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AI IN FINANCIAL SERVICES
AI was everywhere at GFF 2026. Full automation was notGlobal Fintech Fest 2026 highlighted agentic AI's practical integration within the BFSI sector. Automation will handle basic tasks, but hum...
Automated chip design, physical AI lead startup activity across APAC: AWS execOn the sidelines of the StradVision media tour in Seoul, AWS's Tiffany Bloomquist said these trends were per the company's expectations for...
Motilal Oswal deploys Zoho platform across 10,000 users and 15 business verticalsMotilal Oswal Financial Services has deployed Zoho's unified enterprise platform across its operations. This initiative aims to unify custo...
Anthropic targets financial advisers with new Claude toolThe product, called Claude for Financial Advisors, is designed to help financial services firms prepare for client meetings, review portf...
India can be a sandbox for ethical, affordable AI, says WBG's ZhangWorld Bank managing director and chief administrative officer Wencai Zhang was on a visit to Chennai last week to commemorate 25 years of t...
The more AI banks deploy, the bigger the cyber battlefield getsIndian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financia...
India’s banks could turn legacy tech into an AI advantage: BCGIndian banks may transform legacy systems into an AI advantage. Institutions with fewer old systems can directly adopt AI-first operations....
GFF 2026: AI adoption is no longer a choice; responsible adoption is, says FM SitharamanFinance Minister Nirmala Sitharaman stressed responsible AI adoption over avoidance. Institutions must manage AI risks and avoid legacy sys...
AI adoption managers are hot picks as India Inc lines up with top payThe demand is growing as companies look beyond deploying AI and focus on getting employees to use it. This is creating a need for people wh...
OpenAI launches ChatGPT for financial services industryThe product, ChatGPT for Financial Services, was developed with Morgan Stanley and Evercore as design partners to help shape the offering...
GFF 2026: Mahindra Finance scales Sarvam voice AI partnership to 1 crore calls across 12 languagesMahindra Finance and Sarvam are deploying voice AI agents across India. These agents have completed over one crore calls in twelve Indian l...
GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...
BFSI moves beyond AI pilots as firms chase measurable business value: ReportIndian financial institutions are deploying artificial intelligence across many operational areas. These deployments show productivity gain...
GFF 2026: Axis Bank, J.P. Morgan see banking move from AI that knows customers to AI that actsBanks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking s...
Paytm bets on workplace AI agents in pivot beyond paymentsIn an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...
Paytm shares jump 5% as workplace AI push gains tractionPaytm shares surged on Wednesday, as investors welcomed the company’s push into enterprise AI, marking an expansion beyond its core payment...
GFF 2026: The next breakthrough in responsible financial AI can be built in Mumbai, says Maharashtra CM FadnavisSpeaking at the Global Fintech Fest 2026, Maharashtra Chef Minister Devendra Fadnavis said that Mumbai could become a testing ground for ne...
GFF 2026: BharatPe launches agentic AI assistant for merchants, connects to over 60 live systemsBharatPe has launched an agentic AI assistant for merchants, which can perform actions across many live systems. This new assistant underst...
GFF 2026: PM Modi asks fintech industry to turn agentic AI, tokenisation, quantum potential into real-world impactPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He urged the fintech industry to convert new possibilities...