From Deccan Chronicle
Center Owned by Deccan Chronicle HoldingsIndia's Payments Authority NPCI Forms Unit To Push into AI, Blockchain Tech
What's behind this
The National Payments Corporation of India (NPCI) has set up a wholly owned subsidiary, NPCI Tech Solutions Ltd (NTSL), to focus on advancements in artificial intelligence, blockchain and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and chief executive officer of the new unit.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
NPCI has established NPCI Tech Solutions Limited as a wholly owned subsidiary and appointed Vishal Kanvaty as its CEO. The new entity will focus on AI, blockchain and digital infrastructure. The post What NPCI’s new technology subsidiary is set up to do appeared first on MEDIANAMA .
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center · 2 outlets
The National Payments Corporation of India (NPCI) has set up a wholly owned subsidiary, NPCI Tech Solutions Ltd (NTSL), to…
— Inc42
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right · 1 outlet
The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary…
RSS excerpt
The move comes as India increasingly looks to advance its AI research and development, especially in its banking and financial services sector