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 More
Top Stories
.jpg)
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
All News
.webp)
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
How The Neobank Model Should Evolve
Neobanks as a concept, even if they weren’t known by that name at the time, first arose in the early 2010s, following the global financial crisis of 2008, when consumers’ faith in traditional financial institutions dwindled. Neobanks have grown significantly over the past 10 years, and now there are roughly 400 operating worldwide.
Read More
How Blockchain Brought Solid Level Security To Fortune 500 Companies
Read MoreStories
.webp)
.png)
.png)
Subscribe
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
