Mumbai-based Ionic Wealth launches AI-powered feature enabling investors to view personalised portfolio insights based on two decades of transaction history, signalling a shift towards more tailored, real-time wealth advice in India. Ionic Wealth has launched a new AI feature that…
ICICI Bank appears to support UPI for Hindu Undivided Family savings accounts, but customers face procedural nuances at branch level and app setup, highlighting evolving digital banking integration for shared family finances in India. ICICI Bank customers who hold a…
India’s expanding digital economy faces new risks from AI-driven scams, prompting authorities to emphasise AI literacy as a crucial layer of cybersecurity amidst escalating fraud cases and sophisticated impersonation techniques. India’s cyber authorities are increasingly treating AI as more than…
As digital commerce evolves, companies are adopting hybrid payment solutions, using gateways for online sales and links for quick, informal transactions, to optimise cash flow and customer experience. For many businesses, the real choice is not between a payment gateway…
The Reserve Bank of India aims to standardise and simplify loan rate setting across the financial sector, enhancing transparency and comparability for borrowers, amid recent reforms and efforts to broaden access to banking services. The Reserve Bank of India has…
Anthropic plans to handle some Claude requests within India using Amazon Bedrock, offering businesses a way to deploy AI tools in compliance-heavy industries and strengthening its foothold in the rapidly growing Indian market. Anthropic is preparing to let some Claude…
The Indian government is exploring the possibility of levying charges on certain high-value UPI payments, primarily affecting merchants, as part of a proposed legislative change that could reintroduce merchant discount rates and alter the landscape of digital transactions in the…
As central banks explore the development of digital currencies, the key debate centres on the design choices that will shape privacy, control, and the future of banking, rather than the technology itself. Central bank digital currencies are often presented as…
Insurers are leveraging AI-driven platforms to transform complex policy data into clear, personalised product recommendations, tackling longstanding challenges in sales and service accuracy. Insurers have spent years building richer pictures of their customers, from spending habits to buying signals and…
The Reserve Bank of India is set to announce a revised, principles-based framework for categorising non-banking financial companies into upper, middle, and lower layers, impacting supervision, capital requirements, and market access for major lenders like Tata Sons. The Reserve Bank…
