What is UPI Mandate? A “Mandate” in the payments world is an official document which a bank account holder uses to instruct/authorize his bank to debit his account and credit a specific account in any bank. The mandate document contains the account to be debited, the amount to be debited, the account to be credited, […]
Warm-Up Convenience and control are the constant endeavors of humans. They drove humans from our early nomadic lives through agriculture, industrial revolution till today’s digital age. Convenience and control over physical activities such as travel, heavy or hard labor were of predominant focus. While advancements in this area continue to occur, today convenience and control […]
The COVID-19 pandemic has forced a major transformation in the way businesses in every sector operate. And it is obvious that the digital banking industry would not stay immune to the same. Based on our experience, we can safely say that digital banking is poised to experience some sweeping changes – changes that would be […]
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Let’s explore the top use cases of Artificial Intelligence in the banking sector.
Going by the dynamic demands of the market, 2019 stands poised as a crucial year for the adoption of instant payments on a global scale.
The introduction of AI in banking has expanded the range of financial services available to investors. Here’s how AI is impacting banking & finance.
The recent presentation by Sundar Pichai about Google Duplex made the world stand up and take notice. It marked the arrival of robo-assistants that understood the nuances of human conversation. The interaction mimicked the intonation and rhythm of a conversation. The presentation saw Google Duplex successfully making a restaurant reservation without even the business owner […]
For the uninitiated, AI platforms are gaining more visibility and traction in investment management and financial advisories. Machine learning technique through neural networks are increasingly used to create intelligent platforms. These networks made of millions of artificial neurons can continually learn about relationships and actions that are required to complete tasks. Continually learning weakens unwanted […]
Evolvus Solutions has successfully delivered customer data masking solution for a Global Banking Major. This solution consists of a dynamic framework that completely masks all the customer information in the core banking system. It ensures fool proof data anonymity to comply with the emerging compliance and regulatory requirements. Data masking acquires new importance with the […]