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easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan

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The two parties came together in Pakistan’s capital, signaling increased focus on building a robust and compliant digital financial ecosystem

ISLAMABAD, June 17, 2026 /PRNewswire/ — easypaisa digital bank has signed a Memorandum of Understanding (MoU) with Binance, the world’s leading blockchain ecosystem and cryptocurrency exchange, to explore the adoption and growth of emerging financial technologies, as well as innovative digital savings and investment solutions in Pakistan.

The MoU was signed in Islamabad by Jahanzeb Khan, President & CEO of easypaisa digital bank, and Tarik Erk, Regional Head for MENAT and Senior Executive Officer (SEO) Abu Dhabi at Binance, in the presence of senior representatives from both organizations. The collaboration reflects easypaisa’s commitment to supporting innovation and the responsible growth of Pakistan’s digital financial ecosystem.

Under the MoU, easypaisa and Binance will initiate exploratory discussions to assess potential areas of collaboration aimed at supporting the development of Pakistan’s digital savings and investment ecosystem. Any future collaboration will remain subject to applicable regulatory approvals, evolving regulatory frameworks, and the fulfillment of all licensing and compliance requirements.

Binance serves more than 300 million registered users globally and offers a comprehensive suite of blockchain and digital financial technology solutions, including trading platforms, financial products, educational initiatives, and Web3-enabled services. Operating with a strong emphasis on security and regulatory compliance, the company is committed to fostering a more inclusive digital economy that enhances financial access and opportunity worldwide. Binance has also obtained AML registration under the Pakistan Virtual Assets Regulatory Authority (PVARA), marking an important step in supporting Pakistan’s regulated digital financial ecosystem.

Proposed initiatives under the MoU may include awareness, education, and capacity-building initiatives from an exploratory perspective, which will accordingly enable the bank to develop potential future initiatives in line with applicable regulatory guidelines.

The collaboration reflects growing interest in digital savings and technology-enabled financial innovation, particularly among Pakistan’s rapidly expanding digitally connected population. Pakistan continues to present significant potential for growth in emerging financial technologies, with innovation-led investment and technology initiatives offering promising opportunities for the country’s broader digital economy.

Commenting on the collaboration, Jahanzeb Khan, President & CEO, easypaisa digital bank, said, “easypaisa digital bank is committed to making digital banking easy and secure for our customers. Leveraging Binance’s expertise in emerging areas of financial technology presents an opportunity for us to learn and explore in line with the guidelines of the PVARA. We look forward to working with Binance to explore safer and more reliable ways to support digital financial access and innovation in Pakistan.”

Tarik Erk, Regional Head for MENAT and Senior Executive Officer Abu Dhabi at Binance, added, “Partnering with easypaisa reflects Pakistan’s growing potential as a forward-looking market for emerging financial technologies, supported by scale, trust, and increasing regulatory engagement. With rising awareness and interest across Pakistan, we believe Binance’s global expertise, combined with easypaisa’s local reach and scale, can help support responsible innovation and long-term ecosystem development.”

With a customer base representing one in every five Pakistanis, a 31% female user base, and more than 4.5 billion transactions processed in 2025, valued at over PKR 15 trillion — approximately 13% of Pakistan’s GDP, easypaisa digital bank continues to set new benchmarks for digital banking and financial empowerment across Pakistan.

Disclaimer: Virtual assets are subject to high market volatility and carry significant financial risk, including the potential loss of capital. Prices can fluctuate substantially over short periods. Past performance is not indicative of future results. This material is for informational purposes only and does not constitute financial, investment, or trading advice. Users should conduct their own due diligence and consult a licensed financial advisor before making any investment decisions. Virtual asset services are subject to applicable regulatory frameworks, including SBP and PVARA requirements. 

About easypaisa digital bank:

easypaisa is Pakistan’s first digital bank and has advanced Pakistan’s digital finance landscape. Backed by our shareholders, Telenor Group-a leading telecom operator in Asia and the Nordics- and Ant Group-the force behind Alipay, the world’s leading open internet platform, easypaisa deliver secure, convenient financial solutions to millions of Pakistanis.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 300 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.

For more information on Binance, visit: https://www.binance.com.

Contact:
pr@binance.com

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X Square Robot showcases the Power of “One Model, Many Applications” at WRC 2026

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Highlighting the breadth of what WALL-B can enable and the depth of performance it can sustain in the physical world.

BEIJING, Aug. 25, 2026 /PRNewswire/ — X Square Robot, a Shenzhen-based embodied AI company, concluded its participation at the 2026 World Robot Conference (WRC) in Beijing, putting its “one model, many applications” approach to practice across multiple robotic platforms and real-world tasks. Powered by WALL-B, the company brought this approach into a range of physical environments, while extending its first logistics livestream on Aug 12 into a five-hour challenge during WRC.

At the conference, X Square showcased its WALL-B technology across several robotic platforms. In a home environment, two wheeled humanoid robots responded to spoken commands. It performed tasks including organizing household items, retrieving and delivering objects, cleaning, watering plants and handling pet-related chores. Using coordinated two-arm manipulation and obstacle avoidance, the robot moved between rooms and carried out the requested tasks.

The exhibition demonstration formed part of X Square’s broader effort to deploy robots in real homes. In March, the company partnered with Chinese local-services platform 58.com to launch a home-cleaning service, with robots working alongside professional cleaners during household visits. In May, X Square began placing robots with participating households for extended in-home service through its “X Family Member Program.”

Elsewhere at the conference, a 22-degree-of-freedom, five-fingered dexterous hand completed a multi-stage fan-unboxing task powered by WALL-B. With its view partially obstructed by the box, the system opened the packaging, removed the fan from a confined space, placed it on a table, turned the fan on and visually verified that it was running. A separate dual-arm system responded to visitors’ natural-language requests by selecting flowers of the specified color and arranging them in a vase. It adjusted its grip and positioning to handle flexible stems and deformable flowers, and replanned its movements when the flower basket or vase was moved during the task.

X Square extended its focus on real-world deployment into logistics. The WALL-B-powered system is already operating on a live parcel-sorting line and is designed to support continuous, round-the-clock operation. The WRC demonstration provided a public test of that capability. During the challenge, the WALL-B-powered system sorted 10,000 parcels in 5 hours, 14 minutes and 1 second, translating into an average throughput of 1,911 parcels an hour, or about 1.88 seconds per parcel.

During the challenge, the robots handled parcels that varied in size, shape, material and position. The system had to repeatedly identify, grasp, orient and sort the items, while correcting unsuccessful actions and responding to changes on the conveyor. Maintaining its throughput over thousands of parcels offered a measure of the consistency and endurance required in commercial logistics operations.

“Embodied AI requires a foundation model built specifically for the physical world, in parallel with the foundation models developed for the digital world. At X Square, our aim is to develop a common intelligence foundation that can operate across different robots, tasks and physical environments, while continuing to improve through real-world deployment,” said Wang Qian, founder and CEO of X Square Robot.

Taken together, the demonstrations reflected X Square’s broader view that embodied intelligence should not be tied to a single robot, task or environment. The company said it will continue integrating models and robotic hardware as it expands into additional home, logistics and industrial applications.

For more information, visit https://x2robot.com/.

About X Square Robot

X Square Robot focuses on developing its own general-purpose embodied AI models and robotic hardware. As a leading Chinese company in the field, it has pioneered the deployment of general-purpose embodied AI in real-world settings such as homes and logistics.

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SOURCE X Square Robot

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European Telcos Push EMEA 5G Mobile Core Revenue to a New High in 2Q 2026, According to Dell’Oro Group

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Sharp IMS Revenue Contraction Brings Down Market

REDWOOD CITY, Calif., Aug. 24, 2026 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, 5G Mobile Core Network (MCN) revenue in EMEA grew over 30 percent in 2Q 2026, contributing more revenue to the worldwide 5G MCN market than any other region.

“So far in 2026, eighty percent of the operators to have launched 5G Standalone (SA) networks for consumer services have been in Europe,” stated Siân Morgan, Sr. Director at Dell’Oro Group. “This helped EMEA 5G MCN revenue to reach a high-water mark in 2Q 2026, and we expect this region will keep expanding in the coming quarters.

“The growth in 5G MCN occurred despite an escalation in server prices causing mobile network operators to scrutinize the cost of network projects. On the other hand, IMS revenue contracted for the third quarter in a row, with most regions seeing a drop in Voice core revenue,” continued Morgan.

Additional highlights from the 2Q 2026 Mobile Core Network and Multi-Access Edge Computing Report include:

MCN market dynamics were stable, with Huawei, Ericsson and Nokia growing MCN revenue in alignment with total market expansion.
4G Wireless Packet Core revenue outpaced the market for the third quarter in a row, driven by mobile network operators that have not yet moved to 5G SA.
In nominal terms, revenue from 5G MCN has still not reached the levels achieved by 4G MCN, with the pressure to automate operations and grow ARPU counterbalanced by the rising cost of infrastructure.

About the Report
The Dell’Oro Group Mobile Core Network & Multi-Access Edge Computing Quarterly Report offers complete, in-depth coverage of the market with tables covering manufacturers’ revenue, shipments, and average selling prices for Traditional Packet Core, Evolved Packet Core, 5G Packet Core, Policy, Subscriber Data Management, Signaling, Circuit Switched Core, and IMS Core by geographic regions. To purchase this report, please contact us at dgsales@delloro.com.

About Dell’Oro Group
Dell’Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, security, enterprise networks, and data center infrastructure markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell’Oro Group at +1.650.622.9400 or visit https://www.delloro.com.

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SOURCE Dell’Oro Group

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YADEA and J&T Express Philippines Sign Strategic Agreement to Advance Electric Last-Mile Delivery

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TAGUIG CITY, Philippines, Aug. 25, 2026 /PRNewswire/ — Yadea Philippines and J&T Express have announced a strategic partnership to accelerate the adoption of electric vehicles in the local logistics sector. Manila will serve as the pilot with 1,000 units rolling out initially, followed by nationwide expansion.

As the global No.1 electric two-wheeler brand for nine consecutive years, Yadea operates over 70 branded sales and service centers, with flagship models like EPOC and CL8. Partnering with J&T Express, a leading Philippine courier, will accelerate Yadea’s entry into the local logistics market. Together, they aim to optimize logistics and drive a greener, low-carbon future for express delivery, reflecting the companies’ shared commitment to sustainable urban mobility and environmental stewardship.

YADEA ST13 is an electric delivery tricycle designed for high-frequency, short-distance commercial delivery scenarios. It integrates energy-efficient transport systems purpose-built for high-frequency urban dispatch. The unit features a weight-reducing mesh cargo box that directly optimizes battery range, paired with premium A+ grade puncture-resistant steel-wire tires designed for continuous delivery operational capability.

Yadea General Manager of the Philippines Wang Chun stated, “This cooperation reflects a deep synergy between product capability and logistics networks, representing a practical response to the country’s demand for green transportation. We hope our locally tailored electric vehicles allow delivery personnel to ride with greater peace of mind and operate more efficiently, injecting tangible momentum into low-carbon urban logistics.”

J&T Express Philippines National Capital Region Key Account Manager Mary Andaya stated, “Through this collaboration, we are actively integrating electric vehicle solutions into our last-mile operations. This initiative optimizes our daily workflow while aligning with our shared direction of collaborating on the large-scale adoption of electric tricycles for deliveries to enhance delivery efficiency within the local logistics sector.”

About YADEA

YADEA is a leading electric mobility brand and has ranked No.1 globally in electric two-wheeler sales for nine consecutive years. Driven by innovation, YADEA provides electric two-wheelers, electric tricycles and other mobility solutions to users around the world through its integrated capabilities in R&D, manufacturing, products channels and services.

About J&T Express Philippines

J&T Express Philippines, a nationwide logistics provider established in 2019, offers express delivery services via land, air, and sea. The company operates automated distribution centers and maintains extensive trucks and delivery services that run 24/7, ensuring that packages are safely delivered across the Philippines.

Contact:
media@yadea.com

 

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SOURCE Yadea Philippines

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