ISLAMABAD (PRESS RELEASE) JazzCash, Pakistan’s leading mobile financial service provider, achieved the milestone of five Million Monthly Active Mobile Account Subscribers[1]. This signals Pakistan’s steady rise towards financial inclusion and upward economic mobility of communities. This would not have been possible without the customer’s trust who have processed nearly halfRead More →
KARACHI (PRESS RELEASE) BankIslami is pleased to announce that its payment system has been successfully restored and running absolutely secured. All of the Bank’s services can now be accessed and operated as usual including other banks’ ATMs, Internet banking and Mobile App. Thus, our customers can now access all otherRead More →
KARACHI (PRESS RELEASE) BankIslami Pakistan Limited encountered a cyber-attack from unknown hackers on 27th October, 2018, to which the Bank responded immediately by shutting down all international transactions originating from International Payment Scheme and signing out from inter-operability switch. Alhamdulillah, BankIslami had all its customer accounts protected. However, the transactionsRead More →
ISLAMABAD ( MEDIA REPORT ) An executive magistrate in Azad Jammu and Kashmir’s (AJK) lakeside city of Mirpur on Sunday remanded three suspects in police custody for a week over charges of their alleged involvement in fraudulent withdrawal of cash through cloned automated teller machine (ATM) cards. Dawn reported. SeniorRead More →
KARACHI ( TAHIR REPORT ) People wait in queue to draw cash from an automated teller machine (ATM) in this file: The State Bank of Pakistan has asked commercial banks to deploy more automated teller machines (ATMs) as the currently available network of 9,000 machines is insufficient to match theRead More →
ISLAMABAD ( ABRAR MUSTAFA ) All major banks closed down their ATM services due to Muharram. This step has been taken after bank management decided to take steps in case of trouble and looting on Muharram. Before this the decision to block cellular services has been taken after which theyRead More →
ISLAMABAD ( BMZ REPORT ) National Bank of Pakistan has ever been endeavoring to serve the nation since its establishment in 1949. By virtue of automation of Banking Sector in Pakistan, NBP signed a Memorandum of Understanding with Army for disbursement of pay through ATM in year- 2009. The sameRead More →