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.
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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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Digital Payments on the Rise: Omniwire Provides Lightning-Fast and Secure Solutions
These days, 53% of people choose digital wallets over traditional payment methods like cash or a debit card, according to a 2023 survey from Forbes Advisor. By using digital wallets, 67% of Americans reported sometimes or always losing track of how much they spend with this payment type. Almost half of consumers, 47%, admitted to spending more money employing digital wallets than a traditional payment method.
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Omniwire Secures Core Processor Certification from SHAZAM
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Omniwire Announces Official Launch of Its ‘Banking as a Service’ Platforms and Products
The next-generation fintech now offers core banking, issuer processing, and card issuing services.
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