Pakistan’s first and largest Islamic bank has partnered with HomeSend, a joint venture between MasterCard, eServGlobal and BICS to leverage on HomeSend’s extensive network. Under this agreement, Meezan Bank’s state-of-the-art Home Remittance service, ‘Meezan Easy Remit’ or MEX will start processing HomeSend’s worldwide remittances sent by millions of expatriates and Non Resident Pakistanis (NRPs) around…
New research reveals one in five credit card customers are carrying the wrong card. A new survey found 20%+ of customers have a card which has fees or rewards not aligned with their actual purchase habits. The study finds that while their levels of satisfaction are not dramatically different, customers who have a wrong card,…
Banking customers are hesitant to use mobile features due to fraud and security concerns. A new report reveals of those not using mobile banking at all today (36%), more than half of them (74%) cited security as the major reason, which could slow the overall adoption of mobile banking services during a time where mobile…