Pakistan News

    Future Of Internet Banking In Pakistan

  • Regulations for security of internet banking

    KARACHI: The SBP has issued regulations for security of internet banking, which will be effective April 1, 2016...

    It has taken this action in view of increasing usage of internet banking, and to protect and safeguard the interests of its customers and users...

  • Mobile, internet banking culture taking root

    Individuals and businesses, including startups, are benefiting from online banking, but the doors to new opportunities have yet to fully open...

    Internet and cell phone banking help companies and businesses get instant access to bank accounts, conduct business-to-business (B2B) and online transactions...

  • Analysis: Banking of the future

    Pakistan has one of the highest cash to bank deposit ratios in the world, a fact that underpins the undocumented sector...

    First would be creation of savings instruments for the poor and the unbanked, much like traditional banking treasury bills and prize bonds...

  • The future of digital banking

    Everything now has the precursor ‘digital’ attached to it, and digital banking is no exception...

    With the advent of Covid-19, articles claiming a “digital financial revolution” and Pakistan’s sleeping commercial banking sector turning the corner were seen in abundance...

  • Moody’s lifts Pakistan banking system outlook

    ISLAMABAD: Moody’s Investors Service on Wednesday changed the outlook for the Pakistan banking system to stable from negative, reflecting the improvement in the country’s economic growth prospects...

    “We expect strengthening the economy, together with the central bank’s accommodative monetary policy, to stimulate lending growth and support the banking sector’s loan performance over the next 12-18 months,” says Elena Panayiotou, a...

  • Pakistan must strengthen banking links to boost bilateral trade, says Iranian envoy

    PESHAWAR: Before stre­n­­gthening bilateral trade, Pakistan should facilitate Iran in banking transactions to help our traders, Iranian Ambassador to Pakistan, Mehdi Honardoost said on Monday...

    Meeting with the business community of Khyber Pakh­tunkhwa and office bearers of the Federation of Pakistan Chambers of Com­merce and Industry (FPCCI), he said, “We are in the era of turning around our economy and Pakistan businesses should...

  • UBL adjudged best at first Pakistan Banking Awards

    KARACHI: Six leading banks of the country emerged as winners in the first-ever banking awards in which awards were given in eight categories on the basis of performance and best practices at a ceremony held at the Mohatta Palace on Friday...

    The banking sector in the country has covered a long distance and is currently well positioned to participate actively in its growth and development by expanding the banking net for universal...

  • Iran envoy to Pakistan regrets delay in opening of bilateral banking ties

    ISLAMABAD: Iran’s envoy to Pakistan Mehdi Honardoost on Thursday regretted that establishment of bilateral banking ties was being delayed because of Islamabad’s ‘conservativeness’, while Iran-Pakistan (IP) gas pipeline project remained frozen...

    He was speaking at a seminar at the Strategic Vision Institute (SVI) on “Contem­porary Relations between Pakistan, Iran and Saudi Arabia: Present Challenges”...

  • Pakistan among top 10 economies in terms of its internet users

    ISLAMABAD: Nearly 16 million Pakistanis went online for the first time between 2012 and 2015, accounting for half the number of the overall internet users in the country, according to a UN report released on Tuesday...

    This made Pakistan one of the top 10 economies in terms of the number of its people going online during the period...

  • ISP insider: How my search for faster internet in Pakistan drove me up the wall

    In Pakistan we use the internet to gain information, conduct financial transactions, follow sporting events, endlessly share amusing pictures of grammatically challenged cats and send ‘fraandship’ requests to ‘girls’ who look suspiciously similar to Bollywood actresses and whose parents bestowed them with unique names such as ‘Lonely Sad Angel 98...

    The internet has grown into such a crucial component of our daily lives that ISPs...

  • Pakistan experiences slow internet as submarine cable goes offline

    Pakistan Telecommunication Company Limited (PTCL) informed on Saturday that Pakistan is experiencing slow internet as IMEWE, the international underwater cable responsible for bringing internet to Pakistan, has gone offline due to technical problems...

    A spokesperson from PTCL said that a major flaw in IMEWE had occurred near Saudi Arabia, while another official said the fault has disrupted the country's entire internet...

  • Cyber armies, misplaced judicial activism threaten internet landscape in Pakistan

    ISLAMABAD: Threats to the internet landscape, including arbitrary administrative shutdowns, misplaced judicial activism against internet freedoms, the rise of cyber-armies, enforced disappearances of activists and the abuse of cybercrime legislation have been on the rise across the country, according to a report titled Internet Landscape of Pakistan 2017...

    The annual report is an “indigenous effort” to regularly monitor and document...

  • More
Back to top