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Bank Alfalah wins Best Loyalty and Rewards Program award at Mastercard MENA Leadership Forum in London

Bank Alfalah wins Best Loyalty and Rewards Program award at Mastercard MENA Leadership Forum in London

Pakistan’s leading banking institution, Bank Alfalah has won  the ‘Best Loyalty and Rewards Program Award’ for its Orbit Rewards Program at the 2017 Mastercard MENA Leadership Forum that took place in London, UK. Hosted by Mastercard, a leading technology company in the global payments industry, the Forum brought together executives from a number of leading banks in the region, to discuss the future of the payments industry and celebrate the success of financial organizations in maximizing the reach of Mastercard’s solutions and programs among their customers. “We are delighted that Alfalah Orbit Rewards has been recognized at this prestigious forum. As a first of its kind rewards program in Pakistan, Alfalah Orbit Rewards is a unique offering that allows customers to earn points on their entire banking relationship while also providing unparalleled and innovative redemption options. We strongly believe that a loyal customer base is the bank’s greatest asset and we continue to expand our efforts to bring them the best and innovative banking solutions and services. The program is a testament of our resolve to develop and deliver customer-centric solutions that firmly positions Bank Alfalah as the bank of choice for its customers,” said Mehreen Ahmed, Group Head Retail South & New Initiatives, Bank Alfalah. “We congratulate Bank Alfalah on winning the Best Loyalty and Rewards Program award at the Mastercard MENA Leadership Forum and applaud the efforts of the team in successfully implementing their unique solutions in their respective markets. As a whole, the region offers tremendous potential for the development of a highly innovative payments and financial sector and we are pleased to see the efforts of our partners in developing products that offer customers the highest level of convenience and safety and security, while also strengthening Mastercard’s reach to a wider consumer base,” said Khalid Elgibali, Division President, MENA, Mastercard. Featuring a packed agenda of industry sessions led by senior Mastercard executives, the forum gathered more 60 attendees from across the Middle East and North Africa region. Bank Alfalah has been facilitating innovation to promote digital and financial inclusion in the country. The bank, being the leader in financial innovation in the banking industry has been forging liaisons with businesses and services sector to bring about a greater accessibility and power. The concerted efforts to bring greater inclusion and empowerment to people have elevated BAFL to the rank of the most preferred bank in...

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Dell launches the OptiPlex 3050 in Three sizes

Dell launches the OptiPlex 3050 in Three sizes

Today we are looking at some cool tech from Dell. Dell launched their new OptliPlex 3050 Desktop, it comes in three form factors a tower, small form and a micro form. OptiPlex 3050 Tower, Small Form Factor and Micro OptiPlex 3050 is a perfect desktop which gives you the most power and opportunity to grow with your business. With its compact design, ultra-sleek look, powerful performance and an abundant USB connectivity, OptiPlex 3050 offers more productivity that will lead to success. Power OptiPlex has an excellent processor and sufficient memory to run all your critical business softwares. Moreover, it offers a lot of power to multitask and run all your necessary programs. Intel® 7th generation processors allow for the fastest OptiPlex yet with support up to Core™ i5. To add on in providing an amazing experience, OptiPlex 3050 offers a 4GB dedicated / optional graphic card. OptiPlex 3050 is an easy to manage desktop that is designed to meet any challenge or professional need. Size The Dell OptiPlex 3050 comes in three form factors including Tower, Small Form Factor and Micro which gives you plenty of sizes to choose from to fit your office’s needs. Display and Design Dell OptiPlex 3050 offers a versatile suite of stand and mounting options to tailor your workspace to max out on productivity and allows you to stay flexible. All the versions of OptiPlex 3050 offer HDMI as a standard port. Tower and small form factor offer Eight External USB Ports and Micro form factor offers six USB ports which provide you with many options for plugging in external devices like flash drives, scanners and card readers. Security Dell’s desktops offer the best in class solutions addressing data protection, identity assurance, and threat protection.With TPM, chassis intrusion switch, Dell Data Protection and cable covers for certain form factors; OptiPlex 3050 will make you work more and focus less on security risks. Apart from that, OptiPlex 3050 is backed by ProSupport Plus which provides 24×7 expert help for hardware, software challenges, accidental damage and other security...

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Karandaaz signs three agreements to improve International Remittance Solutions under Innovation Challenge Fund

Karandaaz signs three agreements to improve International Remittance Solutions under Innovation Challenge Fund

The country’s leading promoter of financial inclusion, Karandaaz Pakistan has signed agreements worth PKR 148 Million with three prominent players in the international remittance market under the DFID-funded Innovation Challenge Fund. Karandaaz Pakistan launched the first round of the Innovation Challenge Fund (ICF) in September 2016. The ICF is funded by UK Department for International Development (UKAid).  Market players were invited to propose innovative solutions for improving the current international remittance products and services for overseas Pakistanis who send about $19.9 B into Pakistan. Following a rigorous selection process, Karandaaz has signed agreements with three finalists: Telenor Microfinance Bank (previously Tameer Microfinance Bank), Samba Bank & Global Financial Systems (consortium), and Bank Alfalah & Paysys Labs (consortium). The proposed initiatives will receive funding of up to PKR 148 Million. The projects are expected to enable overseas Pakistanis to send money more conveniently and at lower cost and will give implementers an opportunity to enhance financial inclusion by promotion of mobile wallets, bank accounts and other financial services. Speaking at the occasion, CEO Karandaaz Mr. Ali Sarfraz explained that Karandaaz was implementing the DFID-funded Innovation Challenge Fund using a theme based approach where each round has a specific theme linked to a complex challenge. He commended the signatories of ICF Round 1 and appreciated their initiatives to introduce new services in an important market segment. The second round of ICF will launch in May 2017 and will focus on a priority area for Karandaaz Pakistan and DFID, by supporting improved access to technical and financial support for Pakistani women entrepreneurs. In ICF Round 2 Karandaaz will invite applications from incubators, accelerators or similar organizations to propose an innovative mentoring program that caters specifically to female entrepreneurs....

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Telenor Microfinance Bank & Inov8 join hands to further promote the mobile financial services industry

Telenor Microfinance Bank & Inov8 join hands to further promote the mobile financial services industry

Telenor Microfinance Bank’s mobile money platform, Easypaisa, and Inov8 Limited have signed a strategic agreement to offer Easypaisa’s vast distribution network to all commercial banks who are signed up with Inov8 technology.  The agreement was signed by the President & CEO Telenor Microfinance Bank, Ali Riaz Chaudhry and Co-Founder and Co-CEO Inov8 Limited Bashir Sheikh, in presence of respective management teams. Under the agreement, Telenor Microfinance Bank has licensed Inov8 Limited’s latest financial technology product, i8 ServiceBus (i8-SB), which will allow the mobile financial services provider to integrate with all Inov8 Limited deployments, offering their industry leading agent network for use by other banking players. The first bank has already been integrated as part of the implementation with others to follow soon. Easypaisa has the largest agent network across Pakistan, while Inov8 Limited has the most widely deployed technology in the country for mobile and branchless banking, making this a natural synergy that can help the industry grow. Sharing his thoughts at the signing ceremony, Ali Riaz Chaudhry, President & CEO, Telenor Microfinance Bank, said: “Easypaisa’s mission is to provide the underbanked of the world with instant access to relevant, convenient and affordable financial services. In that respect we are delighted to partner with Innov8’s cutting edge technology used by multiple Banks. This is our way of showing that Easypaisa, world’s largest bank-led mobile money program, supports all Commercial Banks in offering their customers the country’s largest distribution network. Together, we can empower our societies much faster.” Bashir Sheikh, Co-Founder and Co-CEO Inov8 Limited, stated: “We created i8-SB to allow seamless integration between MFS platforms. One of the biggest use cases in our market is connecting new branchless and digital banking players to agent networks. We are proud to have the largest agent network in the country, and one of the largest MFS providers in the world, Easypaisa, as a...

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Gree Features Mr & Mrs Akram in its new TV Commercial

Gree Features Mr & Mrs Akram in its new TV Commercial

GREE – a globally leading brand of air-conditioning technology has introduced a new campaign of the G10 Inverter series, featuring Mr  & Mrs Wasim Akram. This campaign sheds lights on the extremely energy-efficient G10 Inverter technology and its unique features, whereby living up to its tag-line ‘Chalta Jaye, Sath Nibhaye”. This is for the first time that Mrs Waseem Akram which is an Australian Born, named Shaniera Akram has arrived for any commercial in Pakistan. Mr & Mrs Akram have endorsed Gree as the best of the best brand for air conditioners. The TVC is primarily focused on the highly energy-efficient smart-inverter Air conditioner – G10, which ensures the best cooling, even in low-voltage. The G10 Inverter AC’s are equipped with an Auto-Voltage Adaptation of 150 – 260 Volts, eliminating the threats of low-voltage fluctuation which damages the AC. It has an Energy Efficiency Ratio (EER) of 4.0, whereby consuming 60% less energy than the regular ACs. GREE has a wide range of Air conditioners, available in a range of attractive designs, colours and features, which are guaranteed to ensure the best performance. In Pakistan, DWP Group is the official distributor of GREE that ensures nationwide availability of its...

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Huawei Smartphone Shipments up 21.6% year-on-year in Q1 2017

Huawei Smartphone Shipments up 21.6% year-on-year in Q1 2017

Today, Huawei Consumer Business Group announced that in Q1 2017, it shipped 34.55 million Smartphones, this amounts to a year-on-year increase of 21.6%. According to IDC, Huawei’s global smartphone market share further increased to 9.8%, consolidating its position in the top three smartphone vendors in the world. In Q1 2017, Huawei achieved breakthrough growth in many countries. Its smartphone shipments increased by over 50% year-on-year in 52 countries, 32 of which saw growth of over 100%. In China and Europe, Huawei smartphone shipments maintained robust growth of 20% and 15% respectively. Meanwhile, in Southeast Asia and the South Pacific, smartphone shipments increase over 70% . In addition, significant growth was achieved in the high-end smartphone sector, boosted by the global sales of the HUAWEI P9 series and HUAWEI Mate 9, further demonstrating Huawei’s increased influence as a global high-end brand. In Q1, the proportion of middle and high range (2000 RMB or above $300) smartphone increased 11% on the same period last year. According to GfK, for the global high-end market of 500 USD and above, Huawei held 9.7% market share in February 2017, reaching 10% in 9 countries, including China, Spain, Italy, Thailand, Malaysia, South Africa, Poland and other key markets. The latest HUAWEI P10 series flagship smartphone, which is now available in over 30 markets since its launch on February 26, 2017, is gaining huge popularity among consumers all over the world thanks to the outstanding photography experience it provides. Huawei is also confounding the sluggish sales of the overall tablet market. Huawei’s tablet business has grown significantly in both the enterprise and consumer spaces with shipments rising over 70% year-on-year. “Thanks to the growing global recognition of Huawei products and the Huawei brand, Huawei Consumer Business Group’s influence has further increased as a high-end brand in Q1 2017,” said Richard Yu, CEO of Huawei Consumer Business Group. “Moving forward, Huawei Consumer Business Group will be focused on improving customer service, and building up its presence within sales channels, retail, branding, marketing, services and other sectors, to proactively streamline operations enhance the overall customer experience. Meanwhile, Huawei Consumer Business Group will continue to develop Artificial Intelligence (AI) products and innovations. These will provide users with excellent experiences and cement Huawei as a leader in emerging technologies while establishing the company as a cultural technology brand loved by consumers the world...

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