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Govt to issue guidelines on pesky calls next month: Consumer Affairs Sec
Consumer Affairs Secretary Nidhi Khare said the department has...
Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025
SIAM Director General Rajesh Menon said the passenger vehicle...
India’s wearable mkt logs over 118% growth to 11.2 mn units in Q2: IDC
The second wave of COVID-19 had a marginal impact as the overall wearable (which includes smartwatches, wrist bands and earwear) shipments declined by 1.3 per cent sequentially in the June quarter. Partial lockdowns, weekend curfews, and disrupted supply chains resulted in a skewed slump in the early-quarter shipments, IDC said.
Air taxis will be possible in coming days under drone rules: Scindia
“That time is not far when taxis, like the ones of Uber etc that you see on roads, you will see in the air under the drone policy. I believe this is very much possible,” he added.
In a notification dated August 25, the Ministry of Civil Aviation eased the rules regarding drone operations in the country by reducing the number of forms that need to be filled to operate them from 25 to 5 and decreasing the types of fees charged from the operator from 72 to 4.
Lloyd’s forms partnership to deliver faster claims service through geospatial technology
The GEO platform will provide the Lloyd’s market with real-time analysis of global perils including storms, wildfires and flooding. The data, which includes innovative resolution drone imagery, allows Lloyd’s market insurers to instantly assess damages at a time when physical access to the risk location may be limited following a natural catastrophe.
Satellite imaging combined with other intelligence data sources is an innovative way of assessing damage to insured infrastructure and businesses. The technology will help insurers support customers around the world during periods of crisis, whilst reducing operational costs and the carbon footprint of insurers.
Millions of Microsoft-stored data records mistakenly exposed
Among the 47 affected organizations were American Airlines, Ford, JB Hunt and public agencies such as the Maryland Department of Health and New York City’s public transit system.
They all used a Microsoft product called Power Apps, which allows for the creation of websites and mobile apps to interact with the public.
IBM’s new processor to detect fraud in real-time
It features an innovative centralised design, which allows clients to leverage the full power of the AI processor for AI-specific workloads, making it ideal for financial services workloads like fraud detection, loan processing, clearing and settlement of trades, anti-money laundering and risk analysis.
Munich Re unveils predictive technology for life insurers
ALLFINANZ Predictor allows clients to seamlessly deploy cutting edge predictive modelling technology into their underwriting process.
Tobias Frenz, Head of Digital Solutions Life & Health, Asia Pacific, Middle East and Africa for Munich Re said: “The co-creation of model development by Munich Re’s AI and Analytics team, and deployment with ALLFINANZ Predictor, has led to the successful launch of the first comprehensive predictive underwriting solutions for life and health insurance in Asia Pacific. This marks the beginning of a new era in underwriting using AI, rules and data to fundamentally transform the onboarding experience.”
Govt to launch incentive scheme to support 75 start-ups in areas of telemedicine, digital health
”The government will soon launch a special incentive scheme to support 75 start-ups in areas of telemedicine, digital health and artificial intelligence to coincide with the ‘Azadi ka Amrit Mahotsav’ being celebrated from August 15 this year,” the minister said.
RBI extends scope of tokenisation to laptops, wearable devices
Tokenisation, which aims at improving the safety and security of the payment system, refers to the replacement of actual card details with a unique alternate code called the ‘token’, which is unique for a combination of card, token requestor and identified device.
SIMS Hospital performs total jaw joint replacement surgeries using 3D printed joints
Explaining the uniqueness of the procedure, Dr K Sridhar, Director, Institute of Craniofacial, Aesthetic & Plastic Surgery, SIMS Hospital, said, “We have performed total jaw joint replacement for three different patients. In one patient, who had zero mouth opening following a jaw surgery done elsewhere, the damaged jaw bone part was replaced with an artificial part made of titanium metal. The same was done for the second patient who had complete ‘ankylosis’ (immobile joint) of temporomandibular joint (TM joint), which acts like a sliding hinge, connecting jawbone to skull. This patient also had the complaints of sleep apnoea (snoring and sleep disorder due to less oxygenation) and hypoplasia of jaw bone (smaller than normal jaw bone). For this patient, first the jaw bone was lengthened with distraction and later total joint replacement was performed.
QubeHealth partners with OboPay to launch 0% pre-approved medical credit for corporate employees
The product has been rolled out to a select group of 150 large companies employing over 1,50,000 people in India, as part of their Employee Health Benefits program and activated across 735 towns/cities.
Chris George, CEO & Co-Founder of QubeHealth, says, “Employee-Healthcare is now center-stage conversation for companies across India and HR teams have wanted to provide a comprehensive solution to their team’s families as they navigate their way through the pandemic. By facilitating emergency healthcare funds on tap, at no cost of capital, Employees will now have the flexibility to make better healthcare choices and augment any company-paid health insurance.”