CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
0
0
0
0
0
Subscribe
CW Pakistan
CW Pakistan CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PayTech

Karandaaz Pakistan Calls For AI In Digital Payments Challenge Applications

  • October 3, 2025
Total
0
Shares
0
0
0
Share
Tweet
Share
Share
Share
Share

Karandaaz Pakistan has announced a call for applications for its AI in Digital Payments Challenge 2025, inviting innovators, fintechs, and financial institutions to present artificial intelligence (AI) driven solutions that can transform Pakistan’s digital payments ecosystem. The initiative aims to explore how AI technologies can be practically applied to improve efficiency, strengthen security, promote financial inclusion, and create seamless customer experiences in the financial services sector. Interested applicants can submit proposals until October 25, 2025, with queries directed to the official Karandaaz program office via email.

The challenge reflects the growing need for advanced solutions in Pakistan’s digital financial landscape, where secure and user-friendly payment systems have become critical to maintaining trust and expanding usage. With more individuals and businesses adopting digital payments, the demand for technologies that can handle increasing transaction volumes while safeguarding data integrity has accelerated. AI tools, ranging from fraud detection and risk analysis to customer service automation, are now seen as vital components in enabling financial institutions to respond effectively to these needs.

By launching this challenge, Karandaaz Pakistan is encouraging participants at different stages of product development, whether piloting an AI solution, scaling an existing platform, or testing a proof-of-concept. This inclusive approach ensures that both established players and emerging startups can contribute to shaping the next phase of digital payments in the country. In particular, the initiative highlights the role of AI in tackling key barriers such as transaction fraud, limited access in underserved regions, and high operational costs. Through innovative applications of AI, the challenge hopes to surface solutions that not only meet business requirements but also expand digital access for millions of unbanked and underbanked Pakistanis.

Global financial technology trends already demonstrate the transformative power of AI in areas like predictive analytics, automated dispute resolution, personalized financial services, and compliance monitoring. For Pakistan, where the digital economy continues to expand and mobile-based transactions are growing rapidly, the adoption of AI is expected to accelerate modernization efforts across the payments ecosystem. The Karandaaz challenge therefore provides a timely opportunity for local innovators to test their solutions against international standards and demonstrate readiness for scale.

Applicants have until October 25, 2025, to submit their ideas, with further details available on the official application link shared by Karandaaz Pakistan (Apply here). Queries and clarifications can also be addressed directly through the designated email channel programofficedfs@karandaaz.com.pk. With this initiative, Karandaaz aims to create a collaborative platform where the most promising AI-powered innovations can emerge, setting a direction for the evolution of digital payments in Pakistan.

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem. 

Share
Tweet
Share
Share
Share
Related Topics
  • AI
  • AI challenge
  • digital payments
  • financial inclusion
  • Financial Institutions
  • fintech
  • Innovation
  • Karandaaz Pakistan
  • Pakistan startups
Previous Article
  • Academy & Studio

CWPK Academy And NIC Karachi Announce The Great AI Debate On AI Invention

  • October 2, 2025
Read More
Next Article
  • Ignite

Pakistan Startup Fund Official Launch Set For October 8 In Islamabad

  • October 3, 2025
Read More
You May Also Like
Read More
  • PayTech

FBR Integrates 10,562 Large Retailers Into POS System To Boost Tax Documentation

  • Press Desk
  • October 7, 2025
Read More
  • PayTech

SLG-Trax To Acquire Singapore’s Finova Following NBFC License For Subsidiary

  • Press Desk
  • October 5, 2025
Read More
  • PayTech

SBP To Route All Government Payments Through Raast By FY26

  • Press Desk
  • October 4, 2025
Read More
  • PayTech

Pakistan Establishes Strategic Digital Wallet Company To Manage Government Virtual Assets

  • Press Desk
  • October 4, 2025
Read More
  • PayTech

ABHI Selected For Mastercard Start Path SME Program To Expand Digital Finance Across MENAP

  • Press Desk
  • October 1, 2025
Read More
  • PayTech

IFC Hosts Regulatory Sandbox Webinar On Open Banking, Remittances, And Merchant Onboarding

  • Press Desk
  • October 1, 2025
Read More
  • PayTech

Swift Introduces Blockchain Ledger For Cross-Border Payments

  • Press Desk
  • October 1, 2025
Read More
  • PayTech

SBP Explains Two-Hour Cooling Period For Branchless Banking Wallet Transactions In Pakistan

  • Press Desk
  • September 30, 2025
Trending Posts
  • Between Movement & Mastery: How Pakistan Thinks in Games
    • October 7, 2025
  • FARMING IN THE SUN: When Solar Tech Feeds the World and Drains the Ground
    • October 7, 2025
  • YOUR AI TO-DO LIST: KNOW WHAT TO DO WITH AI!
    • October 7, 2025
  • THE SOUND OF TRUST: How AI Is Rewiring Human Response
    • October 7, 2025
  • THE PRICE OF NOTHING: Pakistan’s Free-to-Play Addiction
    • October 7, 2025
about
CWPK Legacy
Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
Read more
Explore Computerworld Sites Globally
  • computerworld.es
  • computerworld.com.pt
  • computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
CW Pakistan CW Pakistan
  • CWPK
  • CXO
  • DEMO
  • WALLET

CW Media & all its sub-brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. This site is designed by Crunch Collective. ©️1995-2025. Read Privacy Policy.

Input your search keywords and press Enter.