iGTB Intellect

Tapan Agarwal at BAFT

Payments with Generative AI for Smarter, Safer, Faster Transactions

Unlock Payments insights with Tapan Agrawal and learn how banks can embrace generative AI now

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Highlights - Focusing on the transformative potential of Generative AI in the Payments

Methodology 1

Know more about the hyper-regulated and volatile environment banks operate in, the challenges from legacy systems, regulatory scrutiny, and fintech competition.

Implementation 1

ISO 20022 is a significant change agent in the payments landscape, suggesting a shift towards more structured and informative data exchanges

Methodology 1

The readiness for AI adoption in banking is underscored by the growth in real-time payments, the decline in cash transactions post-pandemic, and advancements in cloud computing and open APIs.

Implementation 1

From traditional AI applications to more creative and generative AI uses is illustrated, highlighting the dramatic increase in efficiency and potential economic impact by 2030.

Watch Tapan Agrawal decoding the topic in depth at the BAFT Europe Event in Jan 2024

Watch Tapan Agrawal decoding the topic in depth at the BAFT Europe Event in Jan 2024

Here's What our Speaker Says

Emerging Market Trends Indicate an Optimal Moment for Implementing AI in Payment Systems

As Payments has evolved In the Last 5 years

24 countries introduced real-time

Today, more than 70 countries support real-time payments

195 billion Instant payments in 2022 – 63% YOY Growth

Open Banking

195 billion Instant payments in 2022 – 63% YOY Growth

Enhanced Remittance Information in ISO20022

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Talk to our team of experts to learn how we can accelerate your banking transformation journey