Tag Archives: Machine Learning

CHENNAI The National Payments Corporation of India (NPCI) is piloting a ‘federated model’ in collaboration with banks to eliminate frauds using UPI transactions. India’s umbrella organisation for operating retail payments and settlement systems is also leveraging AI and machine learning tools to detect suspicious transactions through UPI. NPCI chief risk officer Viswanath Krishnamurthy said that NPCI and banks can share …

In the past few years, there has been a sudden rise in the use of artificial intelligence (AI) be it in one’s professional or personal lives. However, Infosys founder Narayana Murthy recently spoke about the rising AI trend in India and warned people against it, calling it “silly old programmes”.Murthy was speaking at TiE Con Mumbai 2025 on March 11 …

NEW DELHI: The statistics ministry must now shift focus to districts and unveil district-level socio-economic data, which can drive comprehensive improvements in outcomes, Amitabh Kant, India’s G20 Sherpa, said on Friday.“Whether it is district-level GDP, or district-level socio-economic data, the time has come to generate district-wise data for better targeting and design of policies,” Kant said at an event organised …