Iranian Bank Unveils ‘Technological Card’ Based on Artificial Intelligence

Iranian Bank Unveils ‘Technological Card’ Based on Artificial Intelligence

TEHRAN (ANA)- Mehr Bank of Iran unveiled a technological card for banking services that offer services to clientele based on artificial intelligence.
News ID : 2514

Many services in the banking network are designed based on artificial intelligence and digital technology, Saeed Shamsinejad, the bank’s managing director said.

He made the remarks on the sidelines of the 12th International Innovation and Technology Exhibition (INOTEX) that was held at Pardis Technology Park from May 9 to 12.

“Last year, we financed more than 100 companies at the INOTEX exhibition. This happened with the cooperation of Pardis Technology Park New Technology Fund.”

Last autumn, it was decided to finance more than one thousand knowledge-based companies, he said, adding that part of the obligations has been done and the rest will be done by the end of June.

“We seek to expand these services to other sectors in addition to the banking sector and go one step further. We hope that conditions will be provided to enter other ecosystems and banking services will be offered digitally to knowledge-based companies.”

The INOTEX expo aimed to introduce products, facilitate partnerships and provide various insights on the latest global competitive prices, quality standards, developments, scientific findings, and economic-technological ideas.

The four-day event gathered a large number of Iranian and foreign business people, technologists, industrialists, university students, professors, and researchers and hosted almost 450 companies.

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