Chennai: OneMoney Group, having in its group India’s first account aggregator licensed by the RBI, has announced a strategic partnership with Eureka AI, an enterprise software company whose products allow institutions to apply artificial intelligence to the large customer and open banking data sets to deliver intelligence at scale.
This collaboration will further boost OneMoney Group’s commitment to bridge the data divide and be a data gateway for real-time structured decision making, thus helping the Banking, Financial Services and Insurance (BFSI) industry with innovative analytics and technology solutions to enable smarter and faster lending decisions, a statement said.
According to A Krishna Prasad, founder and CEO of OneMoney, ‘We believe that financial institutions will focus their investment on analytics, fraud detection, digital customer acquisition, customer management strategies and build efficient lending processes.’