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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...
Odisha announces launch of financial tech capability hub

Odisha announces launch of financial tech capability hub

by AIP Online Bureau | Jul 31, 2025 | Indian News, Policy, Risk Management, Technology

Over the next five years, more than 7,000 students from every district of Odisha will gain “futuristic and job-ready skills in AI, blockchain, InsurTech and digital finance”, an official release said. Bhubaneswar: The Odisha government on Thursday announced the launch...
Fintech sector must focus on financial education and consumer protection, says DFS Secretary

Fintech sector must focus on financial education and consumer protection, says DFS Secretary

by AIP Online Bureau | Jul 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

M Nagaraju, secretary,Dpartment of Financial Services Secretary Department of Financial Services Secretary M Nagaraju revealed that the country now has around 55 crore Jan Dhan accounts, with 56 per cent held by women, and 90 per cent of Indian adults now possess bank...
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