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DATA ACCOUNTABILITY IN FINANCE
With AI handing down verdicts, India's lenders ask who signs off on it: ReportFinancial data moves rapidly through India's Account Aggregator ecosystem. Automated systems now process millions of data fetches each seco...- Alpaca eyes 10x growth in India assets as GIFT City partners near launchYokokawa said Alpaca’s global AUC has been more than doubling year on year, while India AUC could expand “at least 10x” over the coming yea...
- Credit, savings, insurance next frontiers in financial services: RBI DGRBI deputy governor Shirish Chandra Murmu highlighted extending digital payment success to credit and insurance. Technology must expand for...
- GFF 2026: AI adoption is no longer a choice; responsible adoption is, says FM SitharamanFinance Minister Nirmala Sitharaman stressed responsible AI adoption over avoidance. Institutions must manage AI risks and avoid legacy sys...
- GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
- Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
- Mastercard’s AI Garage is building products for the world in India: Nitendra RajputMastercard's AI Garage in India builds global payment network products. It uses machine learning and data science to secure payment network...
- GFF 2026: India's fintech transformation a result of innovation, inclusion & trust coming together, says RBI's Sanjay MalhotraMalhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well serv...
- Indian banks' names keep fading from your loan documentsThe landscape of retail lending is shifting as non-bank lenders swiftly embrace smaller ticket personal and consumer durable loans. NBFCs a...
- India economy to regain its mojo, return to current account surplus: NITI Aayog's LahiriNITI Aayog Vice Chairman Ashok Kumar Lahiri stated the Indian economy is performing reasonably well. He anticipates the nation will soon ac...
- 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: 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...
- India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
- Global Market: Record UK gilt yield raises fiscal pressure ahead of October BudgetBritain sold £4.25 billion of 30-year gilts at a record-high yield of 5.8168%, underscoring rising borrowing costs and fiscal pressures. De...
- 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...
- Amazon, Flipkart's multi-front war; India set for more GCCsHappy Wednesday! Amazon and Flipkart have broadened their bets as quick commerce platforms chip away at their share of user base. This and ...
- B2B startup Fundly.ai raises $4 million led by Accel, MultiplyMumbai-based B2B pharma distribution platform Fundly.ai has raised $4 million from existing investors Accel and Multiply, along with ventur...
- New GDP series reflects better data, methods: MoSPIThe Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodol...
- Funding skew deepens in microfinanceLarge microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during un...
- Every fourth Jan Dhan account inoperative; 5.72 crore have zero balance: RTINearly 5.72 crore Pradhan Mantri Jan Dhan Yojana accounts currently hold zero balances. Over 15 crore accounts under the scheme are classif...
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