Razorpay Launches AI Payments Model “Vulcan”

# Razorpay Launches AI Payments Model “Vulcan” ### Why in News? Razorpay launched Vulcan, a transformer-based **AI** foundation model built specifically for payment processing, fraud detection and transaction routing. ### What does the model do? - Vulcan analyses payment data in real time to choose better transaction routes and reduce payment failures. - It is also designed to detect fraud more accurately by learning patterns across Razorpay's large payments network. - The development shows how specialised **AI** models are being trained for narrow financial tasks rather than only general-purpose language applications. ### Exam Connect - **Vulcan** → **AI** model for payments - **Razorpay** → fintech company - **Use cases** → payment routing + fraud detection