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Tag Archives: banking

SBP takes first steps to counter cybersecurity threats

SBP takes first steps to counter cybersecurity threats

On Wednesday the State Bank of Pakistan (SBP) issued a press release directing all banks to protect their clients against fraud, skimming and other forms of cyber crime. This development came four weeks after a cyber attack on Pakistani banks that resulted …Continue reading

Partnerships in the New Age of Financial Services

If you are a young fintech startup in Pakistan aspiring to ride the fintech wave, you might find yourself stumbling on the edges, unable to strike the right balance to make it to the mainstream. You ask yourself, “How does one pull …Continue reading

UBL Inaugurates Pakistan’s First Digital Branch

United Bank Limited (UBL) has launched Pakistan’s first digital branch, located at the City Campus of the Institute of Business Administration (IBA) in Karachi. The completely automated facility runs without the physical presence of any bank staff.  Although a pilot branch in …Continue reading

Banking on Luck

Hackers can easily break into Pakistan’s financial institutions, can steal data, or may choose to disrupt its IT systems. But what’s the fun in that? Hackers with criminal intent would rather direct their energies where the spoils are more lucrative, where funds …Continue reading

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