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Alphabet’s Waymo to test its autonomous driving technology in over 10 new cities
After testing the Waymo Driver in multiple cities, the company says...
Lawsuit accuses Amazon of secretly tracking consumers through cellphones
According to a proposed class action in San Francisco federal...
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.”
Ki appoints Richard Hodgson as its chief technology officer
Mark Allan, CEO, Ki said: “At Ki, we are taking a technology first approach to underwriting. We are therefore delighted that Richard joins Ki in the newly created role of CTO. Richard will bring an entrepreneurial approach and proven experience in scaling technology in a high-growth business as we look to continually explore new opportunities to provide a best-in-class and differentiated digital service to the market.”
Xiaomi to offer full spectrum of financial services, adds insurance vertical to its India platform
Xiaomi is adding insurance vertical to its platform as well as expanding the lending category with the addition of offerings like gold loans and credit line cards.
Xiaomi India Financial Services Head Ashish Khandelwal said Xiaomi has partnered with ICICI Lombard to curate a health insurance product.
Xiaomi also has a cyber insurance offering, and more than 25,000 customers have been covered so far.
”Going ahead, insur-tech is another proposition that we are working on in a curated manner in partnerships,” he added.
Indian tops global cyber attacks on education sector: Report
“In India, schools, universities and research centres make for attractive targets to cyber criminals because they are often under resourced from a security perspective. The short-notice, on-and-off shift to remote learning exacerbates the security risk,” said Sundar Balasubramanian, Managing Director, Check Point, India and SAARC.