As Indian households juggle multiple financial products and liabilities, innovative apps like FOLO and the Account Aggregator framework are making comprehensive net worth tracking more accessible, potentially transforming financial habits across the country. Many Indians can readily say what they…
MirrorFly introduces a Java-based Android video KYC platform that combines real-time checks with secure digital onboarding, enabling banks and fintechs to verify customers remotely with enhanced fraud prevention and compliance tools. Building a video KYC platform is increasingly about combining…
Jio Financial Services announces a strategic partnership with Bank of America, aiming to leverage global finance expertise alongside its expanding digital ecosystem and market presence in India. Jio Financial Services said its planned tie-up with Bank of America will bring…
Indian banks and non-banking financial companies are recalibrating their partnerships with fintech firms in response to the RBI’s new draft guidance and the Digital Personal Data Protection Act, signalling a major shift in industry compliance and funding trends. Banks and…
India has strengthened its cybercrime response through the Indian Cyber Crime Coordination Centre and innovative reporting portals, leading to significant financial recoveries and enhanced cross-border cooperation against cyber scams. India’s cybercrime response has evolved into a far more organised system…
Jumio introduces a live, continuous identity verification model designed to combat escalating AI-generated document forgeries, synthetic identities, and coordinated fraud rings, reflecting a shift from static checks to dynamic, signal-based approaches. Jumio is arguing that the old model of identity…
JioFinancial Services plans to integrate an AI-powered personal CFO and a membership programme into its JioFinance app, marking a significant push into personalised digital finance services with over 25 million users and faster asset growth. Jio Financial Services is preparing…
Ringg AI has raised an additional $10 million in its Series A extension, aiming to enhance its conversational AI platform and accelerate expansion into international markets, leveraging its advanced voice and chat agents. Ringg AI has raised $10 million in…
India’s enterprise AI market is shifting towards specialised vertical foundation models, promising cost efficiency and enhanced domain precision amid rising adoption of industry-tailored systems like Razorpay’s Vulcan and BharatGen’s language models. India’s enterprise AI market is beginning to split in…
Cashfree’s Relay employs AI agents to handle routine payment follow-ups for SMBs, aiming to enhance customer engagement and cut operational workload, with automation already in beta and built on secure in-house infrastructure. Cashfree is pitching Relay as an AI system…
Card91 introduces a five-point framework to help banks manage credit lines on India’s UPI network, ensuring compliance with RBI rules and fostering customer trust as UPI expands into a broader credit channel. CARD91 has introduced a five-point framework it says…
India’s telecom regulator TRAI is evaluating the possibility of reinstating the ability for users to ring back 1600-series numbers used by banks and financial firms, aiming to improve verification and reduce fraud amid ongoing regulatory debates and technical challenges. India’s…
