AI is the transformer that takes data and generates insights at a rate and depth that wasn’t possible before, says Rajeeb Hazra, Corporate VP, Data Center Group, Intel Corporation.
BFSI sector in India has taken the plunge towards artificial intelligence (AI), chatbots, robotics and internet of things (IoT).
But customer experience and data security will always have the final word, according to technology leaders.
As its client workloads grew, so did IT performance and availability problems, making it clear that the ageing mix of servers and SAN was no longer up to the job.
Taking a leaf out of Mukesh Mehta’s book - IT leaders can easily adopt a high-end software driven approach, without sending the CFO into a panic attack.
By 2030, 80 percent of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively, says Gartner.
Banks as well as their customers stand to gain significantly from the latest version of TCS BaNCS for Payments with its SWIFT gpi support, according to the company.
The accelerators combine natural language processing (NLP), deep learning algorithms and data science to solve the complex business challenges.
With the proposed system, digital wallet providers and participants (merchants and users) will be able to settle transactions across all systems in a unified way.