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Will AI lead to the end of traditional banking
Reports indicate an escalation in cyber espionage attacks, especially on mobile phones, which have increased by 65% in the Middle East. Early signs reveal that individuals and organizations are being exposed to threats that jeopardize their data. Financial institutions and the central bank have launched initiatives to enhance cybersecurity, such as launching an electronic portal for the African Financial Stability Committee and facilitating cross-border banking transactions. These efforts have yielded a cumulative return of up to 66.56% through savings certificates from Banque Misr.
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