The US Federal Reserve has come out with an instant payment facility it has developed for use by the financial services institutions for the benefit […]
Tag: AI
Kookmin Bank has a human-based AI avatar
The bank uses AI extensively and has created a virtual human to interact with its customers: Part of KB Financial Group, KB Kookmin Bank, is […]
Google’s Strategic Entry into Retail Lending: Revolutionizing Financial Services in India
In a significant move, Google has ventured into the retail lending space in India through its popular payments application, Google Pay. This announcement, made […]
HYPR Introduces Groundbreaking Identity Assurance Solution
In an age where digital security is paramount, HYPR is setting a new standard with the unveiling of its comprehensive Identity Assurance solution. Designed to […]
The Future of Commerce is Generative: Visa’s $100M Fund for GenAI Innovation
In a groundbreaking move, Visa, the global leader in payment solutions, has announced a dedicated venture fund of $100 million to back startups in the […]
Fintech and Neobank under the same Umbrella
Bank Leumi is Israel’s oldest bank, having founded in 1902 as a subsidiary of the Jewish Colonial Trust. Its primary aim was to promote industry, […]
Mexican Bank Banorte’s mission is hyper-personalization
Banorte is using digital technology mainly to achieve hyper-personalization of its services to the customers: Mexican Bank Banorte is one of the 4 largest commercial […]
Microsoft’s Vision for Responsible AI Governance in India
Tech giant Microsoft, a key investor in OpenAI, has unveiled a comprehensive blueprint aimed at governing artificial intelligence (AI) deployment in India. Entitled “Governing AI: […]
Revamping UPI: A New Dawn in India’s Digital Payments
India’s premier digital payment system, UPI, is set to undergo a significant transformation. Topping the list of novel introductions is “Conversational Payments,” an innovative method […]
Redefining Finance: MAS’s S$150 million Commitment to Tech Innovation
The Monetary Authority of Singapore (MAS) declared today its plan to allocate up to S$150 million over a three-year period for its newly launched Financial […]