The global aviation industry has been grappling with supply chain...
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Performance Reviews by AI: What Could Go Wrong?
Bringing AI into annual assessments can save managers time, and...
DPDP Rules: From prompt data breach reporting to annual audits Indian firms’ new obligations
The DPDP rules require companies (those collecting/ seeking the...
Wall street firms to pay $470 million to settle with US regulators over texting
The penalties mark the latest wave of a sweeping multi-year enforcement initiative targeting Wall Street’s use of so-called “off channel” work communications such as text and WhatsApp messages in breach of rules which require firms to retain certain work-related...
EV Battery Fires: South Korean blaze puts spotlight on safety concerns
Auto experts say EV battery fires burn differently than fires in internal combustion engines, often lasting longer and being harder to extinguish as they have a tendency to reignite South Korea is urging automakers operating in the country to disclose the manufacturer...
HDFC ERGO onboards Xceedance to implement SaaS core insurance delivery systems
The project involves implementing Duck Creek's comprehensive suite of cloud-native core insurance delivery applications, including policy, claims, billing, data insights, and other solutions, along with developing a front-end interface on a no-code platform GURGAON:...
Investment Advisers, Research Analysts should disclose AI tool usage to clients: Sebi
"With technological innovations and advancements, many AI tools are currently available in chatbot form such as OpenAI's ChatGPT, Google's Gemini, etc. These AI tools, however, may not adequately safeguard sensitive data shared during conversations, potentially...
Google to expand AI initiatives in India, targeting language barriers, agricultural efficiency
Abhishek Bapna, Director of Product Management at Google DeepMind, emphasized that Google's agricultural initiatives are driven by two major goals: improving livelihoods and addressing climate change through necessary interventions. Banks and insurance companies could...
Centre cracks down on spam calls, directs access service providers to take action
“All promotional voice calls from the unregistered senders/unregistered telemarketer (UTMs) using telecom resources shall be stopped immediately,” said the telecom regulatory authority body New Delhi: The Centre on Tuesday directed all access service providers to...
Flight and voice data boxes extracted from crashed Brazilian plane
The airline VoePass, which operates a small fleet of planes made by ATR, said the flight Friday was traveling from the state of Parana to Sao Paulo’s Guarulhos International Airport when it crashed in a residential area, killing 58 passengers and four crew members...
UK sets up AI Laboratory to tackle cyber threats
The new organization would in time seek to work with technology companies and academic experts, as well as international allies, to counter AI-based threats to national security and British businesses UK spies are stepping up efforts to tackle cyber and artificial...
Hiscox unveils GenAI-enhanced lead underwriting platform
By combining Hiscox AI Laboratories with Google Cloud’s generative AI, Hiscox now has the ability to remove manual elements of the underwriting process. Risks that are in scope are assessed using Google Cloud’s Gemini large language model, and the process generates an...
Legacy tech hindering pricing and profitability, says report
While the buzz around AI is inescapable and the potential benefits undeniable, its true value can only be fully harnessed when insurers get their own houses in order. The reality is the sector’s current pricing infrastructure doesn’t have the capacity to support this...