First FinTech Center of Pakistan to Open in Information Technology University Lahore

First FinTech Center of Pakistan to Open in Information Technology University Lahore

Information Technology University (ITU) signed a Memorandum of Understanding  (MoU) with Digital Financial Services Research Group (DFSRG) University of Washington (Seattle, USA) to launch first FinTech center in Pakistan.

FinTech Center of Pakistan

The aim of the research center is to help Pakistan in financial technology by providing digital financial service. According to the agreement signed, research will be conducted in cyber security, fraud prevention, authentication, financial education, data analytics, financial management and customer experience studies in digital financial services.

At the moment of signing agreement, Dr. Richard Anderson said,

“It was the first ever collaboration in the World with Pakistan, which will be extended to the Africans and other Asian countries. Dr. Umar Saif stated that it would facilitate the Smartphone transactions and establish transparency in the system.”

Bill and Melinda Gates foundation is supporting the DFSRG research group which provides banks and mobile operators by Digital Financial Service.


Post a comment here

You must be logged in to post a comment Login

Leave a Reply

More in Education

Best Boosts For Education

Best Boosts For Education That Work For Everyone

Staff ReporterApril 12, 2017
Job with No Experience

How to Search for a Good Job with No Experience

Staff ReporterApril 9, 2017
Professional CV

Importance of Writing a Good & Professional CV

Staff ReporterApril 8, 2017
Miley Cyrus Songs List

Miley Cyrus Songs List

Sarah AliceApril 3, 2017
Al Khair University Protest

Higher Education Commision of Pakistan playing with the future of 78000 Graduates of Al Khair University

Staff ReporterMarch 15, 2017
Adelaide Scholarships

Adelaide Scholarships International for Masters and Doctoral Study in Australia

Liza NicholeJanuary 25, 2017


Staff ReporterJanuary 17, 2017

Where Should You Place Citations?

Aamir IqbalDecember 30, 2016
Job in Pakistan

Best Job Apps in Pakistan in 2016

Qurat-ul-AinDecember 29, 2016

Copyright © 2014 Khaleej Mag