Tag: insurance

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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Aviva India Fined $7.5M for Tax Evasion

Aviva India, the local arm of the British insurance giant, has been hit with a $7.5 million penalty after tax authorities uncovered fraudulent tax...

IRDAI Sets April Launch for Bima Vahak Initiative

The Insurance Regulatory and Development Authority of India (IRDAI) has announced that the Bima Vahak initiative, a women-centric insurance field force, will have a...

Upstox Enters Insurance Distribution with HDFC Life as First Partner

Fintech platform Upstox has announced its entry into the insurance distribution sector. This move marks a significant expansion of Upstox's services. By entering the...

Financial Instruments: Safeguarding Success Through Strategic Risk Management

In the dynamic landscape of finance, risk management stands as a cornerstone for ensuring the stability and longevity of businesses. Within this realm, leveraging...