THE WANING PRESENCE OF BANK BRANCHES

The traditional brick-and-mortar bank branch is experiencing a growing decline in its presence. Driven by the rise of online and mobile banking, users are increasingly turning to electronic channels for their financial needs. This shift has led to a reduction in branch openings, and many institutions are merging existing branches to optimize costs.

The insurance industry is undergoing as technology revolutionizes the way we assess risk. Artificial intelligence will significantly influence how insurers evaluate policies, prevent fraud, and engage with customers. Insurtech startups exploring these advancements to create customized insurance services that meet the evolving needs of a connected w