Ufone has once again verified its claim to be a leader of innovation and maintained its stance as a customer centric organization by introducing Funds Transfer facility, a one of its kind service in collaboration with Habib Bank Ltd.
According a press release issued today, MCB Bank Limited and Nokia Finland have announced that they have signed an agreement for provision of financial services to million of mobile phone users. This is the first agreement of its kind in Pakistan. No financial institute has joined up with a telecom giant to provide services before.
Ministry of Finance and Federal Board of Revenue (FBR) are busy in allocating budgets for different sectors including defense, health and education. The Federal Board of Revenue is also allocating budget to bring reform in taxation system. The President of PaCCS User Club (PUC) Rizwan Khadim Rathore along with club members urged FBR to allocate budget for the purchase of Pakistan Automated Customs Computerized System (PaCCS) to finalize the deal as soon as possible. It is worth mentioning here that FBR all set to hire officials of high competency and good character to run PaCCS.
The State Bank of Pakistan is closely monitoring the rising cases of e-banking frauds and it will issue necessary guidelines to avert these crimes soon. So far SBP has completed more than 20 Information Systems Inspections for all major banks including foreign banks, Islamic Banks and Micro Finance Banks. It has also conducted IS Inspection [...]
Oracle, Jibun Bank & United Bank Limited Pakistan, were honored with 2010 Model Bank Awards From Analyst Firm Celent
Oracle Financial Services Software Limited customers, Jibun Bank and United Bank Limited Pakistan, were honored with 2010 Model Bank Awards from industry analyst firm Celent. United Bank Limited Pakistan, one of the largest commercial banks in Pakistan, was recognized for its anti-money laundering implementation of Oracle Mantas. “Celent is pleased to present Jibun Bank and [...]
Out of 44, eight banks are offering internet banking services of different level in Pakistan, while four out of 44 banks don’t have their websites, revealed a recent survey done by Axis-e Group. Survey was based on analysis of publicly available websites of all the banks in Pakistan. The websites of these banks were divided [...]
Chairman Pakistan Telecommunication Authority (PTA), Muhammad Yaseen, has said that the mobile banking regulatory framework would be introduced soon to facilitate the untraditional banking in the country. Speaking as chief guest at the inaugural session of the third international mobile conference, “MCB Mobile Commerce 2010″, which was organised jointly by PTA and TOTAL Communications here [...]
Tameer Microfinance Bank and Telenor Pakistan announced a first of its kind product in Pakistan, offering transactions through the customer’s own mobile phone. ‘Mobile Account’ is the third in the suite of services being offered under the banner of easypaisa. Mobile Accounts will provide utility bill payment, money transfer and cash in / cash out services [...]
In a bid to become the bank of choice and benchmark of excellence in the banking industry, Silkbank Limited has selected Oracle Database to modernize its banking operations. Silkbank Limited, formerly known as Saudi Pak Commercial Bank Limited, has selected robust, flexible and scalable Oracle Database platform to modernize its IT architecture to improve its [...]
Tameer Microfinance Bank and Telenor Pakistan have announced launch of Money Transfer, said a statement issued by Telenor. Money Trasnfer is going to be the second in a suite of products being offered under easypaisa. The service would be available for all customers, even if they don’t have Telenor connections. Original ID card and photocopies are termed must have things for carrying transaction (either for depositing or withdrawing money).