by AIP Online Bureau | Oct 30, 2023 | Health, Indian News, Non-Life
Policyholders will also be informed about policy coverage (like hospital expenses), exclusions (what the policy does not cover), waiting period, financial limits of coverage, claims procedure, and details about grievances/complaints redressal mechanism. Hyderabad:...
by AIP Online Bureau | Oct 10, 2023 | Banking & Bancassurance, Indian News, Regulation, Technology
“This action is based on certain material supervisory concerns observed in the manner of onboarding of their customers onto this mobile application. Any further onboarding of customers of the bank on the ‘bob World’ application will be subject to...
by AIP Online Bureau | Sep 5, 2023 | Indian News, Policy, Technology
Union Finance Minister Nirmala Sitharaman asked fintech companies to invest in cybersecurity and said that trust is very important Mumbai: India’s financial ecosystem has made a giant stride from being conventional to fintech-driven and the new solutions have...
by AIP Online Bureau | Mar 17, 2022 | International News, Technology
The company has reviewed its systems and processes together with Singapore Airlines and concluded that the breach was an isolated incident that came about due to a human error. None of its other databases or systems had been compromised Singapore: Personal information...
by AIP Online Bureau | Mar 12, 2022 | Indian News, Regulation, Technology
“The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report of...