Banks need AI for faster onboarding

KARACHI: Pakistani banks should follow the global trend of adopting artificial intelligence (AI) solutions to accelerate customer onboarding and strengthen Know Your Customer (KYC) compliance, with the aim of significantly expanding their customer base. AI?based systems enable banking institutions to attract new customers more efficiently, help prevent account misuse in both bank and wallet systems,…

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DPM Dar lands in New York ahead of UNSC debate

Dar to hold bilateral meetings with his counterparts, as well as UN officials, to discuss regional issues Deputy Prime Minister and Foreign Minister Ishaq Dar arrives in New York to attend a high-level United Nations Security Council (UNSC) open debate convened under China’s presidency of the council. PHOTO: MoFA Deputy Prime Minister and Foreign Minister…

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PM Shehbaz meets top Chinese firms to boost CPEC Phase II partnerships

He emphasised reducing post-harvest losses, invites firms to establish manufacturing, technology in Pakistan Prime Minister Shehbaz Sharif held a series of high-level meetings with leading Chinese enterprises. PHOTO: PMO Prime Minister Shehbaz Sharif on Tuesday held a series of high-level meetings with leading Chinese enterprises, reaffirming Pakistan’s commitment to deepening economic, industrial, and infrastructure cooperation…

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Aga Khan explores K-P investment avenues

Khyber-Pakhtunkhwa Chief Minister Sohail Afridi interacts with Prince Rahim Aga Khan on his arrival in Lower Chitral. PHOTO: EXPRESS PESHAWAR/ISLAMABAD: Prince Rahim Aga Khan has shown keen interest in exploring investment opportunities across various sectors in Khyber-Pakhtunkhwa (K-P) and reaffirmed his commitment to continued collaboration for the province’s sustainable development. The 50th Imam of the…

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Stocks rally sharply in Eid-shortened week

Index surges nearly 3,900 points over regional optimism, robust investor interest KARACHI: In yet another powerful recovery, Pakistan equities on Monday extended their bullish momentum as strong buying interest lifted the benchmark KSE-100 index sharply higher, which gained nearly 3,900 points amid improving regional situation and investor optimism during a trading week shortened by upcoming…

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WHO chief flags growing Ebola outbreak

WHO has declared the outbreak of rare Bundibugyo strain of Ebola a public health emergency of international concern GENEVA: The head of the World Health Organization said on Monday that the fast-moving Ebola outbreak in Democratic Republic of Congo and Uganda was outpacing response efforts, giving the latest number of suspected deaths as 220. Addressing…

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Xi hails ‘unbreakable’ Pakistan friendship

PM Shehbaz holds talks with Chinese leadership, Xi says Pakistan priority in neighbourhood diplomacy Chinese President Xi Jinping, Prime Minister Shehbaz Sharif, CDF Field Marshal Asim Munir and DPM Ishaq Dar pose for a group photo in Beijing. PHOTO: APP ISLAMABAD: Chinese President Xi Jinping on Monday described ties with Pakistan as “unbreakable” and declared…

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