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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.

EY India has developed a 'Customised Fine-Tuned LLM' tailored specifically for Banking, Financial Services, and Insurance (BFSI) sector, promising to revolutionize customer service and operational efficiency. (Photo: X)

The use of the artificial intelligence model DeepSeek among mainland China insurance companies has the potential to help small to medium-sized carriers improve operational efficiencies. Overall, according to its new commentary,

Endiya actively assists portfolio companies with product rollouts, customer acquisition hiring, and preparing for future fundraising rounds

InterContinental Beverage Capital held its Annual Partners Meeting reflecting on 2024's industry trends and outlining its 2025 strategy. Key insights included the rise of functional beverages, AI's impact,

CCC Intelligent Solutions had another record year in 2024, and this year will continue its focus on growing artificial intelligence-powered products for the insurance and collision repair

The system was earlier inaugurated on February 6, by chief minister Devendra Fadnavis and deputy chief minister Ajit Pawar and was introduced on Thursday

The revamped Central KYC aims to simplify and standardise KYC procedures across the financial sector, ensuring greater security and efficiency