Connect with us

Technology

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

Published

on

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

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/easypaisa-and-binance-sign-mou-to-explore-emerging-financial-technology-growth-in-pakistan-302798161.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Techman Robot Targets Southeast Asian Smart Manufacturing Markets at Thailand Automation Show

Published

on

By

AI-guided smart cartoning & packing lines and the all-new lightweight TM3S cobot make their overseas debut.

BANGKOK, June 17, 2026 /PRNewswire/ — Techman Robot, a global leader in collaborative robots and AI vision technology, will showcase its latest innovations at the “ME Assembly & Automation 2026”. Centered around the dual themes of “Smart Packaging Automation” and “High-Efficiency AI Inspection,” the company is introducing tailored solutions for the electronics manufacturing, automotive components, food & beverage, and consumer electronics sectors

AI Vision-Guided Smart Cartoning and Packing Line

To address the critical automation demands within e-commerce and retail product packaging, Techman Robot is highlighting its “Automated Cartoning and Packing Line”. This solution overcomes the traditional limitations of mechanical grippers in complex packaging environments by integrating Techman collaborative robot, advanced AI vision guidance systems, and dexterous gripping technologies.

Demonstrating a seamless synergy of “brain, eye, and hand,” the system automates cardboard fetching, precise positioning, box folding, cartoning, and transport. Featuring a modular design and rapid deployment capabilities, this solution significantly reduces line footprint, shortens implementation timelines, and enhances packaging efficiency and operational stability—making it ideal for high-mix, low-volume agile production.

The All-New Lightweight TM3S Cobot

Techman Robot is also debuting its latest flagship model, the brand-new “TM3S” collaborative robot. Engineered for on-site operations requiring frequent relocation and high flexibility, the TM3S boasts an ultra-lightweight design, weighing in at just 12 kilograms.

A key feature of the TM3S is its “Quick-release Connector” for cabling, which enables production engineers to install, disassemble, and relocate the unit within an exceptionally short timeframe, vastly improving operational mobility on the shop floor. Furthermore, the TM3S carries forward the signature feature of the Techman Robot family: the “Integrated Vision” system. This provides the robot with advanced spatial awareness and positioning capabilities, making it particularly suited for high-precision welding, assembly, workstation localization, and automated rapid inspection.

AI Flying Trigger Inspection & Instant Palletizer Solutions

Beyond its packaging and lightweight innovations, Techman Robot is demonstrating its “Flying Trigger AI Inspection” and “Instant Palletizer” systems.

Flying Trigger AI Inspection: Allows robots to perform real-time defect inspection and cosmetic recognition while in motion without pausing, driving significant leaps in both throughput and quality control.Instant Palletizer: Offers a streamlined setup and intuitive operation to help Southeast Asian food & beverage and 3C retail clients rapidly upgrade their end-of-line logistics and stacking efficiency, directly addressing regional labor shortages.  

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/techman-robot-targets-southeast-asian-smart-manufacturing-markets-at-thailand-automation-show-302802759.html

SOURCE Techman Robot

Continue Reading

Technology

IR launches Iris for HPE Nonstop, bringing AI-powered observability insights to mission-critical infrastructure

Published

on

By

SYDNEY, June 17, 2026 /PRNewswire/ — Integrated Research (ASX: IRI, “IR”), a leading global provider of observability solutions for mission‑critical payments, infrastructure and communications, today announced the launch of Iris for Nonstop, extending its conversational AI intelligence layer to HPE Nonstop environments.

Building on the success of Iris in multi‑vendor unified communications and collaboration (UC&C) observability, IR has embedded Iris directly into the Prognosis Platform for HPE Nonstop. This allows IT teams, business application stakeholders and more to ask questions in natural language and receive immediate, context‑rich answers about the health, performance and capacity of their Nonstop systems.

“Nonstop powers some of the world’s most critical transactions, but the data that keeps these environments running has traditionally been locked up in specialist tools and expertise,” said Ian Lowe, CEO at IR.

“With Iris for Nonstop, we’re providing AI powered intelligence direct to the IT function. Iris understands Nonstop, understands context unique to each clients environment, and can turn complex telemetry into actionable insight in seconds.”

AI‑powered observability for always‑on Nonstop environments

HPE Nonstop is a trusted platform for high‑volume, always‑on workloads in financial services, retail, telecommunications and other industries where downtime is not an option. IR’s Infrastructure suite, powered by Prognosis, has long helped clients monitor, troubleshoot and optimize the performance and availability of these environments with real‑time dashboards, alerting and automated reporting.

Iris for Nonstop builds on this foundation by adding a conversational AI layer that:

Answers complex questions in plain language – Operators can ask questions such as “Is CPU usage normal for this time period?” or “Can you show me the network traffic trends over the past 2 weeks?”, and Iris will respond with explanations, context and recommended next steps.Accelerates incident resolution – By synthesizing Prognosis’ real‑time telemetry into guided insights, Iris helps teams identify root causes faster, reducing mean time to resolution in high‑stakes Nonstop environments.Democratizes Nonstop expertise – Iris makes Nonstop performance and capacity data accessible to broader IT, business and executive stakeholders, with easy‑to‑consume natural‑language summaries and reports.Supports proactive capacity and batch planning – By leveraging Prognosis Infrastructure, Business Insight and Batch Manager capabilities, Iris can surface trends in capacity, usage patterns and batch workloads, helping teams plan ahead before issues impact production.

Unified intelligence layer for hybrid Nonstop, from core to edge

As Nonstop clients adopt virtual Nonstop, cloud deployments and hybrid infrastructures spanning core and edge, the complexity of managing performance and capacity continues to grow. The combination of Prognosis Server on Nonstop, Prognosis Edge, and now Iris for Nonstop gives organizations a unified intelligence layer over their distributed, mission‑critical environments.

“Our clients are running Nonstop everywhere – in data centers, in virtualized environments and at the edge,” said Ian Lowe. “By embedding Iris directly into our Infrastructure solutions, we’re giving our clients an AI assistant that understands their topology, their workloads and their SLAs, wherever Nonstop is deployed.”

Iris for Nonstop is available now with Prognosis 13.3, for clients using IR Infrastructure and the Prognosis Platform for HPE Nonstop. For more information, visit the website.

About IR
At IR, we power elite business performance. Trusted by the world’s largest organizations for more than 30 years, our market-leading observability solutions are powered by Prognosis – the real-time intelligence platform built for multi-vendor infrastructure, UC&CX and payments environments. To find out more, visit www.ir.com.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/ir-launches-iris-for-hpe-nonstop-bringing-ai-powered-observability-insights-to-mission-critical-infrastructure-302802808.html

Continue Reading

Technology

Hon Hai Technology Group (Foxconn) Accelerates Global Leadership In AI Factories, Infrastructure At Europe’s VivaTech

Published

on

By

TAIPEI and PARIS, June 17, 2026 /PRNewswire/ — Hon Hai Technology Group (Foxconn) (TWSE:2317), the world’s largest artificial intelligence server provider, accelerated its global leadership in AI factories and sovereign AI infrastructure by showcasing at VivaTech its end-to-end integration capabilities that also stand up the world’s most state-of-the-art, rack-scale AI supercomputer.

Considered Foxconn’s European debut and a nod to Europe’s biggest startup and tech event, the world’s largest electronics manufacturer brought the cutting-edge technology including NVIDIA Vera Rubin NVL72, NVIDIA HGX platforms and NVIDIA MGX architectures, as well as two of its electric vehicles and advances in humanoid robotics.

“Foxconn is connecting with transformation opportunities and diversified business models across European industries. By fostering technology collaboration with industry, start-ups, government and academia, we strengthen our Build-Operate-Localize presence in Europe,” said Foxconn Vice President and Spokesperson James Wu, referring to the Group’s innovative BOL business model that supports local communities.

Underscoring the market’s importance, Foxconn, with partners Bull of France, a leader in advanced computing and AI, and NVIDIA also announced a strategic milestone to build the NVIDIA Vera Rubin NVL72 platform from Europe that will commercialize under the Bull brand.

At Foxconn Booth 2B41, the NVIDIA Vera Rubin NVL72 represents the next frontier of Agentic AI. On display, as well, were NVIDIA HGX Rubin NVL8 and NVIDIA MGX 4U system, affirming the Group’s manufacturing strengths in high-density AI racks, compute trays, liquid cooling, power delivery, and system integration. Moreover, with its dedicated business unit for AI supercomputing & cloud operations, Visionbay.ai – which is an NVIDIA Cloud Partner (NCP) – the Group showed end-to-end solutions that cover the full stack AI factory operations to technical services and application ecosystems.

For the first time in Europe, the public can see and sit in two modern EVs offered by Foxconn unit FOXTRON Vehicle Technologies under a Contract Design and Manufacturing Service, or CDMS, business model. A MODEL B sporty crossover – being sold in Taiwan under the BRIA brand – and a MODEL D lifestyle multipurpose utility vehicle represent the Group’s capabilities in EV platforms, complete vehicle design, smart cockpits and advanced electronic/electrical (E/E) architectures.

Meanwhile, a wheeled humanoid demonstrates dual-arm collaboration for precision assembly tasks. The embodied intelligence is derived from actual factory scenarios, combining simulation-based training with on-site iteration to enable rapid deployment and scalable rollout across manufacturing facilities.

About VivaTech here.

About Foxconn here.

SOURCE Hon Hai Technology Group (Foxconn)

Continue Reading

Trending