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Digital Banking In Nigeria: What You Need To Know

The banking business is witnessing enormous digital disruption, with internet deposits, smartphone apps, and e-bill payments becoming the standard. Consumer demand for digital banking services has resulted in various technological improvements within financial institutions, with artificial intelligence (AI) at the heart of these digital revolutions.

What Is Digital Banking?

Digital banking is the digitisation of all levels of banking, from the front to the back end. This means that digital banks rely on artificial intelligence to automate back-end activities such as administrative tasks and data processing, relieving strain on people to execute day-to-day tasks.






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