Stifling chokehold of rules, says NITI Aayog calling for deregulation
MediaNamaby Azdhan·28d ago
“The next generation of reforms has to be to liberate the industry and citizens at large from this stifling chokehold of rules, regulations, and permissions,” said Rajiv Gauba, a member of the...
NPCI Says AI Shouldn’t Approve UPI Payments at GFF 2026
MediaNamaby Anjali Tripathi·28d ago
An artificial intelligence (AI) agent may work out what a user wants. It should not be the thing that approves the payment.
UIDAI works on international Aadhaar POCs, Aadhaar Light
MediaNamaby Prabhanu Kumar Das·28d ago
The Unique Identification Authority of India (UIDAI) is working on proof-of-concept (POC) projects to enable international interoperability for Aadhaar, while also developing policy changes that...
J&K's Doda Imposes Two-Month VPN Ban Under Section 163
MediaNamaby Ann Mary Peter·28d ago
Authorities in Doda district, Jammu and Kashmir, have imposed a new two-month ban on Virtual Private Networks (VPNs).
Banks can’t outsource accountability for algorithmic decisions: RBI Deputy Governor - MEDIANAMA
MediaNamaby Azdhan·29d ago
“An institution may outsource the computation, but it cannot outsource the consequence,” said Rohit Jain, Deputy Governor, Reserve Bank of India, in a keynote address at Global Fintech Fest (GFF)...
PhonePe Gets UAE Licence for First Overseas Launch
MediaNamaby Amit Singh·29d ago
IPO-bound PhonePe is taking its payments business global. The fintech company has received its first overseas licence from the Central Bank of the UAE and will soon launch local operations in the...
GFF: Stablecoins pose sovereignty challenge, RBI adviser says
MediaNamaby Prabhanu Kumar Das·29d ago
“Let us see that sovereignty is not about resisting innovation or technology. We have to see that technological innovation is not interfering with our sovereignty,” said Dr Barendra Kumar Bhoi, who...
Visa calls for “AI in the loop” in cyber defence at GFF 2026 as India proposes human checks for AI payments - MEDIANAMA
MediaNamaby Anjali Tripathi·29d ago
Finding a weakness in a payment system and exploiting it took about a year and a half in 2016. It now takes under an hour, Visa’s Subra Kumaraswamy told the Global Fintech Fest.
RBI exploring gold tokenization, says its executive director at GFF
MediaNamaby Azdhan·29d ago
“There were some discussions yesterday. We were looking at gold tokenization as one more avatar that is being explored.
Amazon Pay Smart Wallet lets AI agents make UPI payments
MediaNamaby Amit Singh·29d ago
Amazon Pay on Wednesday introduced Smart wallet, a new offering that lets AI agents make UPI payments on behalf of users.
India Uses Trade Agreements to Ease Fintech Export Rules
MediaNamaby Anjali Tripathi·29d ago
India’s free trade agreements are being used to clear regulatory obstacles for fintech exports. That covers data flows, cloud computing and cybersecurity, Commerce Secretary Rajesh Agrawal said at...
Instagram suspends journalists accounts for MP child deaths report
MediaNamaby Rohit Singh·29d ago
“The Press Club of India strongly condemns the suspension of the Instagram accounts of three independent journalists following their ground reporting from Balaghat, Madhya Pradesh, on a public...
Researcher claims full access to Adalat AI systems
MediaNamaby Ann Mary Peter·29d ago
Cybersecurity researcher Nisarga Adhikary alleged that vulnerabilities in Adalat AI’s systems exposed its database, storage, infrastructure, credentials and private source code.
UIDAI launches face authentication SDK, testing sandbox at GFF 2026
MediaNamaby Prabhanu Kumar Das·29d ago
The Unique Identification Authority of India (UIDAI) launched a Face Authentication Software Development Kit (SDK) and a testing environment in its Aadhaar sandbox at the Global Fintech Fest 2026.
'No principles set in place for AI agents’, says a panel at Youth IGF
MediaNamaby Azdhan·29d ago
“There are no principles set in place specifically for AI agents,” said Gowree Gokhale, an independent lawyer, to MediaNama after a panel discussion on ‘Cybersecurity in the Age of AI’ at the Youth...
Maharashtra is working on a land tokenisation act: CM Devendra Fadnavis at GFF - MEDIANAMA
MediaNamaby Azdhan·29d ago
“We are now bringing into place the Architecture of Maharashtra Digitisation and Exchange of Land Token Asset Act, that is, the DELTA Act,” said Maharashtra CM Devendra Fadnavis at Global Fintech...
Meta launches Muse AI agent across apps; India left out
MediaNamaby Anjali Tripathi·29d ago
Meta has launched an AI agent that acts on a user’s behalf. Muse sends emails, fills in forms, negotiates and makes purchases, and keeps running after the app is closed.
Paytm to foray into enterprise AI with 'Paytm Intelligence' - MEDIANAMA
MediaNamaby Amit Singh·29d ago
Paytm is diversifying beyond its core payments and financial services business and expanding into enterprise AI.
Banned gender-test kits found on eBay, listings removed - MEDIANAMA
MediaNamaby Rohit Singh·29d ago
eBay offered gender-prediction kits for delivery to India, where the law bans prenatal sex determination, according to a Reuters review.
Modi urges fintech consumer protection index at GFF 2026
MediaNamaby Prabhanu Kumar Das·29d ago
Prime Minister Narendra Modi has called for a fintech consumer protection index that would give every company a transparent rating, making consumer protection, alongside cybersecurity and data...
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