by AIP Online Bureau | Apr 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Nirmala Sitharaman,Union Finance Minister There will be a lot of interaction among banks over the next few weeks to understand the threats and also look at the areas where additional investments will be required, Sitharaman said. She said all this while, the system...
by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Indian News, Risk Management
The meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector, sources said, adding that banks have been urged to take preemptive measures to secure their systems, data and money of customers. New Delhi:Finance Minister...
by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Technology
“Insurance comes out as one of the stronger sectors in the survey, with solid groundwork in place for using AI. It has clear direction and strong controls around security and risk, however, it is not yet using AI as widely as the top performers. The biggest gap...
by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology
“The next 25 years will not just be about scale, but about intelligent scale. Financial markets are now evolving in the fastest ways possible, becoming more interconnected and complex.”CS Setty,chairman, SBI Mumbai:Artificial intelligence will play a...
by AIP Online Bureau | Apr 20, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation, Risk Management, Trends, Facts
Singapore’s financial regulator is urging banks to plug holes, while South Korea’s government agencies have met to review and discuss how to respond to the risks. In Australia, authorities expect lenders to be vigilant to ensure clients aren’t put at risk by...
