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RBI Selects Six Fintechs To Tackle Financial Fraud

RBI has selected six fintech entities as part of a regulatory sandbox initiative that aims to prevent and mitigate financial fraud. 

Six entities get nod to test products for curbing frauds

Six entities, including HSBC and Creditwatch, have been allowed to test their fintech products to prevent and mitigate financial fraud as part of the fourth cohort under the RBI’s regulatory sandbox scheme.

Crediwatch predicts reduction in impact of COVID-19 in urban Bengaluru

Crediwatch predicts reduction in impact of COVID-19 in urban Bengaluru Crediwatch predicts reduction in impact of COVID-19 in urban Bengaluru 24 May 2021 | News Bengaluru can breathe easier again as model predicts shortages to go away A 15-day forecast starting May 21 predicts the impact of Covid-19 in Bangalore City (Bengaluru Urban) will be reduced. Bangalore is currently the epicentre of India’s ongoing second wave, an outbreak featuring the most infectious strains of the virus thus far. The forecasting model by Crediwatch Information Analytics, a Bengaluru-based data science and technology company, will come as relief to the city’s overburdened healthcare sector that has been fighting at the front lines of the pandemic.

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