Saturday, July 6, 2024

Bank

Japan issues new banknotes with 3D hologram technology to fight counterfeiting

Japan issued its first new banknotes in two decades on July 3, 2024, packed with 3D hologram technology to fight counterfeiting. This is the first time since 2004 that Japan has updated the designs for its banknotes.

Vietnamese billionaire sentenced to death in biggest financial fraud case

The Vietnamese billionaire Truong My Lan was sentenced to death for her involvement in the country’s biggest financial fraud case.

Bangladesh convicts Nobel laureate and ‘banker to the poor’ Yunus in labor law case

Bangladeshi Nobel Peace laureate Muhammad Yunus, known as the “banker to the poor” faced conviction for violating Bangladesh’s labor laws in a trial criticized as politically motivated.

State Bank launches Pakistan’s first instant digital payment system ‘Raast’

State Bank has launched Pakistan's first instant digital payment system 'Raast'

State Bank of Pakistan launches Asaan Mobile Account

State Bank of Pakistan launched Asaan Mobile Account.

JS Bank and Home Matters collaborate to provide housing finance to UAE-based Pakistanis

Home Matters consultants are market leaders in mortgage and property transaction consultation in UAE

Direct assets owned by Pakistanis in Swiss banks declined by half in 2019

Direct assets owned by Pakistani citizens in Swiss banks stood at $377 million in 2019.

PTCL injects PKR 1 Billion in U-Microfinance Bank

U Bank serves more than 625,000 customers, where 30% of the served customers are women Pakistan Telecommunication Company Limited (PTCL) has injected an additional equity of PKR 1 billion in U Microfinance Bank Ltd. (U Bank), which is a wholly...

How to avoid getting hacked at the ATM

Don’t become a victim of ATM skimming, here’s what you need to know Around 600 customers have lost at least Rs 10 million in Pakistan, becoming the victim of Automated Teller Machine (ATM) skimming fraud. The affected bank, Habib Bank Pvt Ltd,...

Pakistan facilitates tax payment via ATMs and Internet Banking

People will pay federal taxes and customs duties through internet banking State Bank of Pakistan, Federal Board of Revenue and 1-Link have signed an agreement to pay their t taxes and customs duty using internet banking or ATMs by the...

Latest News

Nearly 30,000 people evacuated as Northern California wildfires spreads amid heatwave

Raging wildfires in northern California has forced nearly 30,000 residents to evacuate as the state endures a brutal heatwave.