Network People Services Technologies Limited has informed the Exchange regarding a press release dated April 08, 2026, titled "Securing AI-Powered Risk Management Order from Public Sector Bank".
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NPST has secured an order from a public sector bank to deploy its AI-powered Risk Intelligence and Decision Platform (RIDP), a cloud-native SaaS solution for merchant underwriting and lifecycle risk monitoring across online and POS channels. The platform includes automated risk assessment, compliance monitoring, website crawling for prohibited content, and regulatory KYC/KYB automation. It is offered under a managed SaaS model, enabling recurring revenue generation. No financial value of the order was disclosed.
The order from a public sector bank validates NPST's AI/RegTech capabilities and strengthens its recurring revenue base through the SaaS model, though the absence of order value makes it difficult to assess the immediate revenue impact.