AI SCAMS
How intelligent commerce is shaping the next frontier of merchant payments
For a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers’ behalf.
Deepinder Goyal's Rs 85,000 Temple wearable faces scientific credibility test as doctors question claims
Deepinder Goyal has introduced a pricey forehead-worn device called Temple which monitors physiological signals. The product claims to measure brain blood flow and offers insights into ageing. However, medical professionals dispute its claims and question the scientific validation behind its technologies. Goyal defends Temple by citing internal studies and a commitment to future peer-reviewed research. The device is currently not available to the public, with pre-orders starting in India.
The Liver Doc takes on Deepinder Goyal again, questions ‘entropy’ claims
In a recent social media post, The Liver Doc said, “Deepinder Goyal is a liar. It was always about the brain, even though he now claims it was not.” He attached Goyal’s previous posts on the wearable.
AI analytics, technological upgrades to drive retail investor experience in new Samvat: NSE CEO Ashishkumar Chauhan
Highlighting the exchange's digital initiatives, Chauhan announced major technological upgrades aimed at improving the experience of the country's growing retail investor base.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
Uncertainty is certain: India is resilient and will emerge stronger
Despite global uncertainty, India remains well placed to weather economic and market disruptions, supported by resilient growth, deeper domestic capital markets and rising private investment. Stronger institutions, infrastructure spending and emerging industries could further reinforce the country’s long-term prospects.
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US midterm elections: Key Senate, House races investors are tracking
This year's U.S. midterm elections are anticipated to influence important policies in the financial sector. Key Senate races include Sherrod Brown and Jon Husted in Ohio, indicative of cryptocurrency regulation. Additionally, gubernatorial elections in states like Texas and Georgia will shape artificial intelligence infrastructure investment.
EAM Jaishankar urges Quad to focus on freedom of choice
External Affairs Minister S Jaishankar emphasized freedom of choice and resilient supply chains during the Quad meeting. He highlighted countering non-market practices as a key priority for discussions with partner nations. The Quad aims to enhance cooperation in maritime security and counter-terrorism measures. Additionally, over USD 85 million will be extended for AI access across the Indo-Pacific region.
Quad ministers pledge over $85 million for AI access, flag economic coercion and supply chain risks
Quad foreign ministers meeting in Atlanta reaffirmed their commitment to a free and open Indo-Pacific, focusing on economic security, resilient supply chains and trusted infrastructure. They announced plans to provide over $85 million in technical and financial assistance for access to trusted super intelligence (SI), while pledging action against cyber scams and transnational criminal networks.
US SEC's top cop says agency is monitoring AI corporate disclosures
Big Tech stocks sold off this week as companies disclosed they are burning through cash to fuel their AI expansion at a time when interest rates are rising, raising questions about the sustainability of AI spending.
What are Indians watching on OTT? Netflix, Prime Video, JioHotstar, Zee 5, SonyLIV reveal the shows, languages and formats winning viewers
India’s OTT audience continued to grow in 2026, with viewers watching content in different languages and exploring new genres and formats. In an exclusive conversation with ET Digital, Netflix, Prime Video, JioHotstar, SonyLIV and ZEE5 discuss changing viewing habits, the growing popularity of micro-dramas and reality shows, and how good stories can find an audience regardless of language or budget. Here’s a look at what Indians are watching on OTT.
US Senator Bernie Sanders slams Microsoft for slashing 60,000 jobs, stirs online debate
Microsoft announced on October 26that it is introducing a voluntary exit programme targeting eligible employees in the US, Canada, India, and the UK, joining the list of other tech giants that have announced job cuts due to the rise of artificial intelligence.
Sanjay Raut writes to Shah, seeks ED probe into Jarange's audio clip on 'Rs 500 crore' payout
Sanjay Raut has urged Union Home Minister Amit Shah to investigate a significant allegation involving Manoj Jarange. The allegation pertains to a supposed payment of Rs 500 crore linked to Maratha quota activist Jarange. Raut emphasized the necessity for clarity on the source and destination of this large sum. Both Eknath Shinde and Shrikant Shinde have denied the involved allegations related to this payment.
Is India a “shadow transshipment” hub? The data says otherwise
Between 2014 and 2024, India’s goods exports to the US grew 1.86 times, while US exports to India grew 1.94 times. A rising two-way relationship, with India’s global exports also up 1.36-fold, is hard to square with a “mere pass-through” story tailored to one market.
Telecom rules alone can't stop online scams, entire ecosystem must act: GSMA chief
GSMA emphasizes the need for unified regulations to effectively combat online scams and maintain public trust. Vivek Badrinath highlights that current regulations remain complex and suggest further simplification for growth. He advocates for an outcome-focused approach to enable the monetization of 5G technology. Badrinath also discusses the importance of network slicing and quality of service in enhancing business applications.
Rhode Island sues Meta over alleged tolerance for scam advertising
The suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, accuses Meta of unlawfully profiting from and participating in the creation of billions of dollars in scam advertising - even as it assured its billions of users that it was working diligently to protect them.
What eMudhra security incident means for anyone who shops, banks or pays online
The eMudhra security incident raised concerns that cybercriminals could potentially use weak private keys to create fake website certificates and impersonate legitimate platforms. Here’s how such an attack could put users’ personal and payment details at risk, and what is known about the incident so far.
PNB cautions customers of AI-led cyberattacks amid surging frauds
Punjab National Bank has alerted its customers about the escalating threat of AI-generated cyberattacks. These advanced phishing techniques employ AI voice cloning to trick individuals into hastily carrying out transactions. The bank strongly encourages customers to stay vigilant, ensuring they verify communications through reliable sources. Emphasizing the need for good digital practices, the bank reminds customers that cybersecurity is a joint effort.
WhatsApp stock tips: Nithin Kamath warns of more pump-and-dump schemes as ED freezes accounts worth Rs 200 crore
In a post on X, formerly Twitter, Kamath said such schemes remain a concern even in 2026, calling them one of the silliest ways for investors to lose money. He also warned that these cases could become more frequent as the market cycle advances, pointing to a rise in alleged pump-and-dump schemes operating through WhatsApp groups and influencers promoting stocks and initial public offerings (IPOs).
Deepfakes muddy protest coverage as online platforms restrict individual accounts
Several AI-generated clips have gone viral on Instagram, Facebook and X, drawing millions of views and comments. A recent viral clip of a woman criticising the protests, for instance, led users to an Instagram profile that regularly posts AI-generated political content.
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure
The International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Director Kristalina Georgieva highlighted that economic growth alone cannot resolve the national debt crisis. Nations are facing difficult choices between supporting vulnerable populations and meeting debt obligations due to escalating interest rates. A new deal on debt repayment and refinancing options is necessary to provide fiscal space.
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debt
The head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation have created burdens on low-income countries, with many unable to finance their needs. The median developing country is paying significantly more in interest compared to developed nations, affecting government budgets. Job creation and investment initiatives are crucial for the upcoming workforce, especially as artificial intelligence advances.
US lauds tech giants' role in cracking West African scam centers
The US Justice Department on Tuesday praised Meta and other tech giants for their support in dismantling online scams in West Africa. The Justice Department provided more details on Tuesday, saying it was coordinated with the UK's National Crime Agency and describing it as the first of its kind in West Africa.
Mexico busts network that used AI to clone VIP voices
The security ministry said Thursday that the former treasurer of the state of Michoacan, his wife, children, and a bodyguard, were all arrested on suspicion of running a scheme that extorted "substantial amounts of money."
Nancy Guthrie update: What do the newly revealed ransom emails received by a retired FBI agent Jennifer Coffindaffer indicate about the Nancy Guthrie investigation?
Retired FBI agent Jennifer Coffindaffer reported four ransom emails claiming to involve Nancy Guthrie's kidnapping. The messages demanded bitcoin and included an AI-generated image of her. Coffindaffer forwarded these emails to the FBI without responding, suspecting they were scams. Investigators are reviewing all reported messages for credibility amidst ongoing efforts related to the case. Nancy Guthrie remains missing, with no suspects identified and a substantial reward still unclaimed.
IMC 2026: PM Modi discusses digital inclusion, AI with GSMA board
Prime Minister Narendra Modi engaged with Global System for Mobile Communications Association (GSMA) Board members ahead of the India Mobile Congress. Discussions focused on technology's role in inclusive development and digital public infrastructure.
Your phone says “spam” before you answer. How AI spots suspect calls
Telecom companies in India are harnessing the power of artificial intelligence to detect and label potential spam calls and messages. By analyzing calling trends, AI has already flagged billions of suspicious communications. Major players like Airtel and Vodafone Idea implement effective spam warnings for their users, while apps like Truecaller and Google’s Phone enhance caller identification capabilities. Meanwhile, TRAI mandates operators to responsibly investigate flagged spam incidents.
SEC exposes $15 million alleged scam: How WhatsApp groups, AI trading promises and fake SEC claims lured investors
The SEC has charged multiple entities over two alleged investment scams totaling more than $15 million. The agency says WhatsApp groups, AI trading promises and fake SEC claims were used to attract hundreds of retail investors, with the schemes allegedly involving fraudulent trading platforms and investment programs.
OpenAI's Sam Altman says AI benefits warrant accepting some risks
OpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the technology should remain broadly accessible to the public "
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