RBI introduces video-based identification process for KYC PTI Jan 10, 2020 The RBI has amended the KYC norms allowing banks and other lending institutions regulated by it to use Video based Customer…
Xiaomi’s Mi Credit disbursed loans worth over Rs 125 crore in India IANS Jan 10, 2020 Chinese handset maker Xiaomi has announced that over Rs 125 crore worth loans were disbursed via its digital lending solution Mi…
Tata Mutual Fund launches AI and ML powered ‘Tata Quant Fund’ Abhishek Raval Jan 9, 2020 The AI based algorithms designed by the inhouse data scientists at Tata Mutual Fund has significantly beaten the markets sixty two…
Viability of RPA in Insurance industry Express Computer Jan 9, 2020 The product or outcome expected is always about adding value. The value in this case is about time of processing and obviously…
HDFC Bank launches ‘myApps’suite for institutional customers Mohit Rathod Jan 9, 2020 In a bid to enable urban local bodies (ULBs), housing societies, clubs and gymkhanas and religious institutions to digitise their…
State Bank of Mauritius signs MoU with PayNearby to build open banking network PTI Jan 7, 2020 SBM Bank (India) has signed an MoU with fintech startup PayNearby to build an open banking network towards delivering basic…
Bank of Baroda bags contract from MCGM for online payment services PTI Jan 3, 2020 With this, Mumbaikars will have an alternative digital payment services for making all payments and dues to the civic body
HDFC Securities’ customers transacting digitally has grown by 40% using analytics Abhishek Raval Jan 2, 2020 The benefits from analytics initiatives have been immense for HDFC Securities. Two years ago, the percentage of transactions on…
Cloud and universal data platform to power analytics at Edelweiss General Insurance Abhishek Raval Dec 24, 2019 Edelweiss General Insurance (EGI) has been in operations for a year and a half now. The company has built a ‘cloud native’…
Making big leaps in banking with big data Express Computer Dec 24, 2019 When it comes to big data adoption in India, public sector banks are yet to pick up pace. In stark contrast, private players were…