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SBP to establish centralized banking data repository under Section 165AB
Posted inFinTech & TradFi

SBP to Get Centralized Access to Bank Data Under New Tax Rules

The State Bank of Pakistan (SBP) has been empowered to establish and operate a secure centralized virtual repository of banking data, bringing together prescribed information on financial transactions maintained by…
Posted by Zara Fatima September 10, 2026
SECP proposes reforms for safer insurance bonds and guarantees in Pakistan
Posted inFinTech & TradFi

SECP, Askari Bank Enable Faster Corporate Account Opening

Newly incorporated companies in Pakistan will be able to open corporate bank accounts more quickly and with fewer documentation requirements after the Securities and Exchange Commission of Pakistan (SECP) and…
Posted by Zara Fatima September 9, 2026
Pakistan shifts pensioner biometric and Proof of Life verification from banks to NADRA
Posted inFinTech & TradFi

Govt Removes Banks From Pensioner Verification Process

The federal government has removed commercial banks from the routine administrative process of biometric verification and Proof of Life Certificate (PoLC) validation for federal pensioners, shifting the verification mechanism to…
Posted by Zara Fatima September 9, 2026
easypaisa and KTrade enable instant PSX investment account opening
Posted inFinTech & TradFi

easypaisa, KTrade Enable Instant PSX Account Opening

easypaisa digital bank and KTrade have partnered to make stock market investment more accessible by enabling customers to open Pakistan Stock Exchange (PSX) investment accounts directly through the easypaisa app.…
Posted by Zara Fatima September 8, 2026
Muhammad Arif appointed acting President and CEO of ZTBL
Posted inFinTech & TradFi

ZTBL Chief Financial Officer Muhammad Arif Named Acting President and CEO

The federal government has appointed Zarai Taraqiati Bank Limited (ZTBL) Chief Financial Officer Muhammad Arif as the bank’s acting President and Chief Executive Officer, placing an existing senior executive at…
Posted by Zara Fatima September 7, 2026
SECP proposes reforms for safer insurance bonds and guarantees in Pakistan
Posted inFinTech & TradFi

SECP Adopts New Regulatory Changes to Strengthen Pakistan’s B-READY Standing

The Securities and Exchange Commission of Pakistan (SECP) has approved a package of regulatory reforms aimed at improving Pakistan’s performance in the World Bank Group’s Business Ready (B-READY) assessment, with…
Posted by Zara Fatima September 7, 2026
JazzCash onboards 1.7 million merchants onto Pakistan’s Raast QR network
Posted inFinTech & TradFi

JazzCash Brings 1.7 Million Merchants Onto SBP Interoperable Raast Network

JazzCash has onboarded 1.7 million merchants onto the State Bank of Pakistan’s interoperable Raast QR payment network, strengthening its position as one of the country's largest digital payment acceptance platforms.…
Posted by Zara Fatima September 6, 2026
Systems Limited expands its Cairo delivery hub with more than 380 new jobs
Posted inFinTech & TradFi

Systems Limited Pins Growth on AI Demand and Middle East Expansion

Pakistan-based technology company Systems Limited (PSX: SYS) expects its growth momentum to remain supported by rising enterprise spending on artificial intelligence, particularly across the Middle East, as the company expands…
Posted by Zara Fatima September 6, 2026
Oman-based hawala network used WhatsApp and e-wallets for transfers to Pakistan
Posted inFinTech & TradFi

Oman Hawala Network Used WhatsApp and E-Wallets for Pakistan Transfers

An Oman-based hawala network used WhatsApp, mobile-linked transfers and e-wallets to facilitate suspected unlicensed cross-border remittances to Pakistan, highlighting how traditional underground banking networks are adapting to digital financial tools.…
Posted by Zara Fatima September 6, 2026
SECP proposes reforms for safer insurance bonds and guarantees in Pakistan
Posted inFinTech & TradFi

SECP Registers 4,761 New Companies in August

The Securities and Exchange Commission of Pakistan (SECP) registered 4,761 new companies during August 2026, pushing the total number of registered companies in Pakistan to 311,765. The latest figures point…
Posted by Zara Fatima September 5, 2026

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