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AI boosts insurers' ability to translate product knowledge into personalised sales conversations

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…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

RBI’s new rule-driven classification system may reshape India’s shadow lending landscape

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…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

India’s UPI system faces renewed debate over possible merchant charge proposal

India’s prominent digital payment system, UPI, is under renewed scrutiny as policymakers consider introducing merchant charges for transactions above Rs 2,000, signalling a potential shift in the country’s zero-MDR regime amidst ongoing industry cost concerns. India’s UPI system, which has…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

CoinSwitch enhances trading efficiency with new TradingView broker integration for Indian crypto traders

CoinSwitch’s new partnership with TradingView simplifies crypto futures trading for Indian users, bridging technical analysis with execution on the same platform amid increasing professionalisation and competitive costs. CoinSwitch has become a TradingView broker partner, giving its users a direct route…

  • apxadmin
  • August 5, 2026
  • Tax, Laws & Money Explained

EPFO's new Service History feature aims to streamline old provident fund records and prevent claim delays

The Employees’ Provident Fund Organisation has launched an upgraded portal with a Service History tool to help workers identify and link multiple old PF accounts, reducing administrative hurdles during transfers and pension claims. Employees who changed jobs before the Universal…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

India considers levying fees on large UPI transactions to recover digital payment costs

India is contemplating a landmark shift in its digital payment landscape, potentially allowing banks and firms to charge fees on high-value UPI transactions, signalling a new phase in the country’s cashless ecosystem. India may be edging towards a small but…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

India's Sarvam aims to create trillion-parameter AI model, challenging global giants

Sarvam co-founder Pratyush Kumar announces plans to develop a trillion-parameter AI model in India, signalling a shift towards domestic AI infrastructure and reducing reliance on imported systems. At Epoch 2026, Sarvam co-founder Pratyush Kumar said the company was building a…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Agentic payments move beyond proof of concept as focus shifts to transaction authorisation

As AI-driven agentic payments gain serious funding, industry leaders emphasise the importance of robust authorisation, governance, and auditability to trust and operate these innovative transactions. Agentic payments are no longer just a proof of concept. As the sector starts to…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Sarvam AI secures $75 million funding from Nvidia to develop India’s first trillion-parameter foundation model

Indian startup Sarvam AI raises $75 million in Series B funding, with Nvidia among backers, to build a pioneering trillion-parameter AI model in India, signalling a significant step towards indigenous frontier AI development. Sarvam AI has raised $75 million in…

  • apxadmin
  • August 5, 2026
  • Fintech & Digital Money

Diesta enhances insurance payments with J.P. Morgan’s Kinexys Liink confirm for improved payee verification

Diesta integrates Kinexys Liink Confirm, a blockchain-based payee verification tool from J.P. Morgan, to streamline cross-border insurance payments, reduce errors, and enhance operational efficiency across multiple countries and currencies. Diesta has added Kinexys Liink Confirm, a payee verification tool from…

  • apxadmin
  • August 5, 2026
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