Casparus J H Kromhout, MD & CEO, Shriram Life Insurance said,...
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Allianz is lead insurer for the Singapore Airlines aircraft
Under the Montreal Convention, Singapore Airlines is liable for...
Boeing faces ‘long road’ on safety issues, US FAA says
Boeing has faced mounting questions after a door panel detached...
Max Life’s net profit at Rs 154 cr, up 92 % in Q3 FY2020
in an insurtech push, Max Life Insurance has announced the selection of seven start-ups to engage with ‘Max Life Innovation Labs’, the Company’s flagship ‘InsurTech’ accelerator programme.
No proposal to link social media profiles with Aadhaar, govt tells Lok Sabha
Electronics and Information Technology Minister Ravi Shankar Prasad also said that pornography, particularly child pornography, is a “serious menace” and measures are being taken to curb it.
“Revenge porn is also rising in the country”, he told Lok Sabha during Question Hour.
Nissan Autonomous Car completes 230-mile journey in Britain
But it remains unclear when fully self-driving cars will hit the streets for general public use, with questions remaining about the regulations in place and affordability of the technology.
AXA XL creates role of Global Chief Underwriting Officer, Cyber
“The cyber insurance market is growing exponentially. Recent reports predict the Global Cyber Insurance Market to reach $21.4 billion in the next five years,”
Twitter says state-backed actors may have accessed users’ phone numbers
Tech publication TechCrunch reported https://techcrunch.com/2019/12/24/twitter-android-bug-phone-numbers on Dec. 24 that a security researcher, Ibrahim Balic, had managed to match 17 million phone numbers to specific Twitter user accounts by exploiting a flaw in the contacts feature of its Android app. TechCrunch said it was able to identify a senior Israeli politician by matching a phone number through the tool.
Visa planning biggest changes to US swipe fees in a decade: Report
Higher rates are looming for transactions on e-commerce sites, while retailers in certain services categories such as real estate and education will see fees decline, the report added.
Google Pay’s ‘tremendous success’ in India to be replicated globally: Pichai
According to Ambarish Kenghe, Director, Product Management, Google Pay, the vast majority of India’s over 60 million small businesses are still not benefiting from the growing digital economy.
Aon acquires Canadian cyber security firm Cytelligence Inc
Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. According to Aon’s 2019 Global Risk Management Survey, cyber-attacks were identified as a top ten risk facing organizations and is predicted to be one of the top three risks for organizations in 2022.
EU Prepares for Coming of Facial Recognition– On Its Privacy Terms
Facial recognition has emerged as a hot-button issue as the EU prepares to outline its plans to regulate artificial intelligence next month. Privacy advocates are urging legislation to prevent abuses, while law enforcement is warning against banning a tool that can make societies safer.
“There will be a post-Brexit trade deal between India and the UK”
“We’ve identified a number of areas where the UK and India can work more closely together in innovative financial services- cyber, green and fintech.In fact, our ties are already strong in these areas, and many firms from the UK are already based here. Vice versa many Indian firms are in the UK. After all London’s expertise perfectly matches India’s fast growing market”