Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
This marks Pine Labs’ second major win in Sri Lanka, reflecting rising demand for agile, outsourced card management systems as banks in emerging markets move away from legacy platforms toward scalable, digital-first solutions.
Sri Lanka aims to grow its digital economy contribution to GDP from 3% to 15% within a decade, with fintech projected to unlock $15 billion in value. At the Fintech Summit 2025, Dr. Hans Wijayasuriya outlined a DPI-led strategy built on trust, innovation, inclusion, and regulation to drive growth.
HNB PLC, in partnership with Visa, has launched HNB Accept, a first-of-its-kind feature in Sri Lanka that turns smartphones into secure payment terminals. Designed for MSMEs and entrepreneurs, the solution enables Tap-to-Phone and Pay-by-Link transactions, supporting the country’s drive toward financial inclusion and digital commerce growth.