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Deepfakes surge ahead of general elections in S. Korea

by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, International News, Technology

As AI technology continues to evolve and proliferate, experts warn of the growing sophistication and speed of deepfake production, outpacing traditional verification processes employed by election authorities. It is hard for the authorities to combat deepfake...

Star Health gets GST notice of Rs 170 cr on reinsurance deals

by AIP Online Bureau | Feb 18, 2024 | Briefs, Non-Life, Regulation, Reinsurance

Star Health and Allied Insurance Company said that it has received a tax demand order for Rs 170 crore, along with a penalty of Rs 8.7 crore on non-payment of GST liability on the re-insurance commission received by the company during the period April 2018 to March...

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

by AIP Online Bureau | Feb 18, 2024 | Data, Eco/Invest/Demography, Policy, Risk Management

Also, the latest selling could be attributed to the uncertainty surrounding the interest rate environment, both domestically as well as globally, Himanshu Srivastava, Associate Director Manager Research, Morningstar Investment Research India, said New Delhi: Foreign...

Policybazaar Insurance Brokers gets reinsurance license

by AIP Online Bureau | Feb 18, 2024 | Briefs, Intermediaries, Non-Life, Reinsurance

Policybazaar Insurance Brokers (Policybazaar), PB Fintech’s wholly-owned subsidiary, has received the nod from the IRDAI ) to upgrade its license from a direct insurance broker to a composite insurance broker. A composite insurance broker can also intermediate...
RBI action on Paytm Payments Bank has drawn fintechs’ attention to compliance of laws: Chandrasekhar

RBI action on Paytm Payments Bank has drawn fintechs’ attention to compliance of laws: Chandrasekhar

by AIP Online Bureau | Feb 18, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“I think it has drawn the attention of fintech entrepreneurs, to the fact that you also have to know how to comply with the law. Regulatory compliance is not an optional thing for any country in the world, certainly not in India, and it is something that they...
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