India's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...

India's government plans to expand Cersai's database for better financial risk monitoring. This initiative aligns with the phased rollout o...

As large private banks and financial institutions trim headcount to automate their workforce, Revolut’s Paroma Chatterjee believes it is cr...

Indian financial institutions are deploying artificial intelligence across many operational areas. These deployments show productivity gain...

What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...

In an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...

Paytm shares surged on Wednesday, as investors welcomed the company’s push into enterprise AI, marking an expansion beyond its core payment...

India's Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at ...

Without maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...

Kroger customers may receive a share of a proposed $17 million class-action settlement. This settlement addresses allegations of overchargi...

SIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...

The financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...

The report said AI is being embedded across underwriting, customer service, fraud detection, claims processing and internal operations. Ins...

Insurer rejected Rs 50 lakh claim after man’s death: A consumer commission has directed Cigna TTK to pay Rs 50 lakh after finding that the ...

Motor insurance policyholders will receive broader occupant protection following a Supreme Court ruling. The court directed the insurance r...

Motor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressur...

A court in Canada has given the green light for an $8.7 million settlement arising from a privacy breach that occurred in 2020. Canadians w...