Tag: Financial services

CSM Technologies Achieves ISO/IEC Certification, Formalises AI Governance Framework Across GovTech Portfolio

The independent certification covers CSM's AI, machine learning and generative AI solutions, and comes as clients and regulators worldwide push for stronger AI oversight CSM Technologies Limited, a Bhubaneswar-headquartered GovTech and enterprise IT solutions company, has been certified to ISO/IEC 42001:2023, the world's first international standard for Artificial Intelligence Management Systems (AIMS). The certification follows an independent audit and covers the company's end-to-end technology services....

Can UPI Become the Native Payment Interface for Billions of AI Agents?

By Vijeth Shivappa As AI agents begin searching, negotiating and purchasing on behalf of people and enterprises, the strategic question is no longer whether machines will transact—but how human authority, payment execution and accountability will be connected. Artificial intelligence is rapidly moving beyond answering questions and generating content. The next phase of AI will involve autonomous agents that search for products, negotiate with service providers, book...
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Banks Accelerate AI Investment in Compliance as Agentic Systems Take Shape

Compliance and risk teams have emerged as the primary drivers of artificial intelligence investment across banking institutions in 2026, signaling a fundamental shift in...

GIFT City Partners with ANSR to Strengthen GCC Ecosystem in India

Gujarat International Finance Tec-City Company Limited (GIFTCL) and ANSR Global Corporation have signed a strategic MoU to expand the Global Capability Centre (GCC) ecosystem...

Vanguard Opens Global Capability Centre in Hyderabad, To Create 2,300 Jobs

Global investment management leader Vanguard has inaugurated its first Global Capability Centre (GCC) in Hyderabad, marking a major milestone in the company’s international expansion...

HCLTech Finds AI Trust and Readiness Gaps in Payments Sector

HCLTech’s latest industry report reveals a paradox at the heart of the payments sector: while nearly every firm uses AI in some form, very...

HSBC Quantum Pilot Boosts Bond Trading Accuracy

HSBC has announced the successful completion of a quantum computing pilot with IBM, reporting a 34% improvement in predicting bond trade execution compared to...

NITI: AI Could Add $600B to India’s GDP by 2035

India could unlock an additional $500–600 billion in GDP by 2035 through accelerated AI adoption, according to a new report released by NITI Aayog....

Vietnam Probes Cyberattack on Credit Bureau CIC

A major cyberattack targeting Vietnam’s National Credit Information Center (CIC) has raised concerns about financial data security, with authorities confirming signs of unauthorized access...

Rachita Kapoor: Zero-Trust and the Evolution of Security Audits

With financial services being a high-risk sector, the importance of security audits, regulatory frameworks, and evolving defense strategies has never been greater. In an...

EY and NVIDIA Launch AI Agentic Platform

EY has launched the EY.ai Agentic Platform, a cutting-edge AI-driven enterprise solution built in collaboration with NVIDIA. Designed to enhance tax, risk, and finance...

Patanjali, DS Group Acquire Magma Insurance

Patanjali Ayurved and Dharampal Satyapal Group (DS Group) have acquired a 98% stake in Magma General Insurance for ₹4,500 crore, marking a significant expansion...

PB Fintech to Invest ₹696 Cr in PB Healthcare

PB Fintech Ltd., the parent company of insurance brokerage platform Policybazaar, has announced a ₹696 crore investment into its subsidiary PB Healthcare Services Pvt...

Bharti Airtel and Bajaj Finance Partner for Digital Financial Services

Telecom giant Bharti Airtel has announced a strategic partnership with Non-Banking Financial Company (NBFC) Bajaj Finance to create a comprehensive digital platform for financial...