New Initiative

A major fintech company and a telecom group today announced a partnership to expand digital financial services using AI, targeting underbanked communities through mobile-first banking and messaging-based support.

How It Works

Millions of people access the internet only through their phones. By combining mobile networks with intelligent, conversational financial services, the initiative brings banking to people who have been left out of the traditional system.

The initiative will pilot AI-powered account onboarding, voice and chat-based banking assistance in multiple regional languages, and simplified loan and savings products. Both companies plan to expand the program based on initial results.

About the Partners

The fintech company provides digital banking and payments services to consumers and businesses. The telecom group is one of the region's largest mobile network operators.