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FRAUD SURVEY
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...- Booked flats in 2005, still awaiting possession: Builder ordered to pay 10.05% interest to homebuyers for nearly 20-year delayThe Bombay High Court, in its ruling, said a builder can’t indefinitely retain purchasers’ money while failing to deliver homes. For the de...
- 84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- Supreme Court: Court appointed amicus curiae seeks direction to MCD on action taken against illegal constructionsA court-appointed amicus curiae has approached the Supreme Court for urgent intervention. This follows a building collapse in Saidulajab, D...
- Financial fixes and high-yield savings: Are you missing the easiest ways to save more and spend less?More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financi...
- Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...
- BFSI firms set to see AI-led decision-making and real-time fraud detectionHowever, before large-scale adoption, companies need to address challenges around AI governance, infrastructure, and security
- BFSI firms set to see AI-led decision making & real-time fraud detectionIndian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopte...
- Trump-endorsed Paxton topples Cornyn in TexasKen Paxton secured the Republican Senate nomination in Texas, defeating incumbent John Cornyn with President Trump's endorsement. Paxton's ...
- Retail investing has surged in India, but rural participation remains low, says Sebi Chief Tuhin Kanta PandeyIndia's securities markets have seen substantial growth. Retail investor numbers have surged, and market capitalization has climbed signifi...
- HDFC AMC reports cyber-security incident, activates containment protocolsHDFC AMC has reported a cyber-security incident. An anonymous source claimed access to its IT systems. The company is assessing the impact....
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- Mobile money doubles to $2 trillion in 4 years as digital payments surge globally: ReportGlobal mobile money transactions surpassed $2 trillion in 2025, doubling in value within four years. This growth is fueled by increased use...
- Dating in the time of AI: Are you swiping right on a guy, girl, ChatGPT, or Gemini?AI is reshaping online dating, with many users now relying on tools to craft bios, messages and even real-time conversations, often creatin...
- 10 retirement mistakes you must avoid for a safe and stress-free futureMany people make simple retirement mistakes without knowing the risk. Poor planning, late saving, scams, and wrong money decisions can crea...
- Chatbots at the ballot box: AI skirts Brazil election rulesBrazil's electoral court banned AI chatbots from offering voting tips for the upcoming presidential election, aiming to prevent disinformat...
- EU to soon roll out age-check app for social media where India could be looking to followEuropean Union is launching an age-verification app to shield children online. India's Karnataka state has banned social media for under-16...
- Banking sector frauds have gone up by over 10%: DeloitteThe 'Deloitte India Banking Fraud Survey Report Edition II' was based on the survey of 44 public, private and foreign banks.
- Corporate India lax in spotting cheats, checking fraud: SurveyIn a KPMG survey, 75% respondents felt corporate fraud was on the rise. Yet, 41% conceded their organisations did not have a framework to c...
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