pakistan

Egyptian Transit App Swvl Plans Global Expansion
Egyptian Transit App Swvl Plans Global Expansion
November 12, 2019  |  Mobile

Egyptian mobility startup Swvl will be expanding into the Philippines, Indonesia and Bangladesh by the end of 2020. Launched in Egypt in 2017, Swvl operates...

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Pakistan Central Bank Warns PayPal Absence A ‘Major Concern’
Pakistan Central Bank Warns PayPal Absence A ‘Major Concern’
February 07, 2019  |  B2B Payments

A new report from the State Bank of Pakistan says a lack of electronic payment services like PayPal in the country has led the nation...

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Nearly All Pakistan Banks Suffered Hack
Nearly All Pakistan Banks Suffered Hack
November 06, 2018  |  Security & Fraud

In what is being viewed as a huge security breach, The Economic Times of India reported on Tuesday (Nov. 6) that nearly all of the banks...

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Pakistan Moves Toward Digital B2B Payments
Pakistan Moves Toward Digital B2B Payments
October 08, 2018  |  B2B Payments

Pakistan is taking a significant step toward promoting digital B2B payments in the country. Banking Tech reports on Monday (Oct. 8) said business payments FinTech...

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MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
MMBL Rolls Out EMV Debit Cards, ICICI Bank Partners With Westpac For Remittances
July 10, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mobilink Microfinance Bank (MMBL) launching EMV-compliant cards in Pakistan. In...

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Ant Financial Buys 45 Percent Stake In Telenor Microfinance Bank
Ant Financial Buys 45 Percent Stake In Telenor Microfinance Bank
March 14, 2018  |  Investments

Telenor Group announced news on Tuesday (March 13) that it made a strategic partnership with Ant Financial Services Group in which Ant acquires a 45...

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New York Regulator Fines Pakistani Bank $630M
New York Regulator Fines Pakistani Bank $630M
August 29, 2017  |  Legal

The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state...

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Mastercard Gets Vocal on VocaLink, Kroger, Masterpass
Mastercard Gets Vocal on VocaLink, Kroger, Masterpass
July 27, 2017  |  Earnings

A rise in consumer spending, broad-based across several geographies, helped Mastercard beat Wall Street estimates for the second quarter. The company announced news on Thursday that...

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Uber’s Pakistan Push And Motorcyle Side Gig
Uber’s Pakistan Push And Motorcyle Side Gig
March 04, 2016  |  International

Uber is further strengthening its presence in the Southeast Asian region with the launch of its ride-hailing service in Lahore, Pakistan. The expansion in the...

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