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BREAKING NEWS

Mobile transactions to overtake net banking: ICICI Bank

12 Jan 2018

Mumbai Jan 12 (IANS) Lending major ICICI Bank on Friday said that it foresee mobile banking to overtake internet banking.



According to the lending major s Group Executive and Chief Technology and Digital Officer B. Madhivanan around half of the digital transactions of savings account are taking place on mobile banking.

"I believe that in the near future growth in mobile banking will be led by voice based services and technology AI (artificial intelligence) led personalised suggestions and services for every customer and ‘satchet like financial products with small ticket digital loans and insurance " Madhivanan said on the occasion of ICICI Bank s iMobile app completing 10 years of operations.

--IANS
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