“In the future, the gap between industrialized and non-industrial economies will become less pronounced than the one between Information Technology-enabled economies and the rest,” said Finance Minister Ishaq Dar in his speech on the Federal Budget. The Federal Budget for 2017-2018 was …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
PTA, SBP signed MOU on Regulatory Framework for Mobile Banking Interoperability
Pakistan Telecommunication Authority (PTA) and State Bank of Pakistan (SBP) have signed an MoU on Regulatory Framework for Mobile Banking Interoperability to develop a cohesive regulatory framework that leads towards achieving the common objective of providing low-cost mobile banking services. PTA-SBP collaboration …Continue reading