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Allied Bank partners with CeDAR, LUMS
Allied Bank partners with CeDAR, LUMS

Business Recorder

time19 hours ago

  • Business
  • Business Recorder

Allied Bank partners with CeDAR, LUMS

LAHORE: Allied Bank, one of Pakistan's leading commercial banks, has signed a Memorandum of Understanding (MoU) at Lahore University of Management Sciences (LUMS) with the Center for Digital Asset Research (CeDAR). This strategic partnership aims to drive innovation in blockchain technologies, explore digital asset use cases, and foster talent development in Pakistan. The MoU was formalized in the presence of senior leadership from both institutions. Representing Allied Bank were Mr. Mujahid Ali – Chief Technology & Digital Transformation, Mohsin Mithani – Chief Digital Officer, and Muhammad Zaman – Group Head, Digital Transformation & Innovation. From LUMS, attendees included Dr. Tariq Jadoon – Provost, Dr. Zartash Afzal Uzmi – Principal Investigator, Dr. Basit Shafia – Co-Principal Investigator, and Mr. Ali Khawaja – Director. Through this collaboration, Allied Bank and CeDAR will jointly pursue cutting-edge research, launch blockchain-based pilot initiatives, and co-develop tailored training programs to equip the next generation with expertise in emerging technologies. This initiative aims to bridge the gap between academia and industry, accelerating Pakistan's digital transformation in the financial sector. Copyright Business Recorder, 2025

ABL unveils next-generation metaverse banking experience
ABL unveils next-generation metaverse banking experience

Business Recorder

time04-08-2025

  • Business
  • Business Recorder

ABL unveils next-generation metaverse banking experience

LAHORE: Allied Bank has officially launched its upgraded immersive banking experience in the Metaverse, marking a bold new chapter in the evolution of digital banking in Pakistan and the wider region. Building on its 2022 debut as the first Pakistani bank to enter the Metaverse, Allied Bank's enhanced platform delivers a visually richer, feature-packed, and more intuitive experience. The new environment offers customers an interactive 3D virtual space to explore banking services like never before, combining convenience, personalization, and immersive engagement. The solution is built on Orion, the enterprise-grade Metaverse platform developed by Avanza Innovations, and seamlessly extends Allied Bank's digital ecosystem into a next-gen virtual realm. This initiative underscores the Bank's commitment to emerging technologies, customer-centric innovation, and future-proof infrastructure. Mohsin Mithani, Chief Digital Officer at Allied Bank, commented, 'We continue to explore emerging technologies that redefine how customers experience banking, especially the younger, digitally native generation who expect immersive, gamified, and always-on engagement. By bridging financial services with cutting-edge virtual environments, we are shaping a future-ready ecosystem that speaks the language of tomorrow's customers.' Copyright Business Recorder, 2025

ABL partners with Befiler to launch seamless tax filing services
ABL partners with Befiler to launch seamless tax filing services

Business Recorder

time29-07-2025

  • Business
  • Business Recorder

ABL partners with Befiler to launch seamless tax filing services

KARACHI: Allied Bank, one of Pakistan's leading commercial banks, has announced a strategic partnership with Befiler, a premier digital tax filing platform, to provide customers with secure, convenient, and integrated tax management solutions. The partnership was formally unveiled during a signing ceremony held at Allied Bank's Clifton office in Karachi. The event was attended by senior leadership from both organizations, including Akbar Tejani, CEO of Befiler, and Allied Bank executives Mujahid Ali – Chief Technology & Digital Transformation, Mohsin Mithani – Chief Digital Officer, and Muhammad Zaman – Group Head Digital Transformation & Innovation. 'This collaboration with Befiler marks another milestone in our journey to deliver meaningful digital services. Together, we're enabling customers to manage their taxes effortlessly through the myABL app—saving time, reducing stress, and adding value to their everyday banking,' said Mr. Mohsin Mithani, Chief Digital Officer at Allied Bank. Akbar Tejani, CEO of Befiler, added, 'At Befiler, we believe that simplifying tax compliance is not just a convenience — it's a national imperative. Our partnership with Allied Bank reflects a shared commitment to financial inclusion and transparency.' Copyright Business Recorder, 2025

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