BS BFSI: Compliance doesn't impede progress, say financial services heads

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He pointed out that unlike in the past, trust today is closely linked to technology’s ability to provide smooth, reliable transactions.” AI is increasingly used by Angel One to automate processes and enhance customer service,” said Subramanian.

Saurabh Tiwari, CTO of Policybazaar, believes adherence to regulations by businesses ultimately benefits customers.“In instances where adjustments are necessary in regulations, companies have opportunities to share constructive feedback with regulators.

Echoing Krishnan, Srikanth Subramanian of Angel One Wealth said technology is now integral to trust-building in wealth management.

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Category: BusinessFinance

Markets: India

Topics: India BFSI sector Fintech India Tech roadmap finance Compliance in finance India Digital transformation finance Role of CTOs in finance Customer experience finance Finance tech trends Indian financial services innovation Technology in financial services Regulatory compliance finance AI in finance Financial services India Future of finance India Finance industry insights** Business Standard BFSI Summit

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 19:19:57 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23461573

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