Banks may be able to play a critical role in poverty alleviation. It can happen by sustaining the expanding trends of digital banking and access to banking for the poor. Financial experts from the banking and technology sectors presented these perspectives. By sustaining the expanding trends of digital banking and access to banking for the … Read more
KARACHI: The State Bank of Pakistan (SBP) has introduced a licensing and regulatory framework for digital banks in line with international best practice, a statement said on Monday. This is the first step towards introducing a completely digital bank that will provide all the banking services; from account opening to deposit and lending, through digital … Read more
LAHORE: The MCB Bank Limited (MCB) has entered into an agreement with the UnionPay International (UPI) to further facilitate e-commerce businesses, a statement said on Wednesday. Under the agreement, all e-commerce businesses that utilise the MCB e-Gate service will be able to receive patronage from the UnionPay International debit and credit card holders who will now … Read more
