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AI SYSTEMS ACCOUNTABILITY
GFF 2026: FM Sitharaman on India’s tech leap, demographic dividend, AI risks and road to global scaleGlobal Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the country’s young population...- Govt official listened to all mobile calls, read every text across the country using Claude says Anthropic; detailed records kept on people seen as possible targetsAnthropic has said a consultant working for Malian national security authorities used Claude to build a mass-interception platform capable ...
- India’s banks could turn legacy tech into an AI advantage: BCGIndian banks may transform legacy systems into an AI advantage. Institutions with fewer old systems can directly adopt AI-first operations....
- AI has increased work, not replaced jobs at Policybazaar, says CTO Bibhu KrishnaPolicybazaar's chief technology officer states AI writes most of its code. This AI assistance has doubled production releases and expanded ...
- GFF 2026: Scindia pitches ‘digital trinity’ of connectivity, compute and trust for AI economyGFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networ...
- 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...
- ET AI Hackathon: Agentic Edition - Accenture joins The Economic Times to champion the next generation of AI innovatorsAs AI systems move from generating responses to taking action, the skills required to build them are changing. With Accenture joining The E...
- 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...
- Falcon launches MerlinFX AI agents to automate banking transactions in real-timeFalcon has launched MerlinFX, embedding AI agents directly into banking transaction systems. These agents automate tasks like reconciliatio...
- GFF 2026: Axis Bank, J.P. Morgan see banking move from AI that knows customers to AI that actsBanks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking s...
- Your bank account could one day become an AI agent: Perfios Group CEO Nitin ChughBank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions...
- Only 22% Indian firms have AI governance despite 119% investment surge: ReportEnterprise AI investment in India has surged significantly over the past year. However, a concerning gap exists between capital deployment ...
- Data centres are coming. Where will India find the people to run them?India's data centre capacity is set to grow significantly by 2030. This expansion will create numerous jobs across various sectors, includi...
- India’s AI spend set to cross 21% of IT budgets by 2027: ServiceNowIndian AI investment surged significantly, outpacing global growth rates. However, widespread AI readiness and risk assessment processes re...
- True Balance scores 100% of loan applications with AI, looks beyond credit bureaus to curb defaultsTrue Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...
- AI could pose 'existential' risk to humanity, UN rights chief warnsUN rights chief Volker Turk warned that artificial intelligence poses an existential threat. He called for "cast-iron guarantees" to ensure...
- AI fuels low-value cybercrimes, use of 'salami slicing'The rise of low-value cybercrimes is alarming, as scammers increasingly focus on individuals rather than systems. Driven by AI and the digi...
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