AI Returns in Banking Threatened by Data and Skills Gaps
Banks are increasing their investment in artificial intelligence, but data quality, fragmented infrastructure and skills shortages are limiting the returns
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Industry News
UPI Handles Over 20 Billion Monthly Transactions
India’s Unified Payments Interface (UPI) has emerged as a major global digital-payments benchmark, supporting more than 20 billion transactions a
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AI Shopping Agents Raise New Fraud and Payment Risks
As artificial intelligence agents begin taking a more active role in online shopping and payments, banks and financial institutions are
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AI Adoption Set to Surge in Finance
Artificial intelligence adoption across India’s financial-services sector is expected to increase sharply, with the share of organisations actively using AI
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SARFAESI Recovery Faces Legal Scrutiny
Bank and NBFC loan recovery remains subject to significant legal and regulatory safeguards, with recent Supreme Court decisions reinforcing that
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Indian Economy Remain Resilient
India’s economy is likely to remain resilient rather than become more vulnerable, according to Chief Economic Adviser V. Anantha Nageswaran,
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FinTech AI Revenue to Rise
FinTech companies are investing heavily in artificial intelligence (AI), but meaningful revenue contributions from AI-led products are expected to emerge
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Google Removes Fake Bank Websites
Google has taken action against fraudulent Firebase accounts used to host fake banking websites and mobile applications designed to deceive
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Private Banks Cut Jobs as AI Grows
India’s top 10 private sector banks cut more than 10,000 jobs in FY26, highlighting the growing impact of artificial intelligence,
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PSBs Target Gen Z Customers
Public sector banks (PSBs) are being encouraged to adopt more youth-focused strategies to connect with Generation Z customers, including offering
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