'Money mule' bank accounts on the rise in India: Report

IANS | February 21, 2024 2:53 PM

New Delhi, Feb 21 (IANS) Banks in India need to bolster their fraud defences as the number of mule accounts surge and third-party account takeover fraud (55 per cent of all frauds in the country) represents a bigger threat than social engineering scams, a report showed on Wednesday.

Why are millennials, Gen Z people obsessed with biohacking?

IANS | February 20, 2024 7:13 PM

New Delhi, Feb 20 (IANS) A desire for self-optimisation, natural curiosity, and being tech-savvy makes millennials, Gen Z people obsessed with 'biohacking' - a wellness trend that seeks to enhance people's lives by optimising bodies, behavioural experts said on Tuesday.

Fintech platform Xalts acquires Contour Network to create ‘Plaid for Trade’

IANS | February 20, 2024 2:52 PM

Singapore, Feb 20 (IANS) Accel and Citi Ventures-backed fintech Xalts, used by financial institutions and businesses to build and manage digital finance applications, on Tuesday announced the acquisition of Contour Network, owned by a consortium of global banks, to accelerate digitisation in trade and supply chain finance.

Deepfakes surge ahead of general elections in S. Korea

IANS | February 19, 2024 9:19 AM

Seoul, Feb 19 (IANS) With less than 50 days remaining until South Korea's parliamentary elections in April, concerns over the proliferation of artificial intelligence (AI)-generated deepfake videos and images are mounting, prompting heightened vigilance from election authorities.