MUFG Taps AI for Back-Office Work as Japanese Banks Bolster Their India IT Teams
AI news flash: Japan’s three megabanks are speeding up the handoff of AI and other tech tool development to India, hoping to roll out services faster as competition in digital finance heats up. According to Nikkei Asia, PayPay Bank has joined the trend too, outsourcing more system development and operations work to Indian teams just like Japan’s major banks. As the headline suggests, Mitsubishi UFJ Financial Group (MUFG) is bringing AI into back-office work while also expanding its IT team in India…