Systems Limited and Mashreq Expand Strategic Tech Partnership to Drive Banking Innovation

Systems Limited and Mashreq have renewed and expanded their two-year technology partnership, strengthening Pakistan’s role as a regional IT hub. The collaboration enables Mashreq to accelerate digital banking initiatives, while positioning Systems Limited as a trusted partner delivering globally competitive talent and solutions to the financial services sector.

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Banglalink Receives Approval to Launch Digital Payment Services as a PSP

Banglalink received Bangladesh Bank’s NOC to operate as a Payment Service Provider, enabling digital payments without holding deposits. Once infrastructure is finalised and inspected, a final licence will follow. The operator can process transfers, merchant and bill payments, entering direct competition with bKash and Nagad while advancing financial inclusion.

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