AePS users in a fix as banks set up guardrails to reduce fraud

Last-mile consumers who use AePS to withdraw DBT funds are finding their transactions failing over the last few months, as banks introduce strict checks to reduce fraud

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Mphasis launches AI unit to focus on business outcomes

Anup Nair, a veteran technology leader at Mphasis, will assume the role of chief architect and chief technology officer at Mphasis.ai.

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Apple India stores post sales record; PharmEasy breaches loan covenant; and Amazon’s ten-year India journey

Happy Thursday! Apple’s Mumbai and Delhi stores clocked record sales in their first month in India.

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Rohini Nilekani Philanthropies to invest $3 million in Centre for Digital Public Infrastructure

Rohini Nilekani Philanthropies will make the investment over two years through non-profit Co-Develop. The CDPI is currently engaged with five countries: the Philippines, Bangladesh, Rwanda, Kenya and Ethiopia.

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EU, US to ready voluntary AI code of conduct

After talks with EU officials in Sweden, US Secretary of State Antony Blinken said that the Western partners felt the "fierce urgency" to act following the emergence of the technology, in which China has been a growing force.

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Amazon workers stage walkout over company’s climate impact, return-to-office mandate

The lunchtime protest comes a week after Amazon's annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week.

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US FTC settles privacy lawsuit with Amazon.com's Ring

As part of the FTC agreement with Ring, which is good for 20 years, Ring is required to disclose to customers how much access to their data the company and its contractors have.

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