RevRag AI raises $2.5 million in seed funding led by Accion Ventures to expand AI-powered banking assistants, strengthen enterprise deployments and enter the US market.
HSBC will establish a Global AI Centre of Excellence in Singapore, hiring over 100 AI specialists to develop scalable banking solutions for wealth, payments and treasury.
HDFC Bank is expanding AI adoption with its in house GenAI platform, Neev, to improve customer service, operations, lending and enterprise productivity.
Mizuho Financial Group plans to shift 5,000 administrative roles to AI driven systems as part of its digital transformation strategy.
