Alibaba vs Tencent in Pakistan?
The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?
Kenyan digital payment company planning to open operations in Pakistan
Till March this year, 10 percent of the transactions or $24 million being handled by BitPesa included countries in Asia
Fintechs: Goliaths of today, dinosaurs of tomorrow?
Innovation is not the done thing in Pakistan’s commercial banking and soon Pakistan’s financial services industry is expected to witness a David-and-Goliath contest of sorts, with Fintechs with negligible capital taking on commercial banks with billions, even trillions, in assets – and beat them
All you wanted to know about how to build your own Pakistani e-commerce business (but didn’t know who to ask)
A top executive at one of the leading e-commerce companies in Pakistan breaks down the contours and possible future path of the industry
Data usage jumped 25pc, revenue from voice traffic declined 10pc during lockdown
ISLAMABAD: Apart from other impacts of the outbreak of coronavirus, the lockdowns and work from home initiatives have also changed the consumers’...
Ant Financial raises $10 billion from global and local investors
The fundraising values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016
Ladies and gentlemen, here are your digital banks
With the central bank finally issuing NOCs for setting up digital banks, Profit looks at the contenders and their intentions
Amazon eyes expansion in Pakistan, eager to capture e-commerce market
Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.
Cards not accepted here: Why fuel stations are turning on digital payments
OMCs are in a conundrum, and will face the possibility of a constriction in overall volumes
Computer services have fueled ICT exports in recent years: SBP
The central bank said the country’s informal exports were higher than its formal exports and projections by industry experts put the total size of its ICT exports at $2.5 billion
Banking sector in shambles over a plausible cyber-attack
MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected
Banks asked to improve digital payment system
KARACHI: The State Bank of Pakistan on Monday directed the banking industry to improve acceptance of payment cards across the country.
The directive...
SBP issues ‘Security of Digital Payments’ for banks/MFB in the wake of recent cyber attacks
SBP on Wednesday issued “Security of Digital Payments’ in order to safeguard banks/MFBs and their customers from potential losses due to cyber-crimes and online banking frauds.
Alibaba co-founder Jack Ma to retire: New York Times
Ma, who founded Alibaba in 1999, stepped down as chief executive in 2013. He currently serves as the company’s international face at top political and business events
Chinese entities interested in providing IoT, financial and transportation solutions in Pakistan
Megvii Technology based in Beijing is seeking to enter the Pakistani market for developing apps and other software for transportation departments and one of its services can recognize vehicles’ number plates