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KARACHI: Karandaaz Pakistan on Thursday held the first roundtable session to deliberate on ‘Open Banking’ with...

KARACHI: Open banking has the potential to enhance the customer experience and tailor banking services to individual needs, an official at the State Bank of Pakistan said on Thursday.Sohail Javaad,...

ISLAMABAD: The Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed inaugurated Meezan Roshan Digital Centre, built purposefully

Financial inclusion in Pakistan increases on mobile money Business May 8, 2021 ISLAMABAD: Financial inclusion in Pakistan increased from 21 to 25 percent from October 20 to December 30, 2020 and it was mainly driven by mobile money adoption, Karandaaz’s survey found. Karandaaz held a webinar to share the findings of the recently concluded survey on the impact of COVID-19 on financial behavior in Pakistan. Waqasul Hasan, CEO of Karandaaz said the COVID-19 crisis has brought about a substantial shift towards digital financial services. “It is an opportunity in a crisis that must be tapped...

Mobile Money Adoption Increased During Pandemic by 4%: Survey Karandaaz held a webinar to share the findings of the recently concluded survey on the impact of COVID-19 on financial behavior in Pakistan. This survey was designed and conducted in partnership with Kantar and is preceded by six waves of the Financial Inclusion Insights (FII) Survey. The FII survey is a nationally representative survey gauging financial inclusion and access to and use of mobile money and other digital financial services in Bangladesh, India, Indonesia, Kenya, Nigeria, Pakistan, Tanzania, and Uganda. In Pakistan, t...