Our "Ask INDIAai" series will address and explore your problems. INDIAai will react to your inquiries.

Please direct all inquiries to askindiaai@nasscom.in.

How is AI used in anti-money laundering? - Muthaleef, Chennai

AI uses many formulas and methods to monitor customers, markets, and financial transactions, which helps figure out different banking habits. AI can stop and fight money laundering by understanding clients' transactions and how bank payments work.

For example, AML AI learns from your core banking data, information about suspicious behaviour, and other data in your Google Cloud environment. You can use the API to make risk scores and output that show how explainable they are to help with your research and alerting process.

What is the Bletchley Declaration? - Jayadeep Kumar, Pune

The AI "Bletchley declaration" released at the summit covers more than preventing disasters or threats to life and health. It also covers important issues like protecting human rights and the UN's Sustainable Development Goals.

What is automated news monitoring? - Raihana Begum, Delhi

The AI tool looks through news stories written in different languages, translates them into English, and pulls out essential data like headlines, crop names, event types, times, locations, severity, summaries, and source links. It gives you up-to-date information on important events posted on the web.

Can a smartwatch diagnose a heart attack? - Blessy Cassandra, Goa

Smartwatches have significantly aided survival. A 36-year-old man from the United Kingdom expressed gratitude to his Apple Watch earlier this year for notifying him of an undiagnosed cardiac condition. Adam Croft asserted that his smartwatch had provided him with notifications regarding his atrial fibrillation, an irregular heartbeat, throughout the night. 

What is an AI virtual model? - Sulaiman Sait, Secunderabad

Digital personalities, or AI or digital influencers, possess a social media presence and engage in first-person interactions with the world. Using CGI (computer-generated imagery), motion-capture technology, and AI tools, they are developed by 3D animators.

Is there an AI for WhatsApp? - Dinesh Bannerji, Kolkata

The WhatsApp chatbot is an AI-powered conversational robot that helps brands and customers talk to each other like real people through the WhatsApp chat interface. Sales and customer service for businesses over WhatsApp are taken care of automatically.

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