Scope of alternative delivery channels expands with inclusion of 3G and 4G State Bank of Pakistan (SBP) has revamped Branchless Banking Regulations to keep pace with the international branchless banking practices and to achieve the targets set out in National Financial Inclusion Strategy (NFIS) of Pakistan. This regulatory framework outlines the minimum requirements to be adopted by banks offering branchless banking in the market place. According to revised Regulations, …

Utility bill payment in physical bank branches is still a common practice in Pakistan. With all the exciting technologies surrounding us today, we might think that long queues in the sun should be a thing of the past, but they are not. Conventional bills like power and gas utilities as well as bills for current day services like broadband internet are some mandatory and recurring expenditures that are still following …

  Established in 1992, MicroTech Industries (MTI) has so far developed several telecommunications and power electronic products with in-house R&D facility, which distinguishes it from others. MTI smart metering solutions deliver a range of applications and equipment using an infrastructure comprising networked meters, communication networks and data collection and management systems. An ISO 9001:2000 certified, multi-discipline technology company involved in the design, development and manufacturing of hi-tech products, providing comprehensive …

  It’s a great time for Cloud in Pakistan; firms must see security and capabilities before having a service Interview with Mr Waqas Hashmi – Oracle Country Sales Director for Pakistan & Afghanistan Mr. Waqas Hashmi is a Country Sales Director for Pakistan and Afghanistan at Oracle. In a chit chat, he shed some light on a key technology driver, namely cloud computing, and in particular Cloud Platform services. On …

  Presently Pakistan’s telecom industry investments, counting proceeds from 3G/4G spectrum auction and more contributions from operators in infrastructure, have crossed US$2.67 billion mark. The launch of 3G/4G (mobile broadband services) was a success story as within a short span its commercial launch has become a sensation, broadband subscribers have crossed 26 million and the broadband penetration has gone up from less than 3 percent to over 15 percent. FOREIGN …

  The e-commerce industry has a bright future with high growth prospects in Pakistan. The industry is set to flourish at a faster pace if the government takes serious measures to remove barriers hindering its growth and expansion. Presently, customer satisfaction is gradually gaining trust amongst customers. Pakistan needs to place ICT (information and communications technology) on its priority list to keep pace with the advancement in technology and minimize digital …

  Dependencies of information systems is rapidly growing all over the world. However, security of these systems is very important as we heavily rely on such automated systems. This research identifies the weak areas of such systems specifically in Pakistan. Why is our public sectors website hacking percentage higher? How to mitigate this risk? This research will also show the impact and provide recommendations. This study would be useful for …

  ‘Emerging markets, like Pakistan, were my inspiration– not only their viability for business, but their people as well’ Interview with Mr. Paul Philipp Hermann — Co-founder, Managing Director of Lamudi Lamudi has expanded its operations in Asia to Pakistan, the Philippines, Indonesia and Sri Lanka before launching its operations in several parts of Asia, Africa and Latin America in October 2013. The company’s Asian operations were subsequently subject to …

  Food production is mainly focused for immediate consumption, packaging or both. After purchase, meals may be consumed on-site, taken out or delivered. The fast pace of modern life increases the demand for quick-service restaurants. Nevertheless, people are more aware of what they consume and the effect it may potentially have on their health. This awareness creates a great demand for alternative quick-service foods. The push for healthier fast food …

  Interview with Mr. Rafiq Rangoonwala – President, Pakistan Food Association Profile: Mr Rafiq Rangoonwala is with the quick service restaurants (QSR) industry since 1980 and has managed several brands like KFC, Hardees, Pizza Hut, Burger King, TGI Fridays, Pizza Express etc. in several countries. Presently, he is the President of Pakistan Food Association as well. Burger King was introduced in Pakistan in 2014 and started its operations in Karachi …