BFSI

Cryptocurrency + iGaming: The Future or a Fad?

With each passing year, the cryptocurrency industry builds on the success of the previous year and continues to strengthen its position as a serious alternative to traditional fiat currencies and financial institutions. In the two and a half years since

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Five Ways AI and ML Technology Can Revolutionise the Banking Experience For Better

The cutting-edge technologies of the new age are changing the landscape of many industries. Specifically, artificial intelligence and machine learning are bringing about a lot of changes in the environment surrounding us. Both the technologies are transforming the banking sector

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Reserve Bank of India to Leverage Data Analytics for Identification of Fraud Cases

The central bank of India, RBI has decided to encourage the use of data analytics to recognize fraud cases and manage the instant response and recovery actions to it. The move is a part of RBI’s vision 2019-21 for payments

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Big Data in Banking, all that You Should Know

Banking and the Financial Services Industry is a domain where the volume of data generated and handled is enormous. Each and every activity of this industry generates a digital footprint backed by data. As the number of electronic records grows,

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Big Data Analytics to Be Used for Tracking Expenditure Patterns by Income Tax Department

Income Tax department in India is going to use Big Data Analytics tools from April 1, 2019, to keep on the tax evasion. The programme is named Project Insight which is worth Rs 1,000 crore. The tool would trace social

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The Role of AI and IoT in Future of Insurance Industry

IoT is often viewed as the new enormous modern upset after the Internet. Notwithstanding connecting machines with machines and with individuals, it is likewise promoting an upgraded feeling of attention to our environment. From washing machines to coffee makers, everything

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Yes Bank Datathon Brings 20 Data-Driven Products at India’s First Brand-Led Datathon

India’s first Bank-led Datathon powered by Yes Bank aims to augment the bank’s embedded data analytics & ML units to drive rapid prototyping of AI/ML-based products, optimize digital product suite, and enhance product/service design and delivery, in an accelerated 100-day

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Finance and Banking Industry: A Long-Awaited Transformation

Finance and banking are one of the oldest industries in the world and are well-known for their legacy methods and “classic” approach towards business operations. But, as the world becomes digitized, more and more industries ramp up their processes in

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Leveraging Robotic Process Automation to Redefine the Banking Industry

Robotic Process Automation (RPA) and Automation have been around for a number of years, and the financial services industry including the banking domain is one of the prominent businesses to rise on the wave of RPA. The financial services industry

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How Analytics Insures the Insurance Industry?

Insurance is something that we all need but often are reluctant to sign the dotted line. Insurance industry is one of the least sticky industries, where customers stay with the product for a predetermined amount of time ranging from 3-10

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