Telcos, banking, fintech firms warn of AI risks in spam crackdown amid clash
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Telcos, banking, fintech firms warn of AI risks in spam crackdown amid clash

Mint·1h ago·Neutral

What Happened

India's telecom regulator proposes AI-powered spam detection, but banks and fintech companies warn it risks blocking legitimate customer notifications including fraud alerts and OTPs. HDFC Bank, PhonePe, and DHL Express India oppose Trai's automated penalty system, citing false positives and technical glitches concerns. Spam complaints tripled to 2.5 million in 2024.

Key Entities

TraiHDFC BankPhonePeDHL Express IndiaDepartment of TelecommunicationsLok Sabha

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