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ICICI Lombard partners Policybazaar to sell its products
ICICI Lombard General Insurance has partnered with Policybazaar to...
Bajaj Allianz Life provides prm payment options on WhatsApp
To leverage this popularity and offer ultimate convenience, Bajaj...
RBI to improve data analytics system for banking industry
“When people are creating FinTech solutions, but we’re not adopting them, there is a problem to be addressed. It’s very easy to say that this is an issue with the startups, but these are excuses and we need to see what the issue is and fix it.If you look at the number of startups shutting shop on a daily basis, it’s not a good sign. If we want to see India as a global innovator, we need to do more. That’s why the government of Maharashtra has created a FinTech policy earlier this year”
Porsche first German carmaker to abandon diesel engines
Diesel car sales have dropped sharply as several German cities have banned them to bring down air pollution — a trend that Chancellor Angela Merkel was due to discuss with car company chiefs in Berlin later Sunday.
Social media platforms account for 79% of e-commerce in India: PayPal
“Facebook, WhatsApp and Facebook Messenger are used most by merchants in India, than anywhere across Asia (excluding China),” said the report named “Beyond Networking: Social Commerce as a Driver of Digital Payments”.
IRDAI forms committee on insurance regulatory sandbox & fintech
A “Regulatory Sandbox Approach” can be used to carve out a safe and conducive space to experiment with Fin-Tech solutions, and where the consequences of failure can be contained, said S C Khuntia, chairman,IRDAI.
Digitally influenced spending in emerging markets to reach $4 trillion by 2022: Report
BCG’s report comes at a time when emerging markets are growing at three times the rate of developed markets and contributing much of the world’s growth.
Property mapping via drones to boost transparency: Realty experts
According to a recent survey by PwC, the use of drones for the purpose of property mapping is becoming prominent, since it is easier to draw 3-dimensional map of buildings providing details such a built-up area and number of floors.
Artificial Intelligence to impact jobs but no mass unemployment expected: UN labour expert
In developing countries, the area which most stands to benefit is agriculture, Ernst said. AI is already helping farmers figure out the weather or get the latest market prices. In sub-Saharan Africa, a mobile app created in part with the UN Food and Agricultural Organization (FAO) can identify crop pests such as the Fall Armyworm
Marine blockchain platform goes live
Blockchain technology can be applied to risk management and insurance across diverse business sectors such as telecommunications, defence, and aerospace, among many others. One of our clients, for example, has approached us about developing a blockchain for its global property insurance programme
IBM partners with Indian tech firms for solutions to tackle natural disasters
“2017 has been the costliest year ever for natural disasters in the Indian sub-continent. At the same time, India has the second largest developer community with 3.5 million developers – a community with great potential to create innovative solutions,” Seema Kumar, Country Leader, Developer Ecosystem and Startups at IBM, said.
India to be one of world’s blockchain leaders by 2023: Survey
A blockchain is a distributed ledger technology that stores information across multiple systems securely to enable peer-to-peer transactions by creating a trustworthy source.Banks and other financial institutions are increasingly investing in blockchain technology as it cuts down their costs and makes their operations faster and more transparent.