Digital Banking
NCCIA Arrests 15 Suspects in Cyber Crime and Fraud Crackdown
The National Cyber Crime Investigation Agency (NCCIA) has arrested 15 suspects involved in cyber crimes and online fraud during raids in Lahore and Multan, media…
Easypaisa Insiders Implicated in Rs 120 Billion Digital Gambling Syndicate
The fallout from Pakistan’s massive digital financial crisis continues to deepen. Following the initial revelation of an online gambling syndicate operating via digital wallets, detailed…
FIA Discovers Gambling Transactions Worth Nearly Rs.120 Billion Using JazzCash
The digital payments sector in Pakistan is facing an unprecedented crisis. Law enforcement agencies have officially uncovered a massive financial syndicate operating through mobile wallets.…
Govt Sets 2026 Deadline to Make Islamabad a Cashless City
Interior Minister Mohsin Naqvi has set a target to make Islamabad a cashless city by the end of 2026, as the government expands digital payment…
Meezan Bank App Glitch Exposes Private Accounts to Strangers
Recently, a severe technical glitch struck the Meezan Bank mobile app. The application mistakenly displayed different accounts to users instead of their own. Consequently, panic…
SECP Clears Rs. 1.5 Billion Capital Injection for HugoBank’s Digital Launch
The Securities and Exchange Commission of Pakistan (SECP) recently cleared a major hurdle for HugoBank Limited. The regulatory body officially approved the issuance of shares…
PTCL Set to Acquire Pakistan’s Largest Digital Wallet, Easypaisa
Pakistan Telecommunication Company Limited (PTCL) has taken the first formal step toward acquiring Easypaisa, Pakistan’s largest digital financial services platform. According to well-placed sources who…
ABHI Bank’s IPO: A New Chapter in Pakistan’s Digital Banking Journey
Eighteen months ago, we acquired a broken bank. Since then, through a secured lending model and a digital-first strategy, we have successfully transformed it into…
Poor Mobile Signals Turns Murree Trip Into Nightmare for Tourists
Mobile network performance across Malika-e-Kohsar, Murree has deteriorated sharply, leaving tourists and residents struggling to make calls, access the internet, and use essential online services…
PayPak Expands Beyond Debit: Local Credit Cards Coming to Pakistan
Pakistan is set to launch its first locally developed credit card under the domestic payment scheme PayPak later this year, 1LINK CEO Najeeb Agrawalla has…
Mobile Apps Lead the Charge as Digital Payments Hit Rs68 Trillion
Pakistan’s formal banking and payment channels processed 3.7 billion retail transactions worth Rs168.8 trillion in Q3 FY26, according to the State Bank of Pakistan’s Quarterly…
Nuvei Buys Payoneer for $2,750 Million in Cash Deal to Build Global Payments Giant
Montreal-based payments company Nuvei has agreed to acquire Nasdaq-listed Payoneer for $2,750 million in cash, creating a unified global financial platform covering more than 190…
FY Budget 2026-27: Digital Transactions Cross 10 Billion Mark
Federal Finance Minister Muhammad Aurangzeb announced during the FY2026-27 budget speech at Parliament House that digital banking users in Pakistan have reached 133 million. The…
