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Max Life integrates Swiss Re’s ‘Digital Health Underwriting’ solution to elevate the customer onboarding experience
Swiss Re’s DHU solution automates technical underwriting, using...
At least 20 pc of India’s economy will be digital by 2026-27: Jyotiraditya Scindia
“As our digital economy flourishes at a pace 2.8 times swifter than...
IRDAI looking for agency to manage its multi-media grievance redressal centre
The agency will be required to manage its IGCC by providing the state-of-the-art call centre solution based on IP Multimedia platform for seamless handling of channels (telephone calls, e-mails and letters) with unified administration and reporting as well as having the integrated components in a single platform, said the request for proposal (RFP) for IGCC Services.
Policybazaar gets insurance broking licence from IRDAI
With this development, the company will surrender its web-aggregator licence to Insurance Regulatory and Development Authority of India (IRDAI) and undertake business including insurance aggregation under the broking umbrella.
The broking licence will allow the company to venture into segments which it could not do in the past like claims assistance, offline services, and establish Points of Presence network.
CoWIN hack and data leak is baseless: Govt
Dr R S Sharma, Chairman of the Empowered Group on Vaccine Administration, has clarified that “the claims of so-called hackers on the dark web, relating to alleged hacking of the Co-WIN system and data leak, is baseless. We continue to take appropriate steps as are necessary, from time to time, to ensure that the data of the people is safe with Co-WIN.”
China’s internet watchdog issues notices to 129 mobile apps for illegally collecting personal info
Popular news aggregation app Jinri Toutiao developed by TikTok owner ByteDance, alongside Tencent-operated Kuai Bao and Tencent News, Sogou News by New York listed Sogou, and Nasdaq-listed Qutoutiao, were among a group of news apps that received an order from the Cyberspace Administration of China on Friday to rectify their data practices within 15 days, the Hong Kong-based South China Morning Post reported.
Winning auction bid to fly in space with Jeff Bezos: $28M
The completely automated capsule can carry up to six passengers, each with its own big window. Blue Origin’s top sales director, Ariane Cornell, said following the auction that the fourth and final seat on the debut crew flight will be announced soon.
Canada privacy regulator says federal police broke laws using facial recognition software
“A government institution cannot collect personal information from a third party agent if that third party agent collected the information unlawfully,” Commissioner Daniel Therrien said in a statement.
Uganda scraps controversial social media tax
Uganda’s designate minister of state for finance in charge of planning,. Amos Lugoloobi said the government has instead introduced a direct tax of 12 per cent on airtime and mobile internet data in the East African country. “I rationalize the excise duty regime on telecommunication services by scrapping the excise duty on Over-The-Top (OTT) and introduce a harmonized excise duty rate of 12 per cent on airtime, value-added services and internet data excluding data for the provision of medical services and the provision of education services,” said Lugoloobi.
Volkswagen to receive 270 million euro from its D&O Liability insurers in dieselgate settlement
The settlement marks a major milestone in Volkswagen’s efforts to turn a page on its biggest ever corporate scandal, which has cost it more than 32 billion euros in vehicle refits, fines and legal costs so far.
The scandal, which Volkswagen initially blamed on a small number of rogue engineers, also spurred it to launch a huge investment in electric cars.
SoftBank’s PayPay surges ahead in Japan’s digital payments race
PayPay is emerging as a key driver of a government-supported consumer shift away from cash as Japan grapples with deepening labour shortages and the need for social distancing during the COVID-19 pandemic. Late to payments, SoftBank drove the uptake of PayPay through cash-back campaigns. In one prominent example, it gave away 10 billion yen ($90 million) in 10 days.
Gmail blocks more than 100 million phishing attempts daily, says Google
“We are deeply concerned by these trends. Security is the cornerstone of our product strategy. We have dedicated teams like Project Zero who focus on finding and fixing vulnerabilities across the web to make the internet safer for all of us,” said Kent Walker, SVP of Global Affairs at Google.