PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
12 Sep, 2026, 05.16 PM IST
The more AI banks deploy, the bigger the cyber battlefield getsIndian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financia...
12 Sep, 2026, 09.32 AM IST
Sitharaman calls AI a ‘double-edged sword’, urges soft-touch regulation and faster digital rupee pushFinance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a ...
11 Sep, 2026, 10.08 PM IST
Meet Vladimir Sklarov, who allegedly stole $450 million from a Mexican billionaire using the Astor family name and spent it on luxury villas and a châteauVladimir Sklarov is facing serious allegations after reportedly swindling a Mexican billionaire of $450 million by creating a fraudulent co...
11 Sep, 2026, 08.40 PM IST
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...
11 Sep, 2026, 05.07 PM IST
PayU launches AI-powered fraud protection for cross-border card paymentsPayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...
11 Sep, 2026, 03.28 PM IST
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...
11 Sep, 2026, 02.24 PM IST
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...
10 Sep, 2026, 06.28 PM IST
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...
10 Sep, 2026, 01.57 PM IST
‘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...
10 Sep, 2026, 11.36 AM IST
FATF issues global alert on money laundering and fraud risks in gaming, gambling; publishes new risk indicatorsThe FATF is alerting countries about criminal abuse in gaming and gambling sectors. Criminals use gambling platforms for money laundering a...
10 Sep, 2026, 09.04 AM IST
UIDAI using AI extensively to detect fraud: Chairman Neelkanth MishraUIDAI is extensively deploying Artificial Intelligence to detect and counter fraud effectively. Daily Aadhaar authentications have dramatic...
09 Sep, 2026, 09.36 PM IST
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...
09 Sep, 2026, 08.58 PM IST
UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...
09 Sep, 2026, 06.04 PM IST
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...
09 Sep, 2026, 03.23 PM IST
Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
08 Sep, 2026, 04.28 PM IST
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...
05 Sep, 2026, 08.12 AM IST