Alok Kumar Agarwal Alankit Explores the Transformative Influence of AI
In the fast-changing world of financial technology (fintech), India is leading the charge in innovation. The country is embracing advanced technologies to transform its financial sector. Over the past twenty years, India's banking, financial services, and insurance (BFSI) sector have grown remarkably. This growth has shifted India from being mainly reliant on cash to embracing widespread digital transactions,” says Alok Kumar Agarwal Alankit, an esteemed industry expert and former Managing Director of Alankit.
At the forefront of this change is the adoption of artificial intelligence (AI) and machine learning (ML), which are driving improvements in efficiency, security, and accessibility. Alok Kumar Agarwal Alankit shares insights into how AI and ML are revolutionizing India's financial landscape, saying, “AI and ML are leading a significant revolution!” He further explains, “They're enhancing fraud detection, creating personalized customer experiences, and simplifying repetitive tasks.