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India Eyes AI to Leapfrog Financial Sector After Digital Payments Boom

India is preparing for the next big leap in finance, driven by AI, following its digital payments boom. AI will aid in tasks like borrower assessment and fraud detection. The Global Fintech Fest in Mumbai will discuss risks such as algorithmic bias, fraud, cybersecurity, and data privacy, and will assess the impact of agentic AI, tokenization, and quantum technology.

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