of the tax filing system…
HAQQ Blockchain: Advancing Financial Inclusion in Pakistan with Shariah-Compliant Solutions
Pakistan’s State Bank has been a pioneer in recognizing the importance of financial inclusion in the country. Despite various efforts, the World Bank’s Findex…
ABHI and BlueEX Introduce AbhiCOD: A Shariah-Compliant Loan Solution for E-commerce and SMEs in Pakistan
In response to the financial challenges faced by e-commerce platforms amidst rising inflation, ABHI, a leading financial technology company, has joined forces with BlueEX,…
Fintech Startup Swich Wins Pakistan Innovation Hub Award, Secures PKR 20 Million Grant
Karachi-based fintech company, Swich, has achieved a remarkable milestone by winning the prestigious Pakistan Innovation Hub Award, securing a generous grant of PKR 20…
State Bank of Pakistan Introduces Retail Digital Bank Licenses to Boost Financial Inclusion and Digital Transformation
In an effort to modernize Pakistan’s economy and foster financial inclusion, the State Bank of Pakistan (SBP) has launched a retail digital bank license.…
UBL: Pioneering Digital Banking in Pakistan for a Seamless Experience – Learn About Top-Tier Services and Innovative Solutions
UBL (United Bank Limited) is spearheading the digital transformation of banking in Pakistan with its cutting-edge technology and innovative solutions. With a mission to…
Jubilee General Insurance Launches My Jubilee App: Revolutionizing Motor Insurance in Pakistan
Jubilee General Insurance proudly introduces its cutting-edge digital solution, My Jubilee App, the first-ever End-to-End Digital Motor Insurance App in Pakistan. My Jubilee App…
Boosting Pakistan’s Remittance Inflows: Experts Propose Incentives and Innovative Services for Gulf Workers
KARACHI: Financial experts have highlighted that Pakistan can witness a substantial increase in remittance inflows, potentially rising from $14.28 billion to $20 billion, by…
Mobilink Bank Joins Forces with TIIES and PAFLA to Empower Entrepreneurs and Foster Economic Growth in Pakistan
Islamabad: Mobilink Bank, part of the VEON group, has entered into two separate Memorandum of Understandings (MOUs) with the International Institute of Entrepreneurship (TIIES)…
PTCL Explores Investment Opportunities in Pakistan’s Microfinance Sector
Karachi: The Pakistan Telecommunication Company Limited (PTCL) announced on Friday that it is actively exploring potential investment opportunities in the country’s microfinance sector. In…
SECP Appoints Falak Sher Soomro as Insurance Advisor to Drive Sector Reforms
Karachi: The Securities and Exchange Commission of Pakistan (SECP) has recently made a significant appointment, naming Falak Sher Soomro as Advisor to the Commission…
PayFast and UBL Partner to Revolutionize Digital Payments in Pakistan
PayFast, a licensed payment gateway, and UBL, one of Pakistan’s largest commercial banks, have joined forces in a strategic partnership to transform the landscape…
FIA Cracks Down on Unscrupulous Loan Apps, Arrests Six Suspects Involved in Blackmail Scheme
Islamabad: The Federal Investigation Agency (FIA) is making significant strides in its crackdown on an illegal online loan apps syndicate involved in blackmailing citizens.…
State Bank of Pakistan Reveals Plans for Central Bank Digital Currency (CBDC) Amidst SME Bank Closure
Karachi: State Bank of Pakistan (SBP) Governor Jameel Ahmad informed the Senate’s Standing Committee on Finance and Revenue about the central bank’s ongoing efforts…
Jubilee Life Insurance and Daewoo Express Join Forces to Offer Unique Passenger Insurance Coverage
Jubilee Life Insurance and Daewoo Express have announced an unprecedented strategic partnership that will provide insurance coverage to Daewoo passengers. Daewoo Express, serving more…
Beware of Easypaisa Account Block Fraud: FIA Warns as Scammers Target Digital Wallet Users in Pakistan
In a public service announcement issued in January 2021, the Federal Investigation Agency (FIA) highlighted the alarming “Easypaisa Account Block Fraud.” According to the…