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4 mins read
ATMs Are Passé. Now It’s Time To Use ‘Any Time Mobile’
75% of India’s ATM infrastructure caters to only 45% of banking customers based in Tier-I and Tier-…
1 min read
2 mins read
Automation and artificial intelligence could save banks more than $70 billion by 2025
"Automation and augmentation can liberate hours that can then be refocused on human strengths and h…
Carmen Reinicke
2 mins read
Automation has started eating up jobs at top banks. Here’s what has been replaced so far
Thanks to ever enhancing information technology, you will see more robots and tech in banking s…
5 mins read
Tech was supposed to take everyone's job. We're still working. What happened?
The fear that new tech will replace workers has been common throughout history. And yet here we all…
Matt Turner
2 mins read
About 21 million jobs held by women and 9 million jobs held by men could be replaced by AI: ILO
A new study by the ILO published on Monday finds admin workers and women face a greater risk of the…
Kai Xiang Teo
3 mins read
26 million jobs to be wiped out globally by 2027 – Clerical and administrative roles to see the biggest decline, says WEF’s Future of Work Report
A World Economic Forum survey respondents expect to see a 25-35% decrease in demand for cashiers an…
9 mins read
ChatGPT spells the end of coding as we know it
AI has come for software developers, and the job will never be the same again.
Aki Ito
4 mins read
Even if ChatGPT doesn't take your job, it could help another human replace you, says the economist who famously concluded AI could eliminate nearly half of US jobs
Oxford economist Carl Benedikt Frey once concluded 47% of US jobs could be replaced by AI. We asked…
Jacob Zinkula
10 mins read
AI is going to eliminate way more jobs than anyone realizes
AI is a tsunami about to upend the global economy, throwing 300 million jobs into mayhem and forcin…
Emil Skandul
4 mins read
Teachers in demand for a ‘new world’ as tech is all set to eat away jobs
The world will add 69 million jobs, but take away 83 million over the next five years, resulting in…
2 mins read
HDFC Bank and Axis Bank remind customers that ATM withdrawals will cost ₹21 plus taxes from Jan 1 — check out the list of charges from top banks
Cash withdrawals from automated teller machines (ATM) will cost you more in the new year. Cash with…
2 mins read
Today is the last day to subscribe to CMS Info Systems — GMP at ₹30
Mumbai-based cash management company CMS Info Systems’ initial public offering (IPO) has been subsc…
1 min read
HDFC Bank deploys mobile ATM in city
The locations for deployment are being identified inconsultation with all local municipal authoriti…
PTI
1 min read
RBI pumps Rs 1.2 lakh crore fresh currency into system
"Regional offices of the RBI have supplied fresh currency of Rs 1.2 lakh crore from March 1 till Ap…
PTI
1 min read
HDFC Bank nets 2.5 lakh new customers through instant account opening in lockdown
"All the 2.5 lakh accounts which have been opened are new bank customers," a source said, adding t…
PTI
1 min read
SBI to introduce OTP-based ATM transactions from January
New Delhi, Dec 27 () From January, SBI customers will be able to make ATM withdrawal above Rs 10,00…
PTI
1 min read
RBI asks issuers to provide facility to switch on, off cards to prevent frauds
Mumbai, Jan 15 () The RBI on Wednesday asked banks and other card-issuing companies to provide faci…
PTI
1 min read
OBC requests FinMin to give new name for merged entity: CEO
He said OBC has 2,400 branches, 2,600 automated teller machines and 22,000 employees and added tha…
PTI
4 mins read
Wall Street's massive tech spend has reached an 'inflection point' as billions in investment are starting to pay off
"Close to 50% of our clients are completely paperless, meaning, no paper, no statements, no checks,…