HCL Technologies (NSE:HCLTECH, BOM:532281) has partnered with Western Union to accelerate the money transfer firm's shift to an AI-powered platform model, according to a Monday release filed with the Indian stock exchanges.
Western Union will use HCLTech's AI solutions, FENIXAI and AI Force, to enhance agility and scalability.
The partnership also includes digital, cloud, and AI-driven infrastructure transformation, along with setting up a technology center in Hyderabad, India, to expand Western Union's global tech capabilities, the company said in the release.