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Easypaisa denies reports of a 2% service charge on bank-to-wallet transfers and calls the information misleading.
Posted inFinTech & TradFi

Easypaisa Denies 2% Bank-to-Wallet Transfer Service Charge

Easypaisa has rejected reports claiming that it introduced a 2% service charge on bank-to-wallet transfers, calling the information false and misleading. The digital payments platform clarified that the reported fee…
Posted by Zara Fatima August 11, 2026
SBP forecasts Pakistan's real GDP growth at 3.5% to 4.5% for FY27.
Posted inFinTech & TradFi

SBP Forecasts Stronger Economic Growth for FY27

Pakistan's economy is expected to pick up pace during fiscal year 2027, with the State Bank of Pakistan (SBP) forecasting real GDP growth between 3.5% and 4.5%. The projection suggests…
Posted by Zara Fatima August 11, 2026
Allied Bank's mMyABL mobile banking app faces widespread service disruption affecting customers across Pakistan.
Posted inFinTech & TradFi

Allied Bank mMyABL App Faces Nationwide Banking Disruption

Allied Bank Limited (PSX: ABL) customers across Pakistan are facing a widespread disruption affecting the bank's mMyABL mobile banking app. Users have reported failed transactions, login difficulties, and problems reaching…
Posted by Zara Fatima August 10, 2026
Pakistani rupee extends its positive streak to 215 consecutive trading days, closing at Rs. 277.71 against the US dollar.
Posted inFinTech & TradFi

PKR Extends Positive Streak to 215 Trading Days Against Dollar

The Pakistani rupee (PKR) maintained its upward momentum against the US dollar (USD) on Friday, extending its positive streak to 215 consecutive trading days. The rupee closed at Rs. 277.71…
Posted by Zara Fatima August 9, 2026
TouchPoint supports more than 1,300 Cash Deposit Machines for leading banks across Pakistan.
Posted inFinTech & TradFi

TouchPoint Supports More Than 1,300 Cash Deposit Machines Across Pakistan

TouchPoint (Pvt) Ltd has announced that it now supports more than 1,300 Cash Deposit Machines (CDMs) for leading banks across Pakistan. The milestone highlights the company's growing role in Pakistan's…
Posted by Zara Fatima August 9, 2026
Pakistan's M2 money supply declines 6% in the opening weeks of FY2027 amid slower banking system asset growth.
Posted inFinTech & TradFi

Pakistan’s M2 Money Supply Falls 6% at Start of FY27

Pakistan's broad money supply (M2) declined by 6% during the opening weeks of fiscal year 2027, according to data from the State Bank of Pakistan (SBP). The contraction points to…
Posted by Zara Fatima August 8, 2026
NayaPay recognized at the Asian Banking and Finance Awards for expanding digital financial services in Pakistan.
Posted inFinTech & TradFi

NayaPay Recognized at Asian Banking and Finance Awards for Digital Financial Inclusion

NayaPay has been recognized at the Asian Banking and Finance Awards for expanding access to digital financial services among underserved communities in Pakistan. The recognition highlights NayaPay's role in broadening…
Posted by Zara Fatima August 8, 2026
Punjab government offers interest-free loans of up to Rs. 1 million under the Parwaaz Card program for overseas employment costs.
Posted inFinTech & TradFi

Punjab Offers Interest-Free Loans Up to Rs. 1 Million Under Parwaaz Card

The Punjab government is offering interest-free loans of up to Rs. 1 million under its Parwaaz Card program, providing financial support to eligible residents seeking employment opportunities overseas. The initiative…
Posted by Zara Fatima August 7, 2026
SECP registers a record 5,438 new companies in Pakistan in July 2026, the highest monthly incorporation figure in history.
Posted inFinTech & TradFi

SECP Registers Record 5,438 New Companies in July 2026

The Securities and Exchange Commission of Pakistan (SECP) registered a record 5,438 new companies in July 2026, marking the highest monthly number of company incorporations in Pakistan's history. The record…
Posted by Zara Fatima August 6, 2026
SBP raises the exposure limit for unrated large private-sector borrowers from Rs. 3 billion to Rs. 10 billion.
Posted inFinTech & TradFi

SBP Raises Unrated Borrower Exposure Limit to Rs. 10 Billion

The State Bank of Pakistan (SBP) has increased the aggregate exposure limit for unrated large private-sector borrowers from banks and development finance institutions (DFIs) to Rs. 10 billion, up from…
Posted by Zara Fatima August 5, 2026

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