Every second conversation I have with NRIs in Dubai right now turns to FCNR-B. Everyone has heard a number. Almost nobody has heard the mechanics. So let me give you the clarity the WhatsApp forwards will not. What it actually is FCNR-B is a fixed deposit held in India in foreign currency, typically US dollars. […]
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Backbase has announced the acquisition of Kasisto, a pioneer in agentic AI for banking and financial services. Kasisto’s agentic platform, financial services intelligence, and New York-based team are now part of Backbase and the AI-native Banking OS. Most banks have deployed agentic AI in isolated pockets — agents that answer questions without resolving work, leaving […]
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Amazon shoppers who bought a budget power bank in 2024 may want to check their device, as one portable charger now comes with an urgent warning.
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The banking industry cannot continue tinkering with AI, it needs to embrace expertly designed systems that can address real world problems, says Patrick Sullivan, CEO of Parliament Street think tank The post GCC banks eye $100bn upside from agentic AI appeared first on Gulf Business.
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