Experts call for stronger data governance in banking sector
Experts have called for stronger data governance in Pakistan’s banking sector amid the rapid expansion of the country’s digital payments ecosystem and its growing economic linkages with South Asia and the Gulf. Inflows of workers’ remittances hit USD 41.6 billion in FY26, while the State Bank of Pakistan (SBP) reported 9.1 billion retail payments worth PKR 612 trillion in CY25. With digital channels handling 88 percent of these transactions including 6.2 billion processed via mobile apps, this immense scale generates a continuous stream of operational evidence regarding customer behavior, identity, and cross-border payments.