{"id":10161,"date":"2024-07-30T13:44:14","date_gmt":"2024-07-30T13:44:14","guid":{"rendered":"https:\/\/thegulfpress.com\/gcc-bankings-new-techno-frontier-global-finance-magazine\/"},"modified":"2024-07-30T13:44:14","modified_gmt":"2024-07-30T13:44:14","slug":"gcc-bankings-new-techno-frontier-global-finance-magazine","status":"publish","type":"post","link":"https:\/\/thegulfpress.com\/en\/gcc-bankings-new-techno-frontier-global-finance-magazine\/","title":{"rendered":"GCC Banking\u2019s New Techno-Frontier | Global Finance Magazine"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<h2 class=\"wp-block-heading\" id=\"h-generative-ai-could-help-the-gulf-s-traditional-banks-wrest-the-competitive-advantage-back-from-challenger-and-neobanks\">Generative AI could help the Gulf\u2019s traditional banks wrest the competitive advantage back from challenger and neobanks.<\/h2>\n<p>While artificial intelligence was already promising profound changes in the traditional banking business model, the latest innovation in the technology\u2014generative AI\u2014portends a multisensory revolution in banking services. Indeed, GenAI, with its ability to collect and interpret financial data on a vast scale, could force some of the Arabian Gulf region\u2019s biggest banks to rethink their already costly digital banking strategies.<\/p>\n<p>GenAI\u2019s insatiable appetite for data offers banks in the Gulf Cooperation&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/gfmag.com\/features\/gcc-banking-artificial-intelligence-boom\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Generative AI could help the Gulf\u2019s traditional banks wrest the competitive advantage back from challenger and neobanks. While artificial intelligence was already promising profound changes in the traditional banking business&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,1832],"tags":[],"class_list":["post-10161","post","type-post","status-publish","format-standard","hentry","category-finance-en","category-finance-ar"],"_links":{"self":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/10161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/comments?post=10161"}],"version-history":[{"count":0,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/10161\/revisions"}],"wp:attachment":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media?parent=10161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/categories?post=10161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/tags?post=10161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}