February 7, 2025

India to launch new domain name for banks to fight digital fraud

India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new domain, the Reserve Bank of […]

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Technology

House GOP discusses use of robot dogs to patrol US borders

June 28, 2023

The United States Department of Homeland Security caused a stir last February when it revealed that it was exploring deploying robot dogs on the U.S./Mexico border. “The southern border can be an inhospitable place for man and beast, and that is exactly why a machine may excel there,” the DHS’s Brenda Long said at the […]

House GOP discusses use of robot dogs to patrol US borders by Brian Heater originally published on TechCrunch

Open finance heralds a new era

June 28, 2023
Open banking, which allows consumers to securely share their banking data with third-party providers (TPPs), continues to transform financial services. A new generation of financial technology (fintech) companies—peer-to-peer payment services, mobile banking apps, and trading platforms—offer consumers powerful tools to manage their money and extend their banking capabilities. According to the online data platform Statista,…

Humans may be more likely to believe disinformation generated by AI

June 28, 2023
Disinformation generated by AI may be more convincing than disinformation written by humans, a new study suggests.  The research found that people were 3% less likely to spot false tweets generated by AI than those written by humans. That credibility gap, while small, is concerning given that the problem of AI-generated disinformation seems poised to…

Quandri raises $8.5M Series A to bring process automation to insurance brokers and agencies

June 28, 2023

Robotic process automation (RPA) has been a buzzword for a while now, but most of these tools that try to help businesses automate their workflows tend to be generalists. Quandri, a Vancouver, Canada-based startup, is taking a very different approach with its digital workers for the insurance industry. The company today announced that it has […]

Quandri raises $8.5M Series A to bring process automation to insurance brokers and agencies by Frederic Lardinois originally published on TechCrunch

Empowering Asia’s citizens: The generative AI opportunity for government

June 28, 2023
In a recent speech, Microsoft CEO Satya Nadella evoked the lofty power of artificial intelligence (AI) to accelerate progress, prosperity, and standards of living. “This technology reaches everyone in the world,” he said. Generative AI takes an idea born in tech communities such as Silicon Valley and Tel Aviv—the ability of algorithmic engines to synthesize…

AI gains momentum in core financial services functions

June 28, 2023
With 2.5 billion payment cards used in more than 200 countries and territories across the globe, Mastercard faces a gigantic fraud risk. Credit card fraud accounted for more than $32 billion in losses—or about 6.6 cents per $100 in transactions—in 2021, with more than one-third occurring the U.S., according to a December 2022 Nilson Report…

The Download: introducing the Accessibility issue

June 28, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Introducing: the Accessibility issue When it comes to thinking about accessibility, so many of the dominant stories around technologies for disability, access, and mobility paint them as objects of empowerment or heroic, life-changing…

Ramon.Space wants to take on-orbit computing infrastructure to the next level

June 28, 2023

The commercial space industry is populated with new services and applications that would’ve been unimaginable even twenty years ago. None of this new activity would be possible without a robust computing infrastructure – including processors and storage systems – that ensure that satellites can communicate with Earth, and to each other. But there are limitations […]

Ramon.Space wants to take on-orbit computing infrastructure to the next level by Aria Alamalhodaei originally published on TechCrunch

Shein’s charm offensive is off to a rocky start

June 28, 2023
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Shein is launching a charm offensive. The once-obscure Chinese fast-fashion website has become increasingly mainstream. And to respond to accusations of terrible labor conditions, the company is now inviting US influencers to its operations in…

Gleamer, which provides AI software for radiologists, raises $29.5M

June 28, 2023

Gleamer, a five-year-old French startup that has developed AI software to help radiologists diagnose and detect bone trauma lesions in scans among other conditions, has raised €27 million ($29.5 million) in a Series B round of funding. Founded in 2017, Gleamer’s core flagship BoneView software, which it touts as an “AI companion for bone trauma […]

Gleamer, which provides AI software for radiologists, raises $29.5M by Paul Sawers originally published on TechCrunch