digital lenders

Elderly Britons are losing thousands to sophisticated scams where criminals pose as police and bank investigators. Victims are manipulated into revealing sensitive financial details or handing over bank cards to "couriers." Authorities urge extreme caution with unexpected calls involving money, emphasizing that genuine officials never request such information.

A nuanced understanding of the various ITR forms for FY 2025–26 is essential for globally mobile professionals, domestic salaried taxpayers, and individual investors

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Anthropic's powerful AI model, Claude Mythos, capable of finding software vulnerabilities, has prompted a global financial sector scramble. Banks, regulators, and central bankers are urgently assessing risks and accelerating cybersecurity investments. Project Glasswing offers controlled access for defensive security work, highlighting the evolving threat landscape.

Barclays CEO CS Venkatakrishnan issued a stark warning about Anthropic's Mythos AI, deeming it a serious threat to the global banking system. He anticipates increasingly powerful AI models will emerge with distressing frequency, necessitating rapid adaptation and robust safeguards from financial institutions worldwide.

Luther Davis, once a University of Alabama defensive lineman under Nick Saban, now faces federal fraud charges over an alleged $20 million scheme involving impersonated NFL players. Prosecutors say forged identities, shell companies and disguises enabled fraudulent loans. The case highlights vulnerabilities in trust-based financial systems and the exploitation of athlete identities.

Women's credit uptake has surged, now representing Rs 76 lakh crore or 26% of total system credit in 2025, a near five-fold increase since 2017. This signifies a major shift with women actively driving credit demand, moving from passive recipients to key financial participants. Their engagement with formal credit and asset ownership is rapidly expanding.

Digital lending platform KreditBee has secured $280 million, achieving a $1.5 billion valuation and joining the unicorn club. The funding will bolster its lending book and balance sheet, preparing the company for an upcoming IPO. KreditBee reported strong revenue and profit growth in the last financial year, emphasizing risk management as a core strategy.