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Peymo Launches AI-Powered Digital Finance Platform
- Peymo, a UK-based FinTech, launched an AI-powered digital finance platform integrating fiat banking, cryptocurrency wallets, and embedded finance.
- The platform, referred to as an 'AI-powered multi-hybrid bank,' allows users to manage British pounds, euros, crypto assets, and branded debit cards.
- Enterprises can leverage APIs for full banking functions.
- Features include a voice-first interface for hands-free banking, AI agents monitoring user behavior, and AI tools for navigation.
- Peymo is expanding globally and involving partners, early adopters, and regulatory stakeholders.
- Investors are invited to join Peymo for a transformative journey in the financial landscape.
- Mobile banking apps are preferred by many customers, with millennials and Gen Z using them as primary financial tools.
- Salesforce research shows that customer demand for better service and personalized experiences drove 25% of bank switches.
- 39% of customers switched banks in pursuit of improved customer service.
- The trend towards digital-first banking does not exclude the importance of personalized experiences.
- PYMNTS offers daily newsletters on digital transformation and AI coverage.
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