The Reserve Bank of India (RBI) Governor Sanjay Malhotra unveiled two new UPI capabilities at GFF 2026: UPI 'Tap & Pay', which lets users make payments by unlocking an NFC-enabled smartphone and tappi…
India's National Payments Corporation of India (NPCI) is preparing a Unified Agent Protocol for UPI to allow AI agents to execute small digital payments without per-transaction user approval, accordin…
Elastic will host its first Elastic{ON} event in Mumbai on 30 September 2026, focusing on search, full-stack observability, and security as the foundation for agentic AI. The event comes as India's re…
Reserve Bank of India Deputy Governor Shirish Chandra Murmu said on Wednesday that artificial intelligence is essential for banking, but human judgment remains indispensable for implementation and spo…
Operators of India's Unified Payments Interface (UPI) platforms have privately warned the government that Anthropic's Mythos Preview, a frontier AI model, poses a rising security threat to the network…
Reserve Bank of India Governor Sanjay Malhotra urged lenders on Tuesday (Aug 11) to accelerate AI adoption by investing in technology and upskilling workers, while warning that AI use entails risks su…
Reserve Bank of India (RBI) Governor Sanjay Malhotra said at FIBAC 2026 on Tuesday that India must shape the artificial intelligence (AI) journey in banking rather than let it shape the sector by defa…
Indian banks increased cybersecurity spending in July 2026 as AI-driven cyber threats matured, with six of seven threats identified a year earlier becoming operational, according to the Digital Threat…
India's Nifty IT index surged 16.7% in July 2026, its best monthly showing in years, as global investors rotated away from AI-heavy stocks, while the Philadelphia Semiconductor Index tumbled 21% over …
ServiceNow invested $40 million in BusinessNext, an Indian banking software specialist, valuing the 24-year-old company at $700 million and taking a roughly 5% stake. The deal gives BusinessNext acces…
The Reserve Bank of India on June 24 published draft Guidance on Regulatory Principles for Model Risk Management that would require covered financial institutions to apply a board-approved framework t…
The Reserve Bank of India is pushing for a ban on banks and financial institutions holding or trading crypto assets, citing tax evasion and macroeconomic stability concerns. Internal documents reveal …
The Reserve Bank of India released a draft model risk framework mandating a 'kill switch' for AI models used by banks and financial entities, requiring documented human oversight, customer disclosure,…
Seeking Alpha rates SharonAI Holdings (NASDAQ:SHAZ) a Hold, citing a $2.2 billion contract backlog that has not yet converted to meaningful revenue. The company faces uncertainty over a $1.6 billion c…