SBP issues revised Regulations for Electronic Money Institutions
State Bank of Pakistan has issued revised Regulations for Electronic Money Institutions (EMIs) with the aim to enhance outreach and scope of these innovative fintech-enabled payment companies. The updated regulations now allow EMIs to offer their customers, including minors and freelancers, increased monthly wallet limits, offer new payment services such as Payments Aggregation, Bill/Invoice Aggregation,…
Pakistani-American Tech entrepreneurs urged to boost investment in Pakistan
Pakistan’s Ambassador to the U.S., Masood Khan, has called on Pakistani-American Tech entrepreneurs to act as a catalyst to accelerate growth and investment in Pakistan’s IT and startup sectors. Speaking at the Organization of Pakistani Entrepreneurs (OPEN) Annual Forum at Silicon Valley, California, he said that recent uptick in the bilateral relations between Pakistan and…
Hysab Kytab signed a strategic partnership with Winikon
Hysab Kytab – a leading FinTech that offers a suite of financial management solutions has signed a strategic partnership with Winikon – IT services company specialized in banking business to enhance the banking experience of customers. This collaboration will help in providing individual-level personalized financial management products and services to banking customers. The partnership between…
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