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.
Read MoreNews
All News
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.
Read MoreOmniwire 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.
Read MoreOmniwire Receives a $2 Million Investment to Drive Its Innovative Fintech Solutions
Omniwire, a leading next-generation fintech company specializing in core banking, issuer processing and card issuing services, is pleased to announce it has received a $2 million investment that will support its mission to reshape the financial technology landscape with its innovative solutions.
Read MoreSubscribe
Stay in the loop!
Sign up here to receive the latest news about Omniwire products and services.
Email Address
Subscribe above to get updates delivered directly to your inbox. See our Privacy Policy