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OTP Bank to conduct digital upgrades causing temporary service outages in August

OTP Bank customers will experience two brief but separate outages in late August due to scheduled digital upgrades, affecting card payments and the Persely savings feature after a recent technical disruption. OTP Bank customers face two brief but separate service…

  • apxadmin
  • August 15, 2026
  • Fintech & Digital Money

Letsurety aims to lead digital revolution in India’s infrastructure surety bonds

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…

  • apxadmin
  • August 15, 2026
  • Fintech & Digital Money

Axle raises $17.5 million to automate insurance verification for industrial sectors

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…

  • apxadmin
  • August 15, 2026
  • Fintech & Digital Money

AI-driven security challenges emerge as financial firms enhance efficiency and combat cyber threats

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…

  • apxadmin
  • August 15, 2026
  • Fintech & Digital Money

WhatsApp tests AI-powered scam alerts to combat rising message fraud

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…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s refined fuel shipments to Russia signal a disruptive shift in global oil trade

India’s emerging role in supplying refined fuel to Russia challenges traditional energy flows, revealing deeper shifts amid sanctions and refinery disruptions. India’s refined fuel shipments to Russia point to a striking reversal in the global oil trade, but the picture…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s search for cheaper crude faces rising costs amid shifting trade routes

As West Asian conflicts reshape trade flows, India grapples with narrowing discounts on Russian oil and rising import costs, prompting diversification and strategic recalibrations. India’s hunt for replacement crude is getting costlier as the West Asia conflict redraws trade routes…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India aims to revolutionise its space industry with US collaboration and ambitious growth targets

India’s space sector is set to grow significantly, with policies supporting private firms and collaborations with the US, aiming to boost the market share from less than 2% to 10% in the coming years, underpinned by ambitious national programmes. India’s…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s wholesale inflation shows marginal decline amid cautious outlook for energy and manufacturing costs

India’s wholesale inflation rate edged down slightly in July, but economists warn that persistent energy and manufacturing cost pressures, along with global uncertainties, suggest a cautious economic outlook for the coming months. India’s wholesale inflation eased marginally in July, but…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

Founder-led brands thrive as consumers seek authenticity in a sceptical market

In India and beyond, founder-led brands are gaining traction by offering a human touch that counters declining trust and rising regulatory scrutiny, transforming the landscape of digital marketing and brand building. Founder-led brands are emerging as a powerful response to…

  • apxadmin
  • August 15, 2026
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