Artificial Intelligence In Digital Payment

Mr. Sunil Khosla, Head Digital Business, India Transact Services LimitedDigital payment is the fastest moving and most dynamic sector of financial services. The thriving growth of digital payments is matched by the pace of technological advancements in the sector which is faster than ever. Affordable internet, smart phone penetration, payment apps, booming e-commerce, and hassle-free online payments have all collectively contributed to the exponential rise of digital payments. We are living in a transformational era of human history where Artificial Intelligence (AI) forms a central part of this transformation. AI has a key role in digital transformation, especially in financial services sector.