Vijaya Bank (now Bank of Baroda) and Clari5 have won the Most Innovative use of AI & Machine Learning award at the 1st IBS Intelligence Global FinTech Innovation Awards which had 26 winners and 22 runners-up from 15 countries. The competition was fierce with about 150 participants. Nominations were assessed on the basis of program complexity, program governance, best practices & tools adopted, originality & simplicity, adaptability of concept, innovation excellence and customer impact before deciding the winners.
Clari5 has been featured once again in the Fintech Global RegTech 100 – a list of 100 of the world’s most innovative RegTech companies that financial institutions need to know about as they develop their regtech strategies. The selection criteria included key factors such as impact on the problem being solved; growth in terms of
Vijaya Bank (now Bank of Baroda) and Clari5 Win IBS Intelligence Global FinTech Innovation Award 2019 for Most Innovative Use of AI & Machine Learning
Vijaya Bank (now Bank of Baroda) and Clari5 have won the award for Most Innovative Use of AI & Machine Learning at the 1st IBS Intelligence Global FinTech Innovation Awards. For over 28 years IBS Intelligence has been a leader in global banking technology research and this year they decided for the first time to
Open banking (under the European Union’s Revised Payment Services Directive or PSD2), means third parties can link up to customers’ accounts, provided the customer consents. With data-sharing as the central feature, open banking is designed to encourage higher product and service innovation, make it easier for non-banks to participate and streamline user experience.