India, May 1 -- The impact of artificial intelligence (AI) on organisations, sectors and industries the world over has been nothing short of transformative. A case in point is the banking and financial space, which is currently undergoing a major rejig, mostly positive, due to the advent of GenAI.

Notably, there is hardly any area of banking operations, from underwriting and customer service to wealth, risk and compliance management, which is left outside of the AI ambit.

Further, AI-based systems and processes are helping organisations reduce costs, increase workforce output and cull decision-making time and efforts.

Upping the ante with its vertical tech stack is OnFinance, which claims to increase per-employee efficiency by 7.5X. Fo...