If you miss a loan repayment, you may soon find yourself receiving a video call not from a human, but from an AI-generated avatar. These virtual collection agents could appear as a woman in lawyer’s attire or a man in a sharp business suit, speaking in a brisk, borderline aggressive tone filled with legal jargon. The strategy mirrors that of human collectors, with the ultimate goal of compelling borrowers to hit the payment button without delay.
RBI Cancels Paytm Payments Bank Licence: Are Your Money, SIPs and Gold Investments Safe?
In a significant regulatory development, the Reserve Bank of India has cancelled the licence of Paytm Payments Bank, effectively bringing an end to its operations as a banking entity. This decision follows...
