World

S. Korea regulator to set up AI-backed insurance fraud prevention system

Jun 05, 2026

Seoul [South Korea], June 5: South Korea's financial regulator said Thursday that it plans to set up an artificial intelligence (AI)-based insurance fraud prevention system this year, Yonhap News Agency reported.
The Financial Services Commission (FSC) said it has launched a task force to set up the system in September this year at the earliest.
Last year, some 1.15 trillion won (US$753 million) worth of insurance fraud cases were detected, but the figure may spike to 9 trillion won when undetected cases are counted, according to the FSC.
The regulator said the planned system will respond to AI and deepfake-based insurance fraud and help better detect new types of fraud cases.
Source: Emirates News Agency

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Celebrating a landmark in cardiac care, the team at Narayana Health City successfully performed India's first Pulsed Field Ablation (PFA) for Atrial Fibrillation

Narayana Health City Performs India's First Pulsed Field Ablation for Advanced Treatment of Atrial Fibrillation

Bengaluru (Karnataka) [India], June 5: Narayana Health City has announced the achievement of a significant milestone in Cardiac Electrophysiology by performing India's first Pulsed Field Ablation (PFA) for the treatment of Atrial Fibrillation (AFib), one of the world's most common and challenging heart rhythm disorders. Breaching a frontier in Cardiac Electrophysiology, the first PFA procedure in India was successfully conducted at Narayana Health City, Bengaluru by the team of Cardiac Electrophysiologists comprising Dr. Deepak Padmanabhan, Dr. Kapil Kumawat, and Dr. Debabrata Bera. This procedure which would have taken up to four hours through traditional methods, was completed within 35 minutes using this new technology.

Jun 05, 2026