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In short

Major digital payment providers like PhonePe and Cashfree are prioritizing rapid containment systems as festive spending pushed monthly Unified Payments Interface transactions to 25.47 billion. Concurrently, supply chain firms including Delhivery and Shadowfax posted strong double-digit shipment growth to meet heightened ecommerce and direct-to-consumer demand. The broader tech landscape also saw electric two-wheeler sales jump 48% in October, while policymakers formulated accountability standards for autonomous artificial intelligence agents.

Key points

  • Digital payment companies are adopting automated defenses to safeguard surging transactio…: Digital payment companies are adopting automated defenses to safeguard surging transaction volumes against advanced cyber threats.
  • Logistics networks are rapidly scaling their parcel volumes through aggressive expansion…: Logistics networks are rapidly scaling their parcel volumes through aggressive expansion into direct-to-consumer and enterprise markets.
  • Indian regulators are proactively outlining liability rules to govern autonomous artifici…: Indian regulators are proactively outlining liability rules to govern autonomous artificial intelligence agents across the tech ecosystem.

Sources checked by our analysis pipeline: 1

Business News›Tech›Newsletters›Morning Dispatch›Fintechs fortify cyber defences; Logistics cos in the speed lane

Morning Dispatch |

Fintechs fortify cyber defences; Logistics cos in the speed lane

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Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.

Also in the letter:

■ Electric two-wheeler sales

■ AI liability rules

■ E-consent services

Digital payments companies such as PhonePe, Razorpay, Cashfree and PayU are accelerating cybersecurity upgrades and automating defences as AI-powered attacks become faster and more sophisticated, executives told ET.

What's changing: Fintechs are shifting from preventing intrusions to detecting and containing breaches before customer data or funds are compromised. Cashfree says attempted attacks have increased at least tenfold from a year ago.

Company playbook: PhonePe assesses transaction risks within milliseconds and can hold suspicious settlements or reroute payments. Cashfree is accelerating security fixes and isolating compromised systems, while PayU uses…

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