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FM asks financial entities to ensure customers nominate heirs

FM asks financial entities to ensure customers nominate heirs

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...
RBI looking at coming out with fintech regulations: DG Rabi Sankar

RBI looking at coming out with fintech regulations: DG Rabi Sankar

by AIP Online Bureau | Jul 8, 2023 | Banking & Bancassurance, Indian News, Regulation, Risk Management

RBI deputy governor T Rabi Sankar said that trading in cryptocurrencies carried out by people is not a concern for the RBI, but private cryptocurrencies themselves are a problem area Mumbai: The Reserve Bank is looking at coming out with a regulation for fintech...
Google to set up its global fintech operations centre in Gift City: Pichai

Google to set up its global fintech operations centre in Gift City: Pichai

by AIP Online Bureau | Jun 24, 2023 | Eco/Invest/Demography, Indian News, Technology

Sundar Pichai,CEO,Google Google had announced a collaboration with Bengaluru-based Indian Institute of Science to collect speech data from 773 districts across India to fine-tune its language translation and search technology Washington: Internet giant Google will set...
Irdai to hold open house for insurtech, fintech on 15th of every month

Irdai to hold open house for insurtech, fintech on 15th of every month

by AIP Online Bureau | May 24, 2023 | Indian News, Life, Non-Life, Regulation

“It is expected that the solutions/ideas would help in increasing the insurance penetration in the country,” the Insurance Regulatory and Development Authority of India (Irdai) said in a statement Hyderabad: Regulator Irdai will hold an open house for the...
RBI allows 6 entities to test fintech products to deal with financial frauds under sandbox scheme

RBI allows 6 entities to test fintech products to deal with financial frauds under sandbox scheme

by AIP Online Bureau | Jan 7, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology

The six entities are — Bahwan Cybertek, Crediwatch Information Analytics, enStage Software (Wibmo), HSBC in collaboration with Wibmo, napID Cybersec and Trusting Social Mumbai: Six entities, including HSBC and Creditwatch, have been allowed to test their fintech...
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