How Artificial Intelligence Is Reshaping Banking
Artificial intelligence is transforming the banking industry, with far-reaching implications for traditional banks and neobanks alike. This transition from classic, data-driven AI to advanced, generative AI provides increased efficiency and client engagement never seen before in the banking sector. According to McKinsey’s 2023 banking report, generative AI could enhance productivity in the banking sector by up to 5% and reduce global expenditures by up to $300 billion. But that’s not even half of the picture.
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Omniwire Launches New Credit Builder Debit Card
The innovative card provides financial institutions with a safe and accessible option for consumers to build or improve their credit history.
Read MoreNews
Jun 14, 2024
How The Neobank Model Should Evolve Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various
Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various sectors, including retail
Read MoreJun 14, 2024
How The Neobank Model Should Evolve Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various
Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various sectors, including retail
Read MoreJun 14, 2024
How The Neobank Model Should Evolve Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various
Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various sectors, including retail
Read More
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Omniwire Launches New Credit Builder Debit Card
The innovative card provides financial institutions with a safe and accessible option for consumers to build or improve their credit history.
Read More
Omniwire & Ireth Software License Agreement: Expanding Into a Growing Global Market
The payment card market is rapidly expanding, with 1.4 billion cards expected annually by 2029. Omniwire has partnered with Ireth to bring its core banking technology to Europe, enhancing secure transactions. This collaboration helps both companies strengthen market presence and improve customer engagement through efficient, flexible card issuance solutions.
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The Rise Of Contactless Payments: How It's Disrupting The Way We Pay
As cards displaced cash, contactless payments are displacing card payments—though they have yet to achieve complete worldwide ubiquity.Many markets have hit a 90+% adoption rate, with the UK (93.4%), Australia (95%) and Singapore (97%) leading the charge.Over 87% of U.S. consumers now use contactless payments, and this market is projected to grow at a 19.1% CAGR until 2030.
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