iPath Attains PCI Secure SLC Vendor Compliance Certification

Lahore (Muhammad Yasir) iPath (Pvt) Ltd has become Pakistan’s first company to attain the PCI Secure SLC Certificate. Secure SLC is the first global PCI standard to focus on the vendor’s software development process and methodology rather than the payment application itself. This standard aims to embed payment application security principles early in the software development lifecycle and provides security controls and processes implemented into current industry-accepted SDLC practices. By obtaining this compliance, iPath’s software development is validated to protect sensitive customer payments data by building necessary security features and processes deep into the software development lifecycle. This certification was attained via PCI QSA Firm Risk Associates, a premier global information technology company, which is a certification body of Payment Card Industry Security Standards Council (PCI SSC).

The PCI Secure Software Lifecycle (standard SLC) emphasizes implementing security concepts and activities throughout the software development lifecycle. Speaking at the occasion, Mr. Ali Shah Asani, CEO – iPath, commended the entire team for their hard work and efforts towards achieving this milestone. He expressed, “Over the course of the past few years, we have witnessed that the definition and methods of security threats in the payment sphere have largely evolved and require new strategies of building security deep-rooted within payment software to reduce attack surface; our journey towards becoming the first Pakistani company to attain PCI Secure SLC compliance has imparted our entire team with a modern-day approach at global best practices to infuse security in our software development lifecycle”. He added, “Achieving Secure SLC not only validates our adherence to a cutting edge PCI standard enabling us to deliver high-quality, secure software, but it is also a testament to our commitment towards providing our customers with best-in-class payment solutions.” Mr. Abdus Samad Khan, COO iPath, applauded the entire team and expressed, “Traditionally, payment software vendors developed applications and then evaluated security vulnerabilities.

PCI secure SLC, on the other hand, changes the equation by shifting security towards the very left and in every aspect of the organization, not confined to the payment app alone. Prior to becoming the first IT Company in Pakistan to obtain the PCI Secure SLC, we had to undergo an extensive validation process, and the ongoing support from Risk Associates encouraged us to take all the preparatory actions to achieve this milestone.” He added, “And this compliance with the PCI Secure SLC showcases our adaptability to changing security threats, leading to increased customer trust. Banks are lately focusing on remote teams and resource augmentation, and having a Secure SLC vendor instills trust of the institution in our abilities”. The occasion was attended by Mr. Kashif Hassan, Managing Director at Risk Associates, who stated, “Working with iPath throughout the certification process has been a pleasure and witnessing their commitment to protecting the integrity and confidentiality of payment transactions and customer data by accommodating the Risk Associates team with the required information.

The Secure SLC Certification is proposed for vendors developing payment applications/software that supports or facilitates payment transactions. We commend iPath on becoming the first Pakistani PCI Secure SLC vendor and the 7th globally”. This certification proves that software developed by the iPath team is secure in design and protects payment transactions and sensitive consumer data. In addition, achieving this certification shows iPath’s higher commitment to the ongoing changes in the payment application landscape.

Strengthening the Gig Economy – The Hunar Foundation & HarKaam Sign MOU

Karachi (Muhammad Yasir) The Hunar Foundation’s (THF) vision is to create a new cadre of Skilled Pakistanis with internationally recognized technical qualifications, thus opening up a new world of opportunities. Subsequently, HarKaam.com was launched to facilitate 1 million earning opportunities in Pakistan in the next 5-years. Thus, to accelerate the achievement of this common dream, THF today joined hands with HarKaam and signed an MOU with HarKaam at THF Korangi Campus, to strengthen and enable the gig economy in Pakistan. This collaboration will facilitate the students, trainees and alumni of THF, providing them with an enabled digital platform & app to maximize their earning opportunities through leveraging digital tools. HarKaam and THF will be working together to make the gig economy one of the biggest contributors to the GDP of Pakistan. Chairman THF Mr. Aslam Khaliq, expressed his delight at partnering with HarKaam and said “Pakistan is being introduced to digital transformation, and we are glad to play our part in it by partnering up with a home-grown freelancing and service marketplace, as HarKaam. We want to take this opportunity to enable the freelancers and service providers to digitally cater to the local market, Founder and CEO of HarKaam, Khurram Bashir, stressed the importance of promoting local talent. “We have to provide young people every possible opportunity to not only make a living but build their skill sets. This partnership with THF is a key milestone in creating million income opportunities for the youth of Pakistan.” Mr. Ali Faraz Siddiqui, Chief Operating Officer THF, was also present on this occasion. He expressed his views by saying, “With the prevailing economic conditions and the increasing demand of learning new skill sets and applying them to generate supplemental income streams, a comprehensive local platform such as HarKaam is the need of the hour, to ensure the digital inclusion of freelancers and service providers to participate in lifting the economy in these trying times.” HarKaam’s Co-Founder Omar Abedin reiterated the company’s commitment to create income opportunities. “We started HarKaam with an underlying vision of creating opportunities for young people, which is the need of the hour, given the challenging economic environment we are facing as a nation. This will not only stimulate the local economy but prepare the fast-growing Pakistani freelancing community for opportunities from across the globe.”

Microsoft for Startups MEA celebrates graduation of second cohort of GrowthX Accelerator program

The closing ceremony saw participating startups pitch their unique digital solutions to the program’s corporate engagement partners.

Lahore (Muhammad Yasir) Microsoft for Startups, in partnership with the Abu Dhabi Investment Office (ADIO), graduated 21 startups from the second GrowthX Accelerator program during a Demo Day on Tuesday, 28 June in Abu Dhabi. The ceremony was attended by startup founders, corporate partners, investors, government officials and other stakeholders from the regional startup ecosystem.

During the 12-week program, startups worked closely with Microsoft’s corporate engagement partners DHL, EY, Koç Holding and PwC to co-create technology solutions that address real challenges facing corporations in MENA. Participating founders pitched their solutions during the Demo Day to a panel of corporate partners, who shared their insights and feedback.

Eng. Abdulla Abdul Aziz AlShamsi, Acting Director General at ADIO, said “Startups are an essential driver of innovation and job creation, so it is crucial that we increase opportunities for them to access the tools and resources they need to drive impact. That’s why we launched the GrowthX Accelerator in partnership with Microsoft, so we could help businesses grow and scale, while supporting the private sector in accessing unique innovations. We congratulate the startups who graduated from the second GrowthX Accelerator and look forward to seeing them leverage the solutions created during the program to drive further impact in the UAE and the region.”

“It has truly been incredible to see the growth of these entrepreneurs over the course of the program. We’ve seen them leverage every opportunity to enhance their skillset, develop their solutions and embrace the learnings available to support them in growing and scaling their businesses,” said Sayed Hashish, General Manager, Microsoft UAE.

“The GrowthX Accelerator is unique in that it is specially curated to not only empower startups with the tools, training and networking opportunities they need to grow and scale, but it also supports corporates in their endeavours to engage innovative tech startups in providing unique solutions to the very real problems they are facing. We thank our corporate engagement partners for participating in this important program and truly congratulate the graduating startups,” said Hashish.

As part of Microsoft’s commitment to empower startups with the tech, mentorship and access that they need to become future unicorns of the Middle East, Turkey and Pakistan, the graduating startups will have continued access to support from the Microsoft for Startups team who will continue to encourage growth and provide the tools required to scale across the region. Some of the startups will also work with Microsoft corporate partners in the future to identify business and mentorship opportunities.

The 21 startups from the GrowthX Accelerator that offered breakthrough solutions to meet corporate clients’ challenges and requirements include AiFlux, DevisionX, Event Gates (EGT Kontrol AS), Farmdar, Farmin, Greener Crop, IPERA.AI, Lune Technologies, monak e-services, NutzenTech, Nybl, Occicor, Olymon Solutions, Pivony, PowerDev, Sav, Searover, Swftbox, Trade Capital Partners (TCP), Valorafutbol, Workfam.

IBA Karachi sets new strategic direction at the Leadership Retreat 2022

Karachi (Muhammad Yasir) IBA Karachi, steers into a new direction from being one of the leading business administration institutes to one of the best multidisciplinary institutes of higher learning in the country. IBA’s Retreat was held after the formation of three schools and the appointment of three permanent deans for each school. The IBA Retreat 2022 was organized at Pearl Continental Hotel Karachi from June 28 -29, 2022 under the leadership of Dr. S Akbar Zaidi, Executive Director, IBA Karachi, who invited key stakeholders from IBA, along with prominent experts and strategists from academia, to participate in the development of IBA’s future vision.

IBA Karachi has gone through tremendous transformations to become a multidisciplinary teaching and research institution. Three full-fledged schools have been formed – namely the School of Business Studies (SBS), School of Economics and Social Sciences (SESS), and School of Mathematics and Computer Science (SMCS) – a number of new degree programs have been launched; policy and regulatory frameworks have been put in place; various research and professional development centres have been established to cater to the emerging needs in order to adapt to the ever changing local and global dynamics. The purpose of the Retreat 2022 was to remain abreast with the recent trends, ideas, while envisioning the role of the IBA in the socioeconomic development of the country and lay the foundation for a concentrated journey to achieve IBA’s vision.

The key pillars for the Retreat were identified as: meaningful and impactful research, innovation culture, alignment of academic programs with global trends and market needs, enhanced role of professional development centers, accreditations, quality faculty, academic/industrial linkages, and overall financial sustainability of the IBA.

The leadership aspect reflected upon the newly appointed full-time deans who will lead their respective schools on the academic and research fronts – enabled by a revamped Office of the Registrar which will provide administrative, technological and logistical support. Various steering and monitoring committees are in place to ensure accountability across the board.

The infrastructural and technological development side included, the solar energy project, faculty apartments, new girls’ hostel, state-of-the-art digital IBA project, and overall revitalisation of the campuses.

The event was attended by a large number of IBA faculty members, staff, senior leadership including Dr. S Akbar Zaidi, Executive Director; Dr. Asad Ilyas, Registrar; Dr. Wajid H. Rizvi, Dean, SBS; Dr. Abdullah Sheikh, Dean-elect, SBS; Dr. Asma Hyder, Dean, SESS; Dr. Shakeel Khoja, Dean, SMCS; and Dr. Maheen Ghouri, Dean, Student Affairs.

Dr. Tariq Banuri, former Chairman, Higher Education Commission; Dr. Syed Zahoor Hassan, Professor and former Vice Chancellor, Lahore University of Management Sciences; Dr. Jawad Syed, Professor, LUMS; Mr. Jawwad Farid, Chief Executive Officer, Alchemy Technologies; and Mr. Rami Awad, Regional Manager, QS Quacquarelli Symonds, also participated in the event and highlighted the future role of universities in the development of society and economy.

The participants appreciated the idea of setting up a long-term plan for the IBA and underscored the importance of holding such events in the future to monitor and ensure progress towards IBA’s future vision.

 

 

 

LUMS celebrates the commencement of the Class of 2022

Lahore (Muhammad Yasir) Convocations are an honoured tradition to celebrate graduates’ accomplishments in the presence of loved ones, peers, and teachers. On June 30, the LUMS Class of 2022, came together to look back at the precious memories they made on campus, and look forward to new beginnings.

Around 1100 graduate and undergraduate students from all five schools at LUMS were awarded degrees at the convocation. The University’s senior leadership including Pro Chancellor, Mr. Abdul Razak Dawood, Rector, Mr. Shahid Hussain, Vice Chancellor, Dr. Arshad Ahmad, Members of the LUMS Board of Trustees, Deans, faculty and staff members celebrated the momentous occasion with the graduates and their families.

Registrar, Ms. Zara Fateh Qizilbash delivered the welcome address, following which, the Pro Chancellor, Mr. Abdul Razak Dawood formally inaugurated the 34th convocation of LUMS.

Vice Chancellor, Dr. Arshad Ahmad congratulated the graduating class and wished them well for their future. He recognised the convocation as a defining moment for all students. While referring to the ongoing political uncertainty and economic challenges, he called upon all graduating students to discover their individual roles and serve a greater purpose. He also emphasised strengthening a collective hope for a better and stronger Pakistan. Towards the end, he advised all students to embrace their full potential and move forward, following in the footsteps of their predecessors while adhering to the timeless qualities of integrity, punctuality, respect, patience, and empathy.

The keynote address at this year’s commencement was delivered by the inspiring, Justice (Retd.) Nasira Iqbal. Recipient of the prestigious, Sitara-i-Imtiaz 2021, Justice Iqbal was one of the first five women to be appointed to the Lahore High Court, where she served as a justice from 1994 to 2002. A Harvard Law School graduate, she is sought after as a legal scholar, has lectured around the world and has represented Pakistan at various international forums. She lauded the efforts of the LUMS community to enable and empower Pakistani youth by providing high-quality and impactful education and training.

In her address, she wished the graduating class success and expressed the hope that they will contribute to the development of the country and create shared value for the people around them. She also urged the graduates to pursue inclusiveness as a way of tackling intolerance in society. Justice Iqbal appreciated the gender equality ratio at LUMS and quoted her own example, “There should be no age barrier to acquiring higher education and students should pursue it as the only means of achieving progress and prosperity.”

Alina Anjum, this year’s valedictorian, inspired her fellow students by sharing her experiences at LUMS and her ideals of pursuing self-belief and strengthening mutual bonds.

One of the winners of this year’s Vice Chancellor’s Award for Teaching Excellence, Dr. Haniya Azam, Assistant Professor of Mathematics, shared her thoughts about the enabling environment at LUMS that facilitates learning, growth and success. She also encouraged the graduates to never settle for less and strive for excellence.

Dr. Azam’s address was followed by the awarding of degrees to all graduating students, the robing of PhD graduates, and the presentation of the National Management Foundation awards and corporate medals to high-performing students.

Late Aqsa Fatima, a LUMS student who passed away in April and was to graduate this year, was awarded a posthumous MBA degree to honour her memory. Rector, Mr. Shahid Hussain, presented the degree to the parents of late Aqsa Fatima.

A recorded broadcast of the ceremony can be viewed at the LUMS Facebook page.

Hysab Kytab signed a strategic partnership with Winikon

Karachi (Muhammad Yasir) Hysab Kytab – a leading FinTech that offers a suite of financial management solutions has signed a strategic partnership with Winikon – IT services company specialized in the banking business to enhance the banking experience of customers. This collaboration will help in providing individual-level personalized financial management products and services to banking customers.

The partnership between Winikon and Hysab Kytab will facilitate banking customers to manage their finances more efficiently and securely. It will improve the banking experience, and better money management and help the customers proactively manage their finances.

 Viktor Weininger, CEO at Winikon said ’’Winikon is serving Temenos Transact clients backed up with 15+ years of experience in Temenos ecosystem. PFM is a key element of digital transformation as mobile is the most essential touchpoint with banking clients nowadays. I’m delighted to onboard Hysab Kytab as our partner. Through our partnership with Hysab Kytab, we are offering a best-of-breed, innovative PFM solution integrated with Transact”

Yasir Ilyas, Head of Hysab Kytab said “Hysab Kytab’s PFM is available at Temenos Exchange (Temenos Marketplace) as pre-integrated with Infinity and Transact for global customers. As a product company our expansion/scale strategy demands finding well reputed partners that have track record of successful projects. This partnership with Winikon is key for our scale strategy and I look forward to creating success together with Winikon”.

Taking the smartphone market by storm – Infinix 5 mins charge challenge!

                   Visit, Participate and Win Infinix NOTE 12 VIP at Hafeez Center, Lahore

Lahore (Muhammad Yasir) Infinix, Pakistan’s highest selling smartphone brand has set up the 5 minutes charge challenge at Hafeez center so that everyone can witness the power of 120 W Hyper Charge. Participants will be able to witness the power of 120W hyper charge that comes with new Infinix NOTE 12 VIP.  They can also take part in interesting challenges & lucky-draws through which they can win Infinix NOTE 12 VIP and other exciting gifts. The exhibition of this new era of technology will take place from 27th-30th June at Hafeez Centre, Lahore.

Amid offering the fastest charge, Infinix has still announced the 5-minute charge challenge against Infinix NOTE 12 VIP’s 120W hyper charge.  People will be able to witness the capability of Infinix technology, by comparing the charging speed of their personal mobiles with the NOTE 12 VIP in a 5-minutes span only. And by doing so, they can simply get a chance to win Infinix NOTE 12 VIP.

In no time, Infinix has emerged as the new trendsetter of style, technology, and engaging activities in Pakistan. The challenge has already astonished the people, also buzzing the mobile market. Buyers, sellers, users, and fans are eager to witness the claim of Infinix NOTE 12 VIP charging from 0 to 100% in 17 minutes.

Other than the 120W hyper charge, Infinix NOTE 12 VIP has a top-notch processor of MediaTek Helio G96 combined with an extended RAM of up to 13 GB, does not make it any less surprise that NOTE 12 VIP is synonymous with efficiency.

In order to witness the power of 120 W hyper charge along with other exciting takeaways, all the tech enthusiast must visit the Infinix experience popup between 27th – 30th June at Hafeez Center, Lahore!

Free Fire Pakistan onboard Asim Azhar and Merub Ali to feature together for the first time

Lahore (Muhammad Yasir) Free Fire Pakistan have announced the onboarding of Asim Azhar and Merub Ali in their latest collaboration which will feature a new single followed by a music video co-created with Asim Azhar. This collaboration brings about the first published work of the infamous celebrity couple, with the pair featuring together for the first time ever.  Free Fire is the world’s leading mobile battle royale game with over 1 Billion downloads and has been at the forefront of the Esports revolution in Pakistan.

The track is expected to be released on the special occasion of Eid-ul-Adha this year, with fans eagerly awaiting the first look of the popular couple in the music video. Free Fire Pakistan has previously made some notable collaborations with many big names from Pakistani music industry like Ali Zafar, Young Stunners, Junaid Khan, and Falak Shabir and have gone to add Asim Azhar to that list. More recently Free Fire Pakistan announced cricketing heroes Babar Azam and Shadab Khan as their brand ambassadors for the year.

Commenting on the occasion, Asim Azhar said: “It’s an honour to be collaborating with Free Fire. We’ve often heard how esports is booming globally and I’m glad to join hands with the organisation at the forefront of the esports revolution in Pakistan. Really excited to see what Free Fire Pakistan does next!”

Free Fire Pakistan has recently announced its new flagship national tournament, the Soobai Series that is set to induct new professional esports players into the Pakistan ecosystem, having placed participation restrictions on the top 9 teams from FFPL III. This initiative shall provide more opportunities to players from Free Fire’s evolving community to pursue esports as a profession.

Stay tuned to Free Fire’s social media channels for the latest updates.

Free Fire can be downloaded on both the Apple iOS App and Google Play store.

Stakeholders warned that fuel price hike further aggravate the girls drop out from schools

Lahore (Muhammad Yasir) Expressing grave concern over the 2.2 million out of school children, with girls being the majority, experts have stressed on the
implementation of Free and Compulsory Education Act and girls right to
secondary education in Punjab.

These thoughts were expressed in the consultation session on the
Implementation of Free & Compulsory Primary Education Act and Girls’
Right to Secondary Education organized by Awaz CDS and National
Commission for Human Rights. The major focus of the session was to
emphasize on the initiatives needed to be taken to ensure primary
education of children and reducing girls drop out from secondary
schools as it would contribute a lot towards ensuring educated women
population, a guarantee to economic and social stability.

Chief Executive Awaz CDS, Mohammad Zia ur Rehman, Member/Commissioner
(Punjab) National Commission for Human Rights, Nadeem Ashraf, Director
School Education Department, Mr. Ghulam Farid, Member Punjab Assembly,
Ms. Uswa Aftab, and Ms. Ayesha Iqbal, Ms Noorish Sabah, Director
Punjab Literacy Department, Ms. Baela Raza Jamil from ITA and other
academics as well as members from NGOs attended the event.
In his opening remarks, Zia ur Rahman, Chief Executive Awaz CDS
highlighted the significance of girls quality secondary education and
explained the grey areas in the way of girls education in Punjab.
He urged the Punjab government to immediately notify the Punjab Free
and Compulsory Education Act 2014 which was approved earlier . He
stressed for increase in development budgets for school education as
developments budgets are only being distributed to PEF and PEIMA
rather development budgets needs to be utilized for the development of
public schools especially for girls, where missing facilities and
accessibility is still a major challenge. He further warned that due
to fuel price hike many girls are leaving schools and more drop outs
are expected after summer vacations.

Mr. Nadeem Ashraf, Member/ Commissioner (Punjab) National commission
for Human Rights welcomed the audience and discussed the bottlenecks
and challenges in implementing Free and Compulsory education act and
ensuring girls basic right of getting education and shift nation
towards stability.

He said that according to PSLM 2019-20, In Punjab for every 100 girls
enrolled at the primary level, 38 are out-of-school and for every 100
girls enrolled at the secondary level, 162 are out-of-school .

Ms. Ayesha Iqbal, Member Punjab Assembly highlighted the recent
development for enforcement of Punjab Free & Compulsory Education
Amendment Act 2020 for the immediate enactment of law . She stressed
that Governor Punjab Mr. Baligh-ur-Rehman should take steps to get
this education Act notified without any delay as education is priority
for all parties.

Member Punjab Assembly, Ms. Uswa Aftab on behalf of School Education
Standing Committee stressed on the importance of notification of
Punjab Free & Compulsory Education Act 2014 to ensure every child is
getting basic education and country is progressing towards achieving
SDGs on education.

She said that her department is constantly working on this sector and
said they would make extra efforts to sensitize more and more people
on girls education in order to minimize girls secondary school drop
out ratio.

The floor was then opened for Answer questions followed by insightful
discussion on making primary education compulsory in the province and
ensuring girls are getting secondary education and thus contributing
towards stability and national goals of educated Pakistan.

TPL Trakker Signs Mou With SNGPL For Fleet Management Solutions

Karachi (Muhammad Yasir)  TPL Trakker Limited has recently partnered with Sui Northern Gas Pipelines Limited (SNGPL) for fleet management solutions.

SNGPL is the largest integrated gas company that serves over 7.22 million consumers in Pakistan through and extensive network in Punjab, Khyber-Pakhtunkhwa and Azad Jammu & Kashmir.

As a result of this partnership, SNGPL will benefit from being able to better monitor and manage its transport network with an objective to streamline their fleet health, and safety of employees across Pakistan.

Commenting on the occasion, CEO of TPL Trakker, Sarwar Ali Khan said, “A great chunk of our population in North and Central Pakistan relies on SNGPL for the provision of natural gas for residential, commercial and industrial purposes. This partnership will ensure improved operational efficiency as well as cost optimization for SNGPL. We are firm believers of low-carbon-future and have successfully maintained transformative improvements for such large scale operations, by offering a robust set of solutions and services in actively responsive environments.”

TPL Trakker is revolutionizing various industries across Pakistan through a vibrant array of Tracking, Digital Mapping and IoT services that enhance operational capabilities for government and private organizations.