Global Scans · Financial Services · Weekly Summary

• 95% of WhatsApp users receive unwanted commercial messages regularly, with Indian users reporting the most common topics being financial services, real estate, job opportunities, and healthcare services. Dazeinfo
• Africa can benefit from the deployment of blockchain technology to facilitate cross-border transactions, which will help lower the high cost of remittance payments, enable access to financial services, secure privacy, create jobs, improve the business environment, and stimulate healthy competition. The Business & Financial Times - financial news and information to the business community in the country and internationally
• In the financial services sector, analysts such as Gartner predict that 40% of financial services jobs will be automated within the next five years. IFA
• AI-driven jobs disruption or dislocation could make half of the workforce and financial services redundant in the next five to seven years. Imperial College Business School
• Digital financial services provider for immigrants and their families Remitly plans to increase operations in Cork, creating approximately 120 jobs over the next six months. TechCentral.ie
• NEP V will provide growth capital to companies operating across the consumer, financial services, and digital economy sectors in Southeast Asia with a focus on Indonesia, contributing to overall job growth and economic development. Asian Development Bank
• London could ultimately lose 10,000 banking jobs and 20,000 roles in the financial services industry. businesslive
• Financial services jobs continue to rise, but skills shortages plague employers' ability to find talent Recruitment within the financial services sector in England and Wales reached record highs in 2021, with nearly 80,000 vacancies posted and continued growth expected for the remainder of the year. IBS Intelligence
• The most important challenges facing women in Yemen are access to quality education, financial services and equal access to jobs and business opportunities. undpyemen.exposure.co
• The job openings for Full Stack Developer will be very high in digital marketing companies, financial service companies and software companies. The Tech Learn
• In 2021, most respondents continue to predict that the sectors that will create the most job opportunities in the GBA will be innovation and technology, financial services, and professional and consulting services. KPMG
• Whilst regional fintech clusters might be an attractive aspiration for politicians seeking to democratise access to financial services jobs, in reality, given that London is a global financial centre its gravitational pull eclipses all other cities in the UK. The Fintech Times
• 40% of jobs in financial services, telecommunications, retail, hospitality and tourism will be replaced by AI over the next five years. Qantas Airways
• The roots of the tech talent gap are clear: Technology roles such as data analysts and artificial intelligence and machine learning specialists are expected to account for one in three financial services jobs globally by 2022. Digitally Cognizant
• In Singapore, technology continues to lead hiring demand in the financial services industry with about 1,700 job opportunities in 2021. Fintech Singapore
• 40% of jobs in the financial services industry over the next five years will be automated and carried out by robots or machines. Asset Servicing Times
• The low carbon economy represents the jobs and trade opportunity of the decade, with growth potential in sectors as diverse as manufacturing, engineering, installation and financial services. The Telegraph
• Financial services companies that deploy AI wisely will realize a net gain in jobs of 14%, and see revenues increase by 34%, by 2022. Bank Innovation
• Demonstrating a familiarity with Bloomberg via the Bloomberg certificate will be a big advantage if you apply for a job in the financial sector. City, University of London
• Much of Fox's focus is on financial services and there is a huge danger that a trade agreement with the US could be used to enable financial deregulation. The Independent
• Blockchain could generate $80 to $110 billion of value in the financial services industry alone. 2017 Rathbone Brothers
• Increasing the diffusion of financial services and extending more credit to small job-creating businesses could help the Egyptian economy in a big way. IMF

Last updated: 14 April 2024