The Business Bytes
MUMBAI, JUNE 22, 2024 (TBB BUREAU): Union Bank of India has been honoured with the Finnoviti Award 2024, presented by ‘Banking Frontiers’. The Bank was lauded for two groundbreaking products: ‘Operation Vajra’, a real-time monitoring system for newly opened CASA accounts utilizing velocity checks and customer profiles, and a VR-based learning solution.
Chief Technology Officer Anil Kuril, along with General Managers Tata Venkat Venugopal and KM Reddy, accepted the awards on behalf of the bank at a prestigious ceremony held in Mumbai on June 19.
The Finnoviti Awards highlight institutions and organizations for their transformative fintech solutions in products and processes within their respective domains.
