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Neobanks vs other banks: What are the benefits of these new-age lenders?

Neobanks use artificial intelligence and technology to offer personalised services. Since they operate in a digital-first mode, neobanks have a much smoother user interface to provide quick services to account holders

With the advent of the digital age, a lot of banking services have become available online. While consumers are thoroughly enjoying internet banking and other digital services, many of them are experiencing difficulties, with waiting times for transactions, security and customer service being some of the major issues. In this scenario, neobanks are fast becoming popular with people. These new-age banks work entirely online and provide fast, digital-first solutions for any kind of financial issue.

GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.

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