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However, as banks evolve their defences, fraudsters are getting more adept at bypassing them.
The post GenAI Can Boost Global Banking Revenues by up to $340 Billion appeared first on Analytics India Magazine.
The emerging technologies have played a huge role in bringing newer innovations in the banking industry. For instance, 4G internet and chatbots transformed the banking sector massively, paving the way for a smooth customer interaction. Also, at the same time development of online business had built the ground for non-banking online-payments solutions, where the…
The post FinTech Vs Banking: Decoding The Difference Between Banks & New Market Entrants appeared first on Analytics India Magazine.
ICICI Bank this week announced the launch of an instant digital credit facility to enable customers to buy small-ticket items immediately in a completely digital and paperless manner. Named PayLater by ICICI Bank, the facility has been designed on a selective basis method using self-developed algorithms with the help of data analytics. According to a…
The post ICICI Bank Introduces New Digital Credit Facility Based On AI And Data Analytics appeared first on Analytics India Magazine.