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LIC considers fintech arm amid push for technology-led expansion

LIC considers fintech arm amid push for technology-led expansion

by AIP Online Bureau | Jun 1, 2026 | Indian News, Life, Technology

“So, both go hand in hand…we are engaging the fintech players but whether it can be a strategic partner, we are looking at various options available and we may be coming up with something…our first aim is to modernize our IT applications and become as agile and...
Fintech body flags UPI dominance by American companies, seeks measures for fair competition

Fintech body flags UPI dominance by American companies, seeks measures for fair competition

by AIP Online Bureau | Oct 31, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

In its letter, IFF said the current structure poses “systemic concentration risks” that could stifle innovation and competition over time. It called on the government to take corrective steps to level the playing field for smaller players and sustain...
India’s FinTech boom exposes sector to rising cyber threats: PwC Report

India’s FinTech boom exposes sector to rising cyber threats: PwC Report

by AIP Online Bureau | Oct 16, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Shah Amber, Managing Director at PwC India, emphasised that with the fintech sector projected to reach USD 400 billion by 2030, strong cybersecurity will not only protect businesses but also reinforce customer confidence.Safeguarding customer data and building digital...
Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

by AIP Online Bureau | Oct 9, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“Even as AI opens extraordinary possibilities, we must confront its darker side. The same tools that power innovation can be weaponised for deception and for fraud. I’m not personalising it, but I can say, I have seen several deepfake videos of myself...
MobiKwik fraud triggers demand for deeper probe into fintech platforms

MobiKwik fraud triggers demand for deeper probe into fintech platforms

by AIP Online Bureau | Sep 18, 2025 | Indian News, Non-Life, Risk Management, Technology

Industry experts said the MobiKwik case is not an isolated one. In August, Policybazaar Insurance Brokers Private Limited also lodged a complaint with Gurugram Police after fraudsters impersonated its employees, forged documents, and misused the company’s ID cards and...
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