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New risks emerging in market with rapid tech adoption: Sebi

Sebi Chairman Tuhin Kanta Pandey warned of new risks in India’s securities market due to increased reliance on third-party and cloud services. He emphasized that technological leaps, while beneficial, also bring cybersecurity threats with potential systemic disruptions. Sebi has implemented a comprehensive framework to enhance cyber resilience among regulated entities, stressing it’s an ongoing process.

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UK govt backing allowed JLR to focus on swift recovery, says trade secretary Kyle

Jaguar Land Rover is recovering from a cyberattack that disrupted global production, with operations resuming this week. The UK government’s 1.5-billion-pound loan guarantee is supporting the company’s supply chain and recovery efforts. Production of the Range Rover Sport model is set to restart as systems are brought back online.

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Now UPI can be authorised with device biometric scanner

The Department of Financial Services secretary unveiled three new digital payment features at the Global Fintech Fest 2025. These innovations include on-device biometric authentication for UPI, Aadhaar-based face authentication for PIN management, and cash withdrawals via micro ATMs using UPI. These advancements aim to simplify and broaden access to digital payments, particularly in rural and

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Pool of credit-worthy Indians needs to expand: Niti Aayog chief

Niti Aayog CEO BVR Subrahmanyam highlighted India’s need to expand its credit-worthy population to achieve its developed nation goals by 2047. He emphasized technology and fintech’s crucial role in addressing immense credit gaps for women, MSMEs, and youth, leveraging alternative data and digital ecosystems.

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Perfios partners NeSL to provide lenders early signs for borrower stress using AI

Perfios and NeSL have joined forces. They will use AI and smart data to spot early signs of loan repayment trouble. This partnership aims to make lending safer and faster for banks. It will help reduce defaults and increase credit access. Lenders can now perform deeper checks and get early warnings.

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