Wednesday, May 24, 2023

Banks, lenders wary as RBI tags C-KYC high risk; Snap bulking up India team in monetisation push

Centralised Know Your Customer (C-KYC) database, which was conceived as a solution to KYC challenges faced by financial institutions, has been flagged as high risk by the Reserve Bank of India, making lenders wary. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/VRXvMGe

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...