Ratan Tata Backed Artificial Intelligence Startup Tied Up With Federal Bank
Indian industrialist tycoon Ratan Tata backed Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a virtual assistant in Federal Bank's smartphone application, a financial daily reported.
Federal Bank confirmed saying that the chatbot will be helping customers to access m-commerce services right within the app, VCCircle reported.
With this integration, the customers can simply perform operations by writing it in the virtual assistant's chat box like top-up their numbers, book movie tickets and pay their bills. The bills will automatically be charged on the user's account.
“For payments, the customer need not get redirected to any other platform or take the hassle of loading their digital wallets, the debit happens directly from the federal bank account and the pay...