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AI RISKS IN FINTECH
BFSI sector in no hurry to adopt complete automation: Perfios Group CEOThe BFSI sector adopts automation cautiously due to strict regulations and its conservative nature. Artificial general intelligence adoptio...
NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...
GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
Making people redundant is a no-win: Revolut India CEO on AI job cutsAs large private banks and financial institutions trim headcount to automate their workforce, Revolut’s Paroma Chatterjee believes it is cr...
Agentic payments could test India’s data-localisation rules: Cashfree’s Reeju DattaIndia's payment rules may require review as AI agents transact for consumers. Personal AI agents could store card credentials outside the c...
GFF 2026: After KYC, SBI chief flags ‘Know Your Agent’ as AI enters bankingAgentic AI's growing use in finance necessitates new checks beyond customer identification. Banks may develop a 'Know Your Agent' framework...
‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...
Fintech founders bet that the bot will become the buyerAgentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Cor...
Flipkart's new Minutes app; Anthropic employee sounds alarmFlipkart has launched a standalone app for its quick commerce unit Minutes. This and more in today’s ETtech Top 5.
GFF 2026: RBI flags speed, concentration, opacity as key risks as AI use grows in financeReserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key con...
Many billion-dollar fintech cos can emerge from India to serve global markets: Razorpay CEOWhile speaking during a session at Global Fintech Fest, Razorpay CEO Harshil Mathur cited the emergence of big tech from the US, like Googl...
GFF 2026: India should build fintech for the world, target $60-80 billion financial services exports, says Commerce Secretary Rajesh AgarwalIndia aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and profession...
If attackers are using AI, companies will have to use AI to defend themselves: Razorpay CEOCyber attackers are now using artificial intelligence to find system weaknesses. Companies must adopt AI-powered defenses to counter these ...
GFF 2026: The next breakthrough in responsible financial AI can be built in Mumbai, says Maharashtra CM FadnavisSpeaking at the Global Fintech Fest 2026, Maharashtra Chef Minister Devendra Fadnavis said that Mumbai could become a testing ground for ne...
PM Modi hails UPI at Global Fintech Fest 2026 in Mumbai, pitches non-payment transactions as fintech's next chapterPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He highlighted India's strong economic growth despite glob...
GFF 2026: PM Modi asks fintech industry to turn agentic AI, tokenisation, quantum potential into real-world impactPrime Minister Narendra Modi inaugurated the Global Fintech Fest 2026 in Mumbai. He urged the fintech industry to convert new possibilities...
Pine Labs appoints Jayaram Karthik its chief operations officerKarthik has held leadership roles at American Express, Citibank, Amazon, Tata, and Razorpay, where he worked on scaling operations, improvi...