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Internet-Only Banking Comes to Israel: Introducing First Digital Bank | The Jewish Press - JewishPress com | Hana Levi Julian | 6 Av 5781 – July 14, 2021

Internet-Only Banking Comes to Israel: Introducing First Digital Bank | The Jewish Press - JewishPress com | Hana Levi Julian | 6 Av 5781 – July 14, 2021
jewishpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jewishpress.com Daily Mail and Mail on Sunday newspapers.

New Israeli digital bank starts offering services to clients in pilot run

Amnon Shashua (Yonatan Hepner) The First Digital Bank is an independent bank that hopes to compete with the nation’s five largest banking groups, which today hold some 98% of the market. The branchless bank will operate by integrating human bankers who provide around-the-clock customer service through online chat and a call center with advanced artificial intelligence-based technology that aims to “create a customized service experience for each and every customer,” the statement said. The process of opening an account will be completely online, will not require the services of a human representative, and will come with an immediate credit limit approval process.

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