Tuesday, 18 August, 2026
Razorpay Unveils ‘Vulcan’: India’s First AI Engine for Faster, Safer Payments
By TechShots Studio
Fintech giant Razorpay has launched Razorpay Vulcan, India’s first transformer-based AI foundation model built specifically for digital payments. Developed using NVIDIA GPUs and AWS cloud infrastructure, the model analyzes nearly 3 trillion data points across 4 billion transactions. It creates a single intelligence layer to optimize real-time routing, slash international card fraud, and curb transaction failures, boosting overall payment success rates by 8–10%.
Read full story at CIO ECONOMIC TIMES