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Druva launches Deep Analysis Agents to cut forensic investigations from days to minutes
siliconangle40d ago

Druva launches Deep Analysis Agents to cut forensic investigations from days to minutes

Data security provider Druva Inc. today announced a major expansion of its DruAI platform with the launch of Deep Analysis Agents, agents that are capable of automating complex, multiday forensic and compliance investigations. Information technology and security teams spend too much time not just addressing problems but also proving what happened and why across incident response, forensics, [...]The post Druva launches Deep Analysis Agents to cut forensic investigations from days to minutes appeared first on SiliconANGLE.

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Engineering AI Systems for Autonomy and Resilience with Krishna Sai
softwareengineeringdaily40d ago

Engineering AI Systems for Autonomy and Resilience with Krishna Sai

Enterprise IT systems have grown into sprawling, highly distributed environments spanning cloud infrastructure, applications, data platforms, and increasingly AI-driven workloads. Observability tools have made it easier to collect metrics, logs, and traces, but understanding why systems fail and responding quickly remains a persistent challenge. As complexity continues to rise, the industry is looking beyond dashboardsThe post Engineering AI Systems for Autonomy and Resilience with Krishna Sai appeared first on Software Engineering Daily.

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EPF Inoperative Accounts Update: EPFO To Credit Rs 1,000 Or Less Automatically
abplive40d ago

EPF Inoperative Accounts Update: EPFO To Credit Rs 1,000 Or Less Automatically

The Ministry of Labour and Employment is preparing a large clean‐up exercise within the Employees’ Provident Fund Organisation (EPFO). The plan involves automatically settling over 7.11 lakh inoperative EPF accounts and refunding balances of up to Rs 1,000 directly to members.According to a PTI report citing official sources, around Rs 30.52 crore currently lying unclaimed in these small, inactive accounts will be credited straight to subscribers’ Aadhaar‐linked bank accounts. Importantly, no paperwork, claim form submission or physical visit to an EPFO office will be required.What Has Been Decided?The proposed drive will focus on 7.11 lakh inoperative accounts where the balance is Rs 1,000 or less. These accounts together hold Rs 30.52 crore.Under the new mechanism, eligible subscribers will receive their funds automatically in their Aadhaar‐linked bank accounts. There will be no need to file a withdrawal application or undergo manual verification.“A total of Rs 30.52 crore stuck in over seven lakh inoperative accounts of the retirement fund body EPFO will soon be returned to the account holders or their legal heirs,” a Labour Ministry source was quoted as saying in the report.In cases where the original subscriber has passed away, the amount will be released to the nominee or legal heir, ensuring that rightful beneficiaries are not deprived of their dues.What Exactly Is An Inoperative EPF Account?An EPF account becomes ‘inoperative’ if no contribution is received from the employer for more than 36 months. This typically happens when employees switch jobs without transferring their EPF balance, retire, or are simply unaware that a small amount remains in an old account.Over time, these small balances accumulate across lakhs of accounts, creating administrative complexity and leaving money idle within the system.The Bigger Picture: Rs 10,903 Crore Still Lying IdleWhile the current exercise targets smaller balances, the broader issue is far larger. As per sources cited in the PTI report, nearly Rs 10,903 crore is currently lying in 31.86 lakh inoperative EPF accounts.Of these, around seven lakh accounts, the ones being addressed first, contain balances of Rs 1,000 or less, amounting to Rs 30.52 crore. Officials have indicated that this clean‐up will be conducted in phases, suggesting that larger inoperative accounts may also come under review in the future.This phased approach indicates that the initiative is not a one‐off measure but part of a systematic effort to tidy up dormant accounts.Part Of A Larger EPFO Reform AgendaThe automatic refund proposal aligns with the government’s ongoing efforts to modernise EPFO operations and reduce procedural delays. Over the past year, the organisation has introduced greater automation in claim processing, adopted risk‐based verification to minimise manual checks, held regular review meetings to improve grievance redressal, and simplified KYC and Aadhaar integration.The emphasis is clearly on digitisation, transparency and reducing dependency on physical paperwork, long considered pain points for EPF members.EPFO 3.0: A Bigger Digital Shift AheadThe clean‐up drive also comes ahead of the anticipated rollout of EPFO 3.0 from the next financial year. This ambitious digital overhaul aims to bring EPFO services under a Core Banking System (CBS)‐enabled framework.The objective is straightforward: streamline processes, unify member services on a single digital platform, cut down paperwork, accelerate claim settlements and improve grievance tracking.One of the most notable changes expected under EPFO 3.0 is the automatic processing of claims that clear risk management filters. Currently, claim settlement can take up to 20 days in certain cases. Under the proposed system, eligible claims could be settled in less than three days.If implemented effectively, this shift could significantly reduce waiting periods and improve trust in the retirement fund system.Why This Matters To YouFor many salaried Indians, EPF remains the single largest long‐term savings instrument. Yet small balances often remain unclaimed due to lack of awareness, job transitions or procedural complexity.By proactively refunding small inoperative balances, the government is signalling a more member‐centric approach. While Rs 30.52 crore may appear modest in the larger scheme of EPFO’s corpus, the message is significant: the system is moving towards proactive settlement rather than passive retention of idle funds.

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MEXCampus Launches at UNSW, Expanding MEXC Foundation's University Web3 Program
benzinga40d ago

MEXCampus Launches at UNSW, Expanding MEXC Foundation's University Web3 Program

VICTORIA, Seychelles, Feb. 24, 2026 (GLOBE NEWSWIRE) -- MEXC Foundation and UNCB (University Network for Cryptocurrency & Blockchain) today launched MEXCampus at the Roundhouse, University of New South Wales (UNSW) Campus — formally introducing MEXC as UNCB's official partner and kicking off a structured trader development program for university students across Australia.The MEXCampus Welcoming Party marks the beginning of an ongoing campus program combining community building with practical crypto ...Full story available on Benzinga.com

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Vietnam central bank targets stricter bank AI use
coingeek40d ago

Vietnam central bank targets stricter bank AI use

The State Bank of Vietnam tightens AI rules requiring banks & e-wallets to notify customers before using chatbot virtual assistants or automated hotlines.The post Vietnam central bank targets stricter bank AI use appeared first on CoinGeek.

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