Digital Banking
Digital Banking Pilot Project Faces Delay, Now Expected by Mid-August
2 min read
The National Assembly Standing Committee on Poverty Alleviation and Social Safety expressed dissatisfaction over the delay in launching Pakistan’s digital banking pilot project. Initially scheduled…
Digital Payments Now Make Up 89% of Retail Transactions in Pakistan
2 min read
Pakistan’s retail landscape has undergone a significant digital transformation, with nearly 90% of retail payments now processed through digital channels, according to the State Bank…
BISP & Pakistan Post to Collaborate on Digital Payment Solutions
2 min read
In a significant development, the Benazir Income Support Program has partnered with Pakistan Post to provide digital payment solutions for stipend distribution. Chairperson Benazir Income…
Supernet Secures Rs800 Million Deal to Enhance Banking Connectivity
2 min read
Supernet Limited (PSX: GEMSPNL) has signed a significant contract worth over Rs800 million with a leading bank to modernize its network infrastructure and enhance branch…
Pakistani Banks to Replace OTP with TPIN for Enhanced Digital Security
2 min read
The State Bank of Pakistan (SBP) has issued a new series of directives for banks and microfinance banks (MFBs) that have adopted the necessary measures…
SECP Warns Users Against Fraud Loan Applications in Pakistan
2 min read
A number of different loan lending companies are currently operating without being registered with authorities therefore making them illegal The Security and Exchange Commision of…
A complete guide to opening a Roshan Digital Bank Account
4 min read
The State Bank of Pakistan recently announced a new banking solution for Non-Resident Pakistanis called the Roshan Digital Account. The initiative, which incorporates 8 leading…
SBP will now allow digital account opening
2 min read
The State Bank of Pakistan (SBP) is considering the option to allow people to open accounts at banks with the need to be physically present.…
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