Challenges in Cash Management and Role of AI - by Harshal Dunakhe

Jan 27, 2022 · Pune, India

Please join using the Google Meet link below:

6:30 - 6:35: Introduction
6:35 - 7:20: Talk by Mr. Harshal Dunakhe
7:20 - 7:30: Q&A

About the topic
For many years, the way bank branch operations and the back end process around the way physical cash and checks/cheques are being handled in the banking eco system has remained more or less the same. The efforts to improve the efficiency of these processes have been isolated and partially successful. AI can play a big role here.

Some major reasons for challenges are:
- Federal regulations and the rigidity to change them
- Banks not willing to come together, share data and information to leverage it to improve their own efficiencies
- Multiple variables and parties involved in the ecosystem
This situation is costing the banking industry multiple hundreds of crores rupees every year.

In this session, we will discuss some of the challenges faced in this area and how ML and Data analytics can be used to improve efficiencies and save wasted costs.

About the speaker
Harshal is the Chief Operating Officer at Kores India Ltd. He has 20 years of experience in and around payments and payment related hardware industry.

Event organizers
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