Zagreb, Croatia ~The digital transformation of the banking sector is inevitable, and traditional banks in Central and Eastern Europe must prepare for a wave of technological changes and adapt quickly to remain competitive. Not only are digital wallets and real-time payment options becoming mandatory, but artificial intelligence (AI), automation, Open Banking, blockchain technology, and cryptocurrencies…
In the rapidly evolving landscape of digital payments, innovation continues to transform how transactions are conducted and authenticated. One such groundbreaking development is the quick response (QR) soundbox which is designed to enhance payment experience for merchants and consumers alike. The soundbox is a compact, audio-enabled portable device integrated into a payment system that confirms…
By Shannon Williams, Journalist AI innovation is accelerating in the banking industry with a significant surge in new patents and papers published over the last six months. The AI benchmarking platform, Evident, has revealed this new data, highlighting five key players, JPMorgan Chase, Bank of America, Bank of Montreal, Citigroup, and Goldman Sachs, as front…