The wholesale banking sector is experiencing a significant transformation with the introduction of artificial intelligence (AI) technologies. Intellect Global’s eMACH.ai Cloud platform represents a notable advancement aimed at enhancing operational efficiency and supporting growth in a complex financial landscape. This innovative platform consolidates various banking functions into a single integrated system, making it easier for […]
RBI Highlights Risks of AI in Banking and Private Credit Markets
The increasing integration of artificial intelligence (AI) within the financial sector has raised alarm bells, particularly in India. Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), recently addressed these pressing concerns, indicating potential risks that AI poses to financial stability. As AI continues to reshape banking operations, understanding the associated risks becomes […]