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 likely sold $12 billion in gold reserves amid rupee pressure
India’s central bank, the Reserve Bank of India (RBI), is estimated to have sold nearly $12 billion worth of gold reserves within a two-week period ending May 22. The assessment, based on...
