https://www.taxtmi.com/news?id=58035 The finance minister urged fintechs to strengthen risk management and compliance to counter AI-enabled frauds such as voice mimicry, identity cloning and deepfakes, while advocating responsible regulation as a safety mechanism for innovation. She launched the FCSS at GIFT IFSC to enable local real-time foreign currency settlement and highlighted India's potential to build accessible AI products rooted in local languages and contexts, using fintech and digital public infrastructure to drive financial inclusion. en-us Tue, 07 Oct 2025 17:01:04 +0530 Tue, 07 Oct 2025 17:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=58035 The finance minister urged fintechs to strengthen risk management and compliance to counter AI-enabled frauds such as voice mimicry, identity cloning and deepfakes, while advocating responsible regulation as a safety mechanism for innovation. She launched the FCSS at GIFT IFSC to enable local real-time foreign currency settlement and highlighted India's potential to build accessible AI products rooted in local languages and contexts, using fintech and digital public infrastructure to drive financial inclusion. News - Tue, 07 Oct 2025 17:01:04 +0530 https://www.taxtmi.com/news?id=58035