This investment highlights Bank Alfalah's dedication to driving digital transformation and promoting financial inclusion across key markets, reinforcing its position as a leading digital bank.
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.
Italy's UniCredit is to return previously outsourced back-office activities for securities services inhouse, creating more than 140 new jobs in Germany
A common thread has emerged from COP16: private finance mobilisation will define the scale at which progress grows in the coming years, but it cannot do it alone.
Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.