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News, articles, and features from Pakistan and the world related to banking, mobile banking are published here.

MCB Summit Bank Data Hack

MCB and Summit Bank Deny Data Hack Reports

Pakistani banking sector is facing one of the most dreadful cyber attacks in its history where many banks have reportedly lost billions. However, MCB Bank and Summit Bank have issued categoric statements denying any...
State Bank to freeze bank accounts

State Bank Stresses on IT Security to Prevent International Hackers

IT security is solely focused upon by State Bank in wake of the recent hacking attempt which cost the Bank Islami Billions of Rupees.
Cyber Security 2017

Beware, Pakistani Debit and Credit Cards Leaked Online

Pakistani financial institutions are on a radar of international criminals as a few months back, HBL was targeted by the hackers and just a couple of days back BankIslami became a victim of cybercrime...
bankislami Pakistan cyber attack

BankIslami Pakistan Loses Millions of Dollars in Cyber Attack

As a result of a security breach, hackers deprived BankIslami Pakistan of $6 million, reports local media. After HBL, it's the second bank that got exposed to cyber-heist within the 10 months time period.The...
Galaxy Note 9

You Can Buy Galaxy Note 9 on Installments in Pakistan

Being the most expensive flagship from samsung, Galaxy Note 9 is not easy to afford, however here is how you can buy it on installments in Pakistan
asad umar

Asad Umar Directs IT Ministry and SBP to Contact PayPal

Minister for Finance, Asad Umar chaired a high-level meeting at the Prime Minister’s Office to address major issues and challenges being faced by the information technology and digital payments domain in the country.The Finance...
asad umar

Asad Umar Vows to Bring Paypal or Its Alternative in Pakistan in Four Months

The federal government is likely to invite PayPal in Pakistan and if this accomplishes, it will be a boom for the freelance community,and others as well
biometric verification bank account

Your Bank Account Might Get Blocked Without Biometric Verification

The State Bank of Pakistan (SBP) has decided to validate the bank accounts in Pakistan by biometric verification. The need for the verification surfaced after the investigation teams from FIA and JIT identified numerous...
standard chartered bank

Standard Chartered Bank Reports Rs. 5.2B Profit For First Half 2018

Standard Chartered Bank Pakistan Posts Profit of Rs. 5.2 Billion with year on year growth for the first half of fiscal year 2018.
Bank Alfalah

Bank Alfalah Reports 18 Percent Growth For The Half Fiscal Year 2018

Bank Alfalah reports 18 percent growth and a profit of Rs 10.008 Billion before tax for the half fiscal year 2018.
Mobit Virtual Card

Faysal Bank Mobit Virtual Card; How Does It Work?

Virtual Card provides many benefits over the physical debit card. A complete guide for a Faysal Bank Mobit Virtual Card.

Alipay to Offer Online Payment Solutions in Pakistan by the End of 2018

Alipay, China-based third-party mobile and online payments platform is about to enter Pakistani digital market.