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Fintech body flags UPI dominance by American companies, seeks measures for fair competition
In its letter, IFF said the current structure poses "systemic...
UIDAI unveils ‘Aadhaar Vision 2032’ framework to strengthen digital identity through AI, advanced encryption
"The Aadhaar Vision 2032 framework will focus on leveraging...
HC directs Centre to nominate panel members to examine deepfake menace
The court further directed the committee to invite the experiences and suggestions of a few of the stakeholders like the intermediary platforms, telecom service providers, victims of deepfakes, and websites which provide and deploy deepfakes before submitting its...
National Consumer Helpline to roll out AI-based features, partners with 1,000 firms
The technological transformation of National Consumer Helpline(NCH has led to a significant increase in its call-handling capacity. The number of calls received by NCH has grown nearly tenfold, from 14,795 calls in January 2015 to 1,41,817 calls in January 2024. This...
Pressure groups trying to use social media to affect outcome of cases: ex CJI Chandrachud
D Y Chandrachud, Former Chief Justice of India "Everybody, therefore wants to form an opinion in 20 seconds of what they see on YouTube or any social media platform. This poses a grave danger because the process of decision-making in the courts is far more serious. It...
TN sets up ‘One Health and Climate Hub’ to address health challenges of climate change
A government order (GO) issued by Additional Chief Secretary Supriya Sahu, stated the Hub will strengthen surveillance and research, promote inter-sectoral collaboration, enhance capacity building, and facilitate the development of green healthcare infrastructure....
93% of Indian executives anticipate a cyber budget increase next year: PwC
Cloud-related threats remain the foremost worry, cited by 55% of Indian executives as their most concerning cyber risk, marking a 3% increase from the previous year. However, 50% of security leaders and chief financial officers (CFOs) feel least prepared to address...
Insurtech firm Zopper raises $25 million in Series D funding round
"The round also saw participation from existing investor Blume Ventures, said Zopper which is also backed by Creaegis, Bessemer Venture Partners and ICICI Venture. Zopper will use this fresh funding to ramp up its digital technology infrastructure, by strengthening...
GIFT IFSC emerging as a global innovative re/insurance market place, says IFSCA chairman
K Rajaraman, chairman, International Financial Services Centre Authority IFSCA’s light touch and principle-based regulations have been aligned to global standards to provide the entities with flexibility to offer products in various classes of business including...
Indian Insurtech sector attracted $ 2.5 bn funding, more investment to flow: Report
(Lto R) Vivek Mandhata, managing director & partner, Boston Consulting Group (BCG) and Arvind Virmani, member, NITI Aayog releasing a report on Indian Insurtech Sector on Wednesday in Mumbai According to report, released by Arvind Virmani, member, NITI Aayog at...
Facebook users affected by data breach eligible for compensation, German court says
Thousands of Facebook users in Germany are demanding compensation from parent company Meta for insufficient protection of their data after unknown third parties were able to access user accounts by guessing phone numbers A German court said on Monday that Facebook...
RBI cautions public about ‘deepfake’ video of governor being circulated on social media
In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI Mumbai:The Reserve Bank of India (RBI) has...