Global Scans · Financial Services · Weekly Summary

• There's more cutting-edge concerns in the new threats to the financial services industry and the global impact of exponential tech development on jobs - particularly AI and its potential to erode white-collar roles that are the bread and butter of Cayman's middle class. Cayman Compass
• Improving access to financial services could add $3.7 trillion to the GDP of emerging economies by 2025 and create up to 95 million new jobs with lowest-income countries adding as much as 10-12 per cent to their GDP. Department of Economic and Social Affairs
• Upwork, Fiverr, and several other platforms afford the skilled person an opportunity to be connected to clients from the rest of the world, and local tech startups are creating their own jobs with app development, blockchain technology, and online financial services. Asaase Radio
• By 2030, AI is expected to change the character of existing financial services jobs and add 8-9% more new jobs worldwide. The Virtual Assist
• From renewable energy to technology and financial services, Chinese investments have the potential to drive innovation, create jobs, and enhance the UK's global competitiveness. Focus - China Britain Business Council
• 9% of incumbent financial services jobs may be lost as a result of AI by 2030. Forbes

Last updated: 12 October 2025