In terms of risk management practices, the report pointed out that...
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Managing Customers: Banks and insurers deploy AI agents to fight fraud and process applications
-Three in five banks and insurers cite customer onboarding among...
Google sued for secretly amassing user data via Gemini AI
In the past, users of Gmail, Chat and Meet were given the option to...
Russian air-defense system downed Azerbaijan plane, sources say
One of the Azerbaijani sources familiar with Azerbaijan's investigation into the crash told Reuters that preliminary results showed the plane was struck by a Russian Pantsir-S air defence system. Its communications were paralysed by electronic warfare systems on the...
Losses from crypto hacks jump to $2.2 bln in 2024, report says
Among the most notable hacks are the theft of more than $305 million from Japan’s crypto exchange DMM Bitcoin in May and the loss of $235 million from India’s WazirX in July Funds stolen by hacking cryptocurrency platforms surged 21% from a year ago to $2.2 billion in...
China’s CATL launches EV chassis, flagging safety as top selling point
"Due to the extremely high crash speed and intensity, there has been no previous instance of any new energy vehicle daring to challenge a 120km/h frontal pole impact test," said Ni Jun, CATL chief manufacturing officer. SHANGHAI: China's CATL (300750.SZ), opens new...
Spectee expands crisis management system to the Philippines following success in Japan
This system, designed to monitor and manage disasters like earthquakes, floods, typhoons, and criminal accidents, gathers real-time visual and textual information from social media platforms (SNS) and official sources Tokyo: Spectee, a Japanese crisis management...
Govt warns subscribers against unfamiliar international calls
"The DoT advises citizens that they should show caution with respect to answering calls from unfamiliar international numbers which are not starting with +91 and which claim to be from government authorities of India. Citizens are advised to report such suspected...
Govt launches AI tools, e-commerce safety measures to boost consumer protection
The Consumer Protection Authority (CCPA) is drafting new guidelines to regulate surrogate advertising and has issued notices to 13 companies for non-compliance with existing rules, Food and Consumer Affairs Minister Pralhad Joshi New Delhi: Food and Consumer Affairs...
Govt to issue guidelines on pesky calls next month: Consumer Affairs Sec
Consumer Affairs Secretary Nidhi Khare said the department has prepared draft guidelines in consultation with stakeholders, which will be harmonized with upcoming regulations of Telecom Regulatory Authority of India (Trai) New Delhi: The consumer affairs ministry will...
Automotive to sustainable mobility EVs and beyond Auto industry’s journey for 2025
SIAM Director General Rajesh Menon said the passenger vehicle segment continued its steady performance led by sustained demand for SUV segments and good adoption of new energy vehicles, such as electrics, hybrids and gaseous fuel vehicles New Delhi: Traversing from...
Majority of Indian car buyers prefer decisions through physical dealerships
According to the survey, nearly 9 out of 10 car buyers in India are more inclined to visit a physical dealership, highlighting the critical importance of in-person visits in shaping their overall buying behaviour, it stated Majority of car buyers in India still prefer...
Insurance technology firm bolttech raises $100 million to fund global growth
Founded in 2020, bolttech operates a digital platform where insurers, distributors and customers buy and sell insurance and protection products in more than 35 markets across North America, Asia, Europe and Africa, according to its website Singapore:...