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AI is transforming BFSI with enhanced efficiency, risk assessment, and financial inclusion. However, managing bias, security, and regulations is crucial. A balanced approach with automation and human oversight will shape AI's future.
Faced with these challenges, financial services organisations are turning to the transformative power of artificial intelligence (AI) and GenAI to help them adapt to market shifts, automate processes, deliver cost efficiencies, offer personalised services at scale, and restore their competitive edge.
Calculus Group partners with NGO HRDS India to establish AI-powered digital ecosystems in rural areas. The collaboration, valued at Rs 1,000 crore, aims to implement technology solutions for sectors like healthcare,
Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers' money intensifies.
We recently published a list of 12 AI News Investors Should Not Miss This Week. In this article, we are going to take a look at where Hive Digital Technologies Ltd (NASDAQ:HIVE) stands against other AI news Investors should not miss this week.
Commonwealth Bank of Australia (CBA) today announced an expanded strategic partnership and investment in artificial intelligence (AI) safety and
The government think tank will undertake roadshows worldwide to highlight growth opportunities in the city, chairman Benjamin Hung says.
In conclusion, Venkata Raja Ravi Kumar Gelle highlights that facial recognition adoption in banking marks a major shift toward smarter and safer financial services. With responsible implementation and continuous innovation, this technology can redefine customer interactions, setting new standards for security and service excellence.