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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 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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The Impact Of Card Issuance In Today’s Financial Landscape
Card issuers' ability to provide both virtual and physical cards significantly boosts customer engagement across various sectors, including retail and e-commerce. This dual modality amplifies brand loyalty and aligns with evolving consumer preferences for versatile payment options. For consumers, digital card issuance is more secure and eco-friendly compared to traditional systems. These advantages make modern card issuance a robust and sustainable service poised for substantial growth.
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Omniwire Introduces Cutting-Edge Biometric Authentication Features for Digital Banking
With the rise of bank fraud crimes, the fintech company offers a safer, user-friendly option with its groundbreaking patented biometric authentication technology for core banking providers. 
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Aug 3, 2023

The New Security Standard For Passwords

Traditional passwords have proven to be an increasingly problematic authentication strategy in the evolving face of cybersecurity. Biometrics, such as fingerprint recognition, facial recognition and iris scanning, are ushering in a new era of safe authentication.
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Aug 3, 2023

The New Security Standard For Passwords

Traditional passwords have proven to be an increasingly problematic authentication strategy in the evolving face of cybersecurity. Biometrics, such as fingerprint recognition, facial recognition and iris scanning, are ushering in a new era of safe authentication.
Read More
Aug 3, 2023

The New Security Standard For Passwords

Traditional passwords have proven to be an increasingly problematic authentication strategy in the evolving face of cybersecurity. Biometrics, such as fingerprint recognition, facial recognition and iris scanning, are ushering in a new era of safe authentication.
Read More