Tag: Introduces

MOSCOW - Visa Inc (NYSE:V), one of the global leaders in the payments industry, today announced the introduction of a new person-to-person payments service that will allow millions of customers to send and receive funds within minutes both internationally and domestically.
This service comes as a result of a major enhancement to the Visa network that enables Visa card accounts to receive funds in near real-time. The enhancement is expected to prompt a new generation of personal

LAHORE - Visa Inc has recently announced significant improvements to its security capabilities which will dramatically improve its ability to detect and prevent global electronic payments fraud. Upgrades to Visa's global processing platform - VisaNet - have allowed Visa to develop new anti-fraud models that enhance the speed and accuracy with which Visa detects attempted payment card fraud.
An analysis of past global transactions suggests Visa's enhancements could help identify

LAHORE - Information technology (IT) training workshop was held on Tuesday on the second day of FAST Institute of Electrical and Electronics Engineering (IEEE) week. The event focused on informing IT students about the latest happenings in the IT world. Students from different universities and colleges attended the workshop.
Zeeshan Ahmed, a FAST student from the Computer Science (CS) department, presented the process of building a 'cool website' from scratch. Attendees showed

LAHORE - Punjab Board of Investment and Trade (PBIT) has implemented Real Estate Investment Trust (REIT) tax policy reform through the Punjab government. REITs are mutual funds that utilise the pooled capital of a large number of investors to purchase develop and manage real estate assets. Units of a REIT fund are listed and traded on stock exchanges.
The REIT constitutes an ideal vehicle for small savers and other individuals wishing to invest in real estate while accessing the

LAHORE - The Pakistan Cricket Board, in a series of experimental steps to improve its domestic structure, has enforced a new policy of grading the performance of umpires. Following complaints of sub-standard umpiring in the Quaid-e-Azam Trophy final, a senior official of the board confirmed that they were already experimenting with a new grading system for umpires. "Yes, the umpiring was not up to the mark, but we have already enforced a system where the umpires getting bad reports

LAHORE - The Lahore Waste Management Company (LWMC) has unveiled Modern Sanitation Plan for commercial markets and has launched as a pilot project in Barkat Market and Garden Town.
The plan, according to LWMC Managing Director Waseem Ajmal, will improve the cleanliness and local environment by providing effective waste collection system. An official from the DCO office told Pakistan Today that LWMC, subsidiary of City District Government Lahore (CDGL), had launched the sanitation

LAHORE - Conservation & Hunting Association of Pakistan (CHAP), with the collaboration of the Punjab Wildlife & Parks Department, has introduced aendly but also comprehensively informative.
Abid Tareen, Director Marketing of CHAP, stated that the new shooting licence has details in English and Urdu as well as picture illustrations for users who are not literate. It also includes the General Hunting Regulations & Code of Practice, specifying details covering license requirements,

LAHORE - Cisco Systems and MCB Bank, a leading financial institution in Pakistan, have jointly announced deployment of the Cisco TelePresenceTM systems at MCB offices in the cities of Lahore and Karachi.
This system applies high-definition video and spatial audio to create a virtual face-to-face collaboration among meeting participants - enabling all to feel present together and communicating with each other, as in the very same room.
The aim is to bring transformational

LAHORE: Warid Telecom, following its tradition of bringing innovative products and services to its subscribers, has now brought Group SMS. Warid users can create an SMS group of up to 10 people. Every message one sends to the group will be sent to each person in the group, and when someone responds, it will be sent to everyone in the group as well. This makes group discussions and planning get-togethers and other group activities easy and spontaneous with just a couple of SMSes.