As India’s infrastructure projects surge, Letsurety positions itself to transform project security with innovative digital surety bond solutions, helping contractors optimise working capital amid rapid sector growth. India’s infrastructure build-out is creating fresh demand for financial tools that can protect…
Axle, an AI-native platform streamlining property and casualty insurance verification, secures $17.5 million to expand its coverage across more insurance lines and sectors such as auto retail and lending. Axle has raised $17.5 million in Series A funding, a vote…
While AI is transforming financial services through fraud detection and operational improvements, experts warn it also equips criminals with more sophisticated attack methods, prompting a reassessment of security strategies amidst rapid technological advancements. Artificial intelligence is already altering how financial…
WhatsApp is trialling a new on-device AI system that detects suspicious chats from unknown contacts, aiming to bolster scam prevention without compromising end-to-end encryption amid rising messaging fraud. WhatsApp is trialling a new scam warning system that uses on-device artificial…
After a dramatic valuation reset, the fintech sector is now channeling investments into AI infrastructure and payment systems, signalling a fundamental shift from consumer-facing innovations to backend financial gateways. Fintech’s investment story has changed sharply over the past four years.…
A new study uncovers how India’s young salaried population prioritises recurring expenses like bills and groceries over spontaneous lifestyle spending, driven by widespread UPI adoption. Gen Z’s online image may suggest a generation splashing out on cafés, travel and impulse…
Newtap Finance secures an ‘A’ rating from Crisil amidst expansion, marking a strategic milestone that could lower borrowing costs and attract more investors in India’s dynamic non-banking financial sector. Newtap Finance has been upgraded to an “A” rating by Crisil…
Suralink enhances its Agent Library with AI-driven tools like a Document Pre-Screen Agent, aiming to streamline audit engagements by catching missing or incorrect documents earlier and reducing manual checks for accounting firms. Suralink has expanded its Agent Library with a…
Venture funding for Indian startups declined sharply in mid-August, with only one major deal providing a rare bright spot amid cautious investor sentiment and limited large-ticket transactions. Venture capital funding for Indian startups cooled sharply in the second week of…
Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan launches a CBDC-based direct benefit transfer pilot in Chandigarh, aiming to make food subsidies faster, safer, and less prone to misuse, with potential for wider rollout across India. Union Agriculture and…
As instant payments become the norm, fintech firms are adopting continuous, automated reconciliation systems to improve accuracy, reduce costs, and gain better control over transaction data amidst rising volumes and system complexities. Real-time payment reconciliation is moving from a back-office…
Hyderabad-based Nihar Info Global expands its GoldnSilver.shop platform, integrating bullion trading with digital assets, ETFs, and lending to meet rising investor demand for flexible gold and silver ownership in physical and digital forms. Nihar Info Global is broadening its GoldnSilver.shop…
