AI-Powered Security for Retail Banks
In today's digital economy, consumers are increasingly seeking a seamless and convenient experience in all areas of their lives - and banking is no exception. For banks, this means updating their systems and customer interfaces to facilitate the ongoing migration to online banking.
While traditional banking institutions have historically been slow to adopt digital transformation initiatives, competition from Fintech companies and neo-banks, as well as pressure from consumers have turned this on its head. If banks are to keep up with more agile counterparts, modernization is no longer an option but a necessity.