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    Digital Innovation Summit 2018 comes to New Delhi

    Synopsis

    The bank, this year, has joined hands with Startup India in its effort to harness the startup and fintech ecosystem and get access to innovative ideas for potential application and deployment.

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    NEW DELHI: The capital will be host to the 3rd edition of HDFC Bank’s Digital Innovation Summit (DIS). This is the annual conference of the Bank which allows fintech and start-ups from across the globe to pitch their ideas to the bank.

    The bank, this year, has joined hands with Startup India in its effort to harness the startup and fintech ecosystem and get access to innovative ideas for potential application and deployment.

    DIS is a platform where the Bank unveils marquee innovative products or services to the world. In 2017, the Bank showcased its Humanoid, IRA (Intelligent Robotic Assistant). This year as well the bank will show its latest digital initiative at DIS 2018, which will be held on November 28-29 in the capital city.

    The ideas will be introduced in areas such as Mobile Banking, Customer Experience, Cyber Security, Social Banking, Payments, Branch Automation, and Operational Efficiency. The last two editions of DIS enabled the Bank to identify start-ups and fintechs who work on technologies such as AI, ML, Automation, Internet of Things, and Emerging Payments etc.

    Senseforth, Niki.ai and Absentia VR are some of the winners from DIS 2016 and 2017. HDFC Bank’s chatbot EVA, which has already handled more than 8 million queries since launch last year is powered by technology offering from Bengaluru based AI start-up Senseforth Technologies, one of the winner from DIS 2016. Similarly Niki.ai enabled the bank to introduce Facebook on Chat, a conversational chatbot.

    “DIS has become one of the important platforms for HDFC Bank to partner and work with the startup and fintech ecosystem, not just from India, but globally. For the startups and fintech, their ideas find a market place through the bank’s huge customer base,” said Nitin Chugh, country head – digital banking, HDFC Bank, in a statement.
    The Economic Times

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