The traditional banking sector is being challenged by Neobanks, which are agile fintech firms leveraging cloud technologies to provide customer-focused financial solutions.
Generative AI is ushering in new transformations in banking, impacting how we save, spend, and generate money through advanced applications.
Challenger banks, or Neobanks, are changing banking norms with modern tech, offering innovative products and quick services that enhance customer experience.
Traditional banks face hurdles like strict regulations and outdated infrastructure, presenting opportunities for challenger banks to lead in digital innovation.
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