New Delhi, Feb. 17 -- The National Payments Corporation of India (NPCI) has announced the launch of FiMI, a specialised artificial intelligence language model created specifically for the Indian payments sector.

Released today at the India AI Impact Summit 2026, FiMI stands for "Finance Model for India" and is designed to handle the high-volume and high-trust needs of digital transactions.

According to NPCI, the model was developed in-house to solve problems that general-purpose AI models often face when dealing with complex financial workflows.

FiMI is currently being used to power the UPI Help Assistant, which is a conversational support system for people who use UPI. The assistant helps users with tasks like fixing payment mistakes,...