Banks should employ advanced technologies such as AI and ML at the time of onboarding customers, as well as for real-time ...

The artificial intelligence or AI-driven fraud detection system will function as an early warning mechanism, alerting users ...

is reportedly looking to develop an AI-enabled system to alert individuals about real-time financial fraud. As per a Mint report, the Reserve Bank of India Innovation Hub (RBIH), an RBI subsidiary ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

With the rise in cybercrime, India is today ranked 10th on the World Cybercrime Index. Indians lost more than Rs 1,750 crore ...

Reports from the National Cyber Crime Reporting Portal show that hundreds of such fraud cases are reported daily. The RBI and the government have taken steps to block fraudulent accounts ...

India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that exceed the prescribed limit as foreign direct ...

Losses due to cyber fraud surged to ₹177.05 crore in FY24, up from ₹69.68 crore recorded the previous year FY24 saw a surge ...

RBI will cut rates in December by a quarter point ... "Our baseline view is predicated on the next GDP report due in late November falling well short of the committee's unusually rosy forecasts ...

Religare Enterprises, a financial services firm, has disclosed that the Reserve Bank of India (RBI) turned down its ...