AI in Banking Sector in India.

Lately Artificial Intelligence or AI has garnered a lot of attention amongst the general public. Every day you hear about a new development related to AI. Artificial Intelligence (AI) is the capability of machines to think on their own and implement tasks without human involvement. Technologies like machine learning, deep learning, image and speech recognition, etc. make this possible. AI is being used in many sectors like banking, ecommerce and healthcare to automate processes and save costs. Continue reading

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Fin e-KYC: Real Time Solution for Paperless KYC Process

Innovation is at an all-time rise, and industries are always adapting processes that will enhance the customer experience and make it a seamless experience for them. In this wave of innovation, the financial institutions and banks are also adapting to the technology of eKYC, a service by UIDAI to verify the credentials of an individual through digital means. Continue reading

Mobile Banking Solutions – To Get Rid of Unsavory Customer Experience

It is not enough to simply offer the services that everyone else if offering, it is highly important to also be innovative in the way you offer those services, because that is what will make you stand apart from everyone else. A lot of financial technologies are coming up now, which cater to various different operations and help the banks improve on their clientele. Continue reading

FinLEGAL: To Manage and Track Litigation Processes

NPAs also known as Non-performing assets can become a burden over-time if they are not kept a track of and proper actions aren’t taken at the correct time. And there is no financial institution or bank which doesn’t have any NPAs, that is something which isn’t possible, and so it is essential for these financial institutions to be equipped with legal recovery solutions so that they can take correct measures. Continue reading