Google Cloud Platform (GCP) delivers an extensive range of cloud computing services, utilizing the same infrastructure that powers Google Search and YouTube. It offers essential tools for businesses and developers to create and expand applications without having to manage their physical hardware. These services encompass virtual machines, scalable storage solutions, and sophisticated AI functionalities. Organizations …
In the banking industry, CBS refers to Core Banking Solution. It is a central software framework that oversees all fundamental operations of a bank, regardless of branch location or online platform. In effect, CBS serves as the backbone of contemporary banking, enabling customers to access their accounts and conduct transactions from any location. This unified …
In the banking sector, the acronym “CDR” can denote several concepts based on the context. The most prevalent interpretation is Corporate Debt Restructuring, which involves banks assisting distressed companies in reorganizing their debt to facilitate recovery. Another important definition is the Credit-Deposit Ratio, a metric that assesses a bank’s lending performance by comparing the amount …
Artificial intelligence has become a crucial part of everyday existence. It streamlines tasks, boosts efficiency, and enhances convenience. Instances include virtual assistants organizing calendars, navigation services adjusting routes based on current traffic conditions, and media platforms customizing offerings for users. In finance, AI contributes to fraud detection and provides investment advice. In the medical field, …
Advantages of Artificial Intelligence in Daily Life Read More »
Cloud architecture refers to the way all elements of cloud computing connect and interact. It serves as the design plan for developing and managing a cloud ecosystem. This encompasses strategizing the integration of hardware, software, networking, and data storage. An effective cloud architecture seeks to: Maximize resource utilization. Ensure continuous operation (high availability). Facilitate rapid …
This article was originally published in CXO Today – Source Link
NuSummit’s Chief Revenue Officer Ankush Srivastava talks about the critical need to embed ethics into every stage of AI adoption in financial services. He emphasizes balancing innovation with responsibility to build trust, ensure fairness, and drive sustainable growth.
This article was originally published in BW People – Source Link
NuSummit’s CHRO Vidya Thakur dives deeper into the evolving role of HR in the age of AI in her latest blog. Discover how empathy, ethics, and adaptability are shaping the next generation of HR leadership, and why the future of work must be boldly human.
Agentic AI refers to autonomous software agents capable of making decisions, learning from data, and acting on behalf of users or businesses. In BFSI, agentic AI could be used for real-time fraud monitoring, automating regulatory reporting, or proactively optimizing portfolios. These smart agents operate around the clock, adapting to new data and emerging risks. By …
Experience transformation means reimagining the way customers and employees interact with your business through digital technology. In BFSI, this might mean introducing AI-powered virtual assistants for instant support, redesigning portals for smoother onboarding, or creating hyper-personalized journeys for clients. The goal is to make every touchpoint—digital or human—more intuitive, engaging, and valuable. Experience transformation helps …
A digital foundation is the modern IT backbone that supports all your digital initiatives—combining reliable infrastructure, cloud, connectivity, and security. Digital foundation as a concept is a part of digital engineering as a whole. For BFSI, building a digital foundation means you can meet regulatory demands, launch digital services faster, and ensure seamless customer experiences. …
