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RBI issues draft guidelines on payment aggregators
The RBI said that given the growth in digital transactions and the...
Aditya Birla Capital to scale up life and health insurance business: Kumar Mangalam Birla
Kumar Mangalam Birla, chairman,Aditya Birla Group ``Our Health...
Automation impact: 76 per cent Indian employers plan to increase, maintain headcount
“As more and more robots are being added to the workforce, we, as leaders, must ensure that humans are integrated with machines, as this is the need of the hour,” said Manmeet Singh, President ? Experis, ManpowerGroup India
Budget 2019: India to lead the world in transportation through EVs, says FM
Electric vehicle sales in India are expected to be 30 per cent of total sales by 2030. According to Niti Aayog estimates, EV sales are expected to touch around 25.36 million units in India in 2030.
Accenture Software now does what 40,000 employees used to do
Accenture’s clients can also set custom rules for whether a system will process something automatically based on how much confidence the artificial intelligence software has in its own predictions. For instance, if a system were handling routine insurance claims, a company might allow it to automatically pay those claims as long as it had at least a 95 percent confidence that the decision was correct, Polishook said. If its confidence fell below that threshold, then the claim would be routed to a human claims handler.
Chickens that lay eggs with anti-cancer drugs
After researchers from the University of Edinburgh spliced a human gene into the chickens’ DNA, the animals began laying eggs boasting a significant amount of two proteins used to treat diseases including cancer in humans — and the process, they say, is far cheaper than current methods of protein production.
Will robotaxis really take off?
It seems increasingly likely that aerospace companies and startups are rushing to embrace a world of vertical take-off robotaxis
Swiss Re makes digital side-bet as premiums languish
“It means the whole value chain is under significant pressure…Costs have become much more important over the last years and for the foreseeable future, so there will be continual pressure on costs, and not just for Swiss Re.”
France uses strict EU privacy law first time, fines Google 50 mn euros
Google was handed the record fine from the CNIL regulator for failing to provide transparent and easily accessible information on its data consent policies, a statement said.
EV makers demand Rs 20,000 cr in the next two years for promoting vehicles
“Electric mobility needs stable and long-term policy support, concentrated dose of customer incentives and massive awareness campaign to reach a target of 30 per cent EVs by 2030,” said SMEV Director-General Sohinder Gill
US Regulators disagree over giving Fintechs Federal Charter to skirt State Rules
Companies such as PayPal and LendingClub Corp. have attracted millions of customers by offering greater convenience or better prices than traditional banks. The OCC and the FDIC say such firms can broaden access to financial services because their low-cost models allow them to reach poorly served areas and offer small loans that are uneconomical for bigger banks.
Headlights are passé: Luxury cars of the future will be illuminated with lasers
As cars move toward more enhanced and powerful semiautonomous systems, which rely not only on constant cloud computing for their decision-making but also on clear forward “vision” through their cameras and sensors, light and data transmission will have huge implications for driver safety.