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FINANCIAL SERVICES AI DEPLOYMENT
Falcon launches MerlinFX AI agents to automate banking transactions in real-timeFalcon has launched MerlinFX, embedding AI agents directly into banking transaction systems. These agents automate tasks like reconciliatio...- 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: India’s AI advantage could be cost, not just capability, says Sarvam AI CEOIndia's AI advantage centers on deploying technology affordably for its vast population. The nation aims to lead in AI adoption and develop...
- Ooredoo-backed Zankore secures $3.1 billion financing for Nvidia AI cloud platformZankore has successfully obtained a notable loan facility intended for infrastructure development. This funding will facilitate the purchas...
- 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...
- OpenAI offers AI for chip design, touts cost advantage over open-source, CFO saysSpeaking at Goldman Sachs' Communacopia + Technology Conference in San Francisco, Friar said OpenAI is focusing on sectors including chip d...
- 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...
- Bajaj Finance acquires 5% stake in TrueFan AI as part of Finserv IntelligenceBajaj Finance has completed a five percent equity investment in TrueFan AI, a move that aligns with Bajaj Finserv's commitment to fostering...
- Only 22% Indian firms have AI governance despite 119% investment surge: ReportEnterprise AI investment in India has surged significantly over the past year. However, a concerning gap exists between capital deployment ...
- India’s AI spend set to cross 21% of IT budgets by 2027: ServiceNowIndian AI investment surged significantly, outpacing global growth rates. However, widespread AI readiness and risk assessment processes re...
- A new army of forward deployed engineers are rewriting the playbook at Indian IT services companiesEveryone wants FDEs, but where are these specialised engineers? IT firms turn to reskilling & adjacent talent pools as FDE demand outpaces ...
- Voice AI startup Navana raises Rs 40 crore from Ronnie Screwvala, othersNavana successfully raised forty crore rupees in its recent funding round, aimed at broadening its presence in the banking and financial se...
- Blue Machines AI unveils speech-to-text model built for India's BFSI sectorBlue Machines AI has launched Aurora, a new speech-to-text model for Indian financial services. This model is designed for real-time multil...
- Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's whyIndian IT stocks dropped on Monday as stronger-than-expected US jobs data revived concerns over a September Federal Reserve rate hike. The ...
- Indian banks move AI into production, but scaling remains a challenge: ZetaIndian banks are now deploying artificial intelligence in production across various functions. Scaling these AI deployments faces significa...
- Coforge launches AI Launchpad to help enterprises build and run AI stacks in-houseCoforge has launched a new enterprise AI offering called AI Launchpad. This platform allows organizations to build and operate their own AI...
- Indian IT companies may see growth recovery from FY27 as AI spending shifts to enterprise adoptionIndian IT firms anticipate robust growth starting FY27. Global technology spending will shift towards AI deployment and integration. This t...
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