Tag: Digital Banking
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Infosys Opens New TechFin Hub in GIFT City
Infosys has inaugurated a new state-of-the-art Development Center (DC) in Gujarat International Finance Tec-City (GIFT City), Gandhinagar. The global IT major announced that the...
Super.money Records 175M UPI Transactions
Flipkart-backed fintech platform super.money is aiming to position itself among India’s top five neo-banks as it scales operations in digital payments and broadens its...
Western Union Expands Tech Capabilities with HCLTech
Western Union has announced a strategic partnership with HCLTech, positioning the IT services giant as its largest preferred partner in its transition to an...
JFS Buys SBI’s ₹105 Cr Stake in JPBL
Jio Financial Services (JFS) is set to acquire State Bank of India’s (SBI) entire stake in Jio Payments Bank (JPBL) for ₹104.54 crore, making...
Digital Banking: Changing Consumer Preferences and Behaviors
In today's rapidly evolving financial landscape, digital banking has emerged as a transformative force, reshaping the way consumers manage their finances. With the rise...