Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Overcoming Regulatory Hurdles for Fintech Startups in XRP’s Journey to Independence

September 17, 2025

Time for a set of reforms to enhance the fintech sector’s efficiency, inclusivity, and resilience against risks

September 17, 2025

Startup Fintech Pélocaux Secures 5 Minutes of Series A Funding

September 17, 2025

Workfusion raises $45 million to enhance financial crime compliance.

September 17, 2025
Facebook X (Twitter) Instagram
Trending
  • Overcoming Regulatory Hurdles for Fintech Startups in XRP’s Journey to Independence
  • Time for a set of reforms to enhance the fintech sector’s efficiency, inclusivity, and resilience against risks
  • Startup Fintech Pélocaux Secures 5 Minutes of Series A Funding
  • Workfusion raises $45 million to enhance financial crime compliance.
  • Google integrates Stablecoin payments into AI applications through partnership with Coinbase.
  • Stamford investment firm secures $52 million for New York fintech startup
  • Funding for AI Agents for Financial Teams Grows by $55 Million
  • The Fintech Pelocal startup raises $5 million in Series A funding.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    AI-powered fintech job platform Finjobsly.com Launches

    September 16, 2025

    FCCPC recoups 10 billion naira for harmed customers after grievances against banks and fintech companies

    September 11, 2025

    Hyderabad Fintech Viyona secures NPCI approval to function as a third-party application provider.

    September 11, 2025

    Klarna IPO Valuation Analysis in the US Banking Sector

    September 2, 2025

    Robinhood’s IA Investing Tool Digests Launches in the UK

    August 27, 2025
  • AI

    Workfusion raises $45 million to enhance financial crime compliance.

    September 17, 2025

    Google integrates Stablecoin payments into AI applications through partnership with Coinbase.

    September 17, 2025

    Funding for AI Agents for Financial Teams Grows by $55 Million

    September 16, 2025

    Payhawk enhances AI finance orchestration with an updated version

    September 16, 2025

    The Openenvoy AI platform achieves 90% automation in finance and expands the leadership team.

    September 16, 2025
  • Acquisitions

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025

    Overview of Acquisitions for US Fintech Companies from the Clifford Chance Guide

    September 2, 2025

    Dentons guides PEAC Solutions in acquiring Fintech Topi

    August 29, 2025

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025
  • Trends

    Overview of the Size, Trends, Growth Drivers, and Key Players in India’s Fintech Sector

    September 5, 2025

    SEF – Wits Global Fintech Conference 2025 Investigates Worldwide Fintech Trends

    September 4, 2025

    The impressive results of PB Fintech underscore the contrast with overall market trends.

    September 4, 2025

    South Korea’s Fintech Market Overview, Trends, and Growth Predictions

    August 30, 2025

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025
  • Insights

    Time for a set of reforms to enhance the fintech sector’s efficiency, inclusivity, and resilience against risks

    September 17, 2025

    A brief overview of the upcoming weekly updates in fintech

    September 12, 2025

    Kapital is the final unicorn in Mexico valued at over $1 billion.

    September 5, 2025

    Canton RestitySteve Forbes and Peter Schiff Headline New Fintech.tv Series Riding Bulls and Taming Bears Led by David Stryzewski New York, NY / Access Newswire / August 25, 2025 / Fintech.tv has unveiled the debut of Bulls and Taming Bears, a series focused on market analysis and…

    August 28, 2025

    Steve Forbes and Peter Schiff Launch New Fintech.tv Series “Conquering Market Fluctuations” by David Stryzewski – Azentral | The Republic of Arizona

    August 28, 2025
  • Rumors

    Pi Network price hits a new all-time low amid delimitation speculation on OKX and Mexc.

    September 11, 2025

    Tether’s Bitcoin Sale for Gold: CEO Paolo Ardoino Shares the Facts

    September 8, 2025

    Buffalo Sabers encouraged to trade former first-round pick Isak Rosen amid challenges

    September 7, 2025

    Wise aims to establish itself as a bank in the UK.

    September 7, 2025

    Is Trump deceased?

    September 6, 2025
  • Startups

    Overcoming Regulatory Hurdles for Fintech Startups in XRP’s Journey to Independence

    September 17, 2025

    Startup Fintech Pélocaux Secures 5 Minutes of Series A Funding

    September 17, 2025

    Stamford investment firm secures $52 million for New York fintech startup

    September 17, 2025

    The Fintech Pelocal startup raises $5 million in Series A funding.

    September 16, 2025

    Reasons Dogecoin is not a good payment option for fintech startups

    September 16, 2025
  • finjobsly
fintechbits
Home » Inter-ministerial team to govern AI proposed – Technology News
AI in Finance

Inter-ministerial team to govern AI proposed – Technology News

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Ai.reuterss.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

A panel appointed by the Ministry of Electronics and IT (MeitY) has recommended an inter-ministerial or whole-of-government approach to governing artificial intelligence (AI).

Indeed, according to the panel, a collaborative and coordinated approach from different regulators can enable them to be more efficient and effective, given the complexity likely to be involved in managing large-scale AI systems .

The committee said the committee could be headed by the chief scientific advisor and include representatives from all ministries. Even unofficial members could include people who can represent the interests of AI developers, AI deployers, data providers, data stewards and end users – so that perspectives from the overall ecosystem can be taken into account, according to a panel report.

bank, committee of creditors, CoC, IBBI, NCLT, National Company Law Tribunals, Lanco Amarkantak Power, Coastal Energen,

A slew of laws expected to be passed in 2025 to address insolvency

AI, technology, technology, intellectual property, IP, semiconductors, GAC, Digital Personal Data Protection, DPDP

Tech Landscape: AI Regulation and Chip Push Take Center Stage

Securities and Exchange Board of India, SEBI, ICICI, bank, RBI, market

Newsmakers of 2024: Madhabi Puri Buch, Chairman, SEBI

banking, National Financial Reporting Authority, NFRA, Ministry of Corporate Affairs, MCA, Institute of Chartered Accountants of India, ICAI, global network companies, PwC

NFRA’s adoption of ‘SQM’ standards unnecessary: ​​ICAI

The recommendations were made in the “Report on the Development of Guidelines for AI Governance”. The report is subject to public consultations, for which comments can be sent until January 27.

The panel wants MeitY to have a technical secretariat or advisory body and act as a coordinating focal point for this governance group, which should create a database of AI incidents to understand the impact real risks linked to AI in India.

“The call for a whole-of-government approach recognizes the sectoral nuances of AI applications. From use cases emerging in sectors such as healthcare, finance, agriculture, education, logisticsand more, a coordinated and specialized strategy is essential to ensure that AI governance is not only comprehensive but also adaptable to diverse sector demands,” said Jameela Sahiba, Senior Program Manager at The Dialogue.

According to Sahiba, during the consultations it will be essential to elaborate on how a specific sectoral framework can be developed, taking into account the unique challenges of each. industry faced while ensuring the consistency of the general principles of governance.

MeitY is not currently considering regulating AI, but will instead follow a common code of conduct approach until such time as the walk matures.

To improve transparency and governance across the AI ​​ecosystem, the panel recommended that the Technical Secretariat engage the industry to make voluntary commitments to transparency across the AI ​​ecosystem. AI ecosystem.

The technical secretariat should examine the adequacy of technological measures to address AI-related risks, such as the use of watermarking, labeling and fact-checking to combat deepfakes, according to the panel.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Workfusion raises $45 million to enhance financial crime compliance.

September 17, 2025

Google integrates Stablecoin payments into AI applications through partnership with Coinbase.

September 17, 2025

Funding for AI Agents for Financial Teams Grows by $55 Million

September 16, 2025
Leave A Reply Cancel Reply

Latest news

Overcoming Regulatory Hurdles for Fintech Startups in XRP’s Journey to Independence

September 17, 2025

Time for a set of reforms to enhance the fintech sector’s efficiency, inclusivity, and resilience against risks

September 17, 2025

Startup Fintech Pélocaux Secures 5 Minutes of Series A Funding

September 17, 2025
News
  • AI in Finance (1,619)
  • Breaking News (169)
  • Corporate Acquisitions (71)
  • Industry Trends (200)
  • Jobs Market News (307)
  • Market Insights (210)
  • Market Rumors (274)
  • Regulatory Updates (166)
  • Startup News (1,057)
  • Technology Innovations (174)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,619)
  • Breaking News (169)
  • Corporate Acquisitions (71)
  • Industry Trends (200)
  • Jobs Market News (307)
  • Market Insights (210)
  • Market Rumors (274)
  • Regulatory Updates (166)
  • Startup News (1,057)
  • Technology Innovations (174)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.