Fintech Hiring Trends, UK Job Market Analysis, and EU's New AI Act
The Fintech Weekly Brief
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Fintech Hiring Trends, UK Job Market Analysis, and EU's New AI Act

E12 • Feb 2, 2025 • 12 mins

This episode examines the shifting landscape of fintech hiring trends, propelled by capital funding and AI advancements, contrasted with the decline in traditional banking roles. The discussion extends to regulatory reforms and the evolving accountancy sector, highlighting these changes' impact on employment. Victoria Walmsley provides insights into the UK job market, while the reduction of incentives in India's fintech ecosystem is analyzed for its broader effects. Halan Microfinance Bank's strategic expansion into Pakistan is also covered. Additionally, the implications of the European Union's new Artificial Intelligence Act are explored. The episode concludes with a call to stay updated on these significant developments.

Key Points

  • The financial technology sector in the United Kingdom is experiencing a hiring boom, driven largely by increased capital funding and the widespread adoption of artificial intelligence.
  • India's government has announced a significant reduction in incentives for RuPay debit cards and low-value BHIM-UPI transactions, which could impact the digital payments landscape.
  • Halan Microfinance Bank is expanding into Pakistan, aiming to reshape the financial landscape by leveraging digital banking, microfinance, and mobile payments.
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