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Indian Express
01-07-2025
- Politics
- Indian Express
In Nepal, the K P Oli's biggest challenge isn't the opposition — it's from within
Politics in Nepal has come full circle. A month after the movement for the restoration of the monarchy was suspended because of the approaching monsoon season, the second President of the Republic, Bidya Devi Bhandari, has taken a plunge into active party politics. She chose June 28 — the day her husband and General Secretary of the Communist Party of Nepal – Unified Marxist-Leninist Madan Bhandari died in a mysterious road accident 32 years ago — to return to the party. She gave up membership nearly a decade ago to become President, a post she relinquished over two years ago. Bhandari's entering the political fray has triggered a debate in the country. Those seeking a return to monarchy feel vindicated and claim the head of state has to be above partisan politics. The UML, reeling under the seemingly authoritarian control of Prime Minister K P Oli (he has also been heading the party for the last decade) largely appeared to welcome Bhandari's return. The person visibly upset was Oli. This is not the first time that Nepal's radically 'progressive' politics since 2006 has led to more complications than stability. In 2011, Nepal's sitting chief justice headed a coalition government joined by four major political parties. The move — endorsed by international stakeholders that have been part of the radical political changes and peace process — left the judiciary discredited more as a political player than an independent branch of the state that acts as a check and balance. External actors are not visible this time around, perhaps because they do not want to be seen as associated with an incomplete peace process, poor governance and corruption. Bhandari's return may have larger implications. For Oli, she could well be a threat to his leadership in the party. Oli is not known for respecting political dissent or opposition. On June 28, he abruptly rose from the dais that he was sharing with Bhandari before she could announce her re-entry and curtly responded to the anticipated move. 'I know you speak well and know what you are going to say.' In the next breath, he said, 'People say Madan Bhandari had four wives, and that he had run away after swindling money from the cooperative sector. How does one substantiate it?' Oli — the self-proclaimed legatee of Madan Bhandari's vision and leadership — concocted and exaggerated charges. Oli is known to pursue a politics of vendetta and revenge. But by humiliating arguably the most popular leader of the party, his legacy and his family, Oli seems to be heading downhill. After his return from Seville in Spain and participation in the Global Development Summit next week, many in the UML say he will see a determined campaign against him that may directly impact Oli's tenure as the Prime Minister. He is also likely to visit Delhi towards the end of July but much will depend on how he copes with the likely political turmoil at home. Oli, as per his arrangement with the Nepali Congress, the largest party in parliament, has over ten months to go before he hands over the prime minister's chair to Nepali Congress chief Sher Bahadur Deuba, until the next general elections, due in January 2027. However, in a country rife with political instability and unprincipled political alliances, such agreements have not come to fruition in the past. There are also fears that Oli may use investigative and state agencies to quell the hostility against him. Almost every top leader including Deuba, opposition leader and former PM Pushpa Kamal Dahal 'Prachanda' faces allegations of corruption. Former Prime Minister Madhav Kumar Nepal and former Deputy PM Rabi Lamichhane are already facing corruption charges and their membership in the House is suspended. However, it is the Bhandari-Oli tussle that will shape politics in Nepal to a large degree. Already senior leaders of the UML have come out in support of Bhandari, who wants Oli to retire due to the party's 70-year age cap. He had told Bhandari last week that he would continue in the post for one more term as he has to 'fight and defeat internal and external forces working against him'. Oli's defeat will also mean the defeat of a 'method' by which leaders have been exercising power — without accountability and with immunity from all crimes, including corruption. However, Oli's downfall will not automatically lead to Bhandari's crowning as a leader. It will deepen instability in the current system without an alternative in place. The writer is the Kathmandu-based contributing editor for The Indian Express
Business Wire
26-06-2025
- Business
- Business Wire
DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- DataVisor, the world's leading AI-powered fraud and risk platform, today announced that it has been selected as winner of the 'AI-based Fraud Prevention Solution of the Year' award in the 8 th annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. DataVisor's platform rises above a crowded AI landscape by combining three core breakthroughs—patented Unsupervised Machine Learning (UML), adaptive Supervised ML (SML), and Generative AI-driven automation—into a single, high-impact fraud and financial crime prevention solution. This empowers institutions to identify unknown threats in real time, reduce false positives, and automate fraud operations at scale. DataVisor's UML identifies emerging fraud patterns without requiring historical labels, pinpointing coordinated attacks that might involve thousands of accounts acting in concert. This approach enables real-time, proactive detection of new threats, allowing organizations to stay ahead of rapidly advancing crime rings. DataVisor's UML captures over 80% of coordinated and previously unseen fraud attacks, enabling early detection with more than 98% precision and clear, explainable detection reasons. DataVisor's SML enhances detection by learning from historical fraud patterns, filtering out noise, and significantly reducing false positives. Unlike other vendors that only offer generic, pre-trained models, DataVisor customizes each SML deployment to the customer's specific data and fraud typologies, resulting in higher detection accuracy and fewer manual reviews. For organizations without a strong data foundation or historical fraud labels, DataVisor will also provide the option to leverage a consortium model for specific use cases, ensuring effective detection from day one. DataVisor continues to redefine AI-driven fraud defense with AI Co-Pilot, a generative-AI automation engine that reduces manual workloads. For example, its intelligent rule-tuning module mines historical data, runs thousands of threshold and logic simulations, and automatically fine-tunes detection rules—cutting false positives by up to 50% and dramatically boosting operational efficiency. 'AI has been at the core of DataVisor since day one, powering everything from unsupervised machine learning to today's generative-AI Co-Pilot,' said Fang Yu, co-founder and Chief Product Officer at DataVisor. 'Our mission is—and always has been—to stay one step ahead of fraud, detecting both known and emerging schemes in real time so our customers can shut down attacks before they start. We're truly grateful to AI Breakthrough for this award, and we'll keep pushing the boundaries of AI innovation so every client can instantly adapt to novel threats and unlock deeper insights from their own data.' The AI Breakthrough Awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more. This year's program attracted more than 5,000 nominations from over 20 different countries throughout the world, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. 'DataVisor's single, high-impact fraud and financial crime prevention solution provides an all-encompassing AI shield against fraud. Fraud detection relies on quickly and precisely identifying abnormal patterns and behaviors to uncover hidden threats and mitigate risks before they escalate. However, this requires tools that can accurately handle huge amounts of data,' said Steve Johansson, managing director, AI Breakthrough. 'DataVisor is a self-evolving, enterprise-grade solution that harnesses AI to tangibly improve efficiency, reduce fraud losses, and help businesses scale securely in a fast-moving digital world. As a result, we're thrilled to award DataVisor with 'AI-based Fraud Prevention Solution of the Year!'' Renowned for its adaptability and data-driven methodology, DataVisor is the trusted partner of choice for Fortune 500 companies and leading organizations globally, specializing in serving financial services, banking, credit unions, fintech, and payments companies. About DataVisor DataVisor is the most comprehensive fraud and financial crime prevention platform powered by sophisticated AI and modern machine learning capabilities. DataVisor empowers customers to protect against future attacks before they happen by detecting and acting on rapidly evolving fraud patterns in real time. DataVisor's adaptable solution and data-driven approach provides businesses with unparalleled protection in an ever-evolving digital landscape. DataVisor's award-winning solutions and continuous innovation make them the trusted partner of choice for Fortune 500 companies and leading organizations worldwide, specializing in financial services, banking, credit unions, fintech, and payments. About AI Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.
Associated Press
26-06-2025
- Business
- Associated Press
DataVisor Named 'AI-based Fraud Prevention Solution of the Year' in 2025 Artificial Intelligence Breakthrough Awards Program
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 26, 2025-- DataVisor, the world's leading AI-powered fraud and risk platform, today announced that it has been selected as winner of the 'AI-based Fraud Prevention Solution of the Year' award in the 8 th annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. DataVisor's platform rises above a crowded AI landscape by combining three core breakthroughs—patented Unsupervised Machine Learning (UML), adaptive Supervised ML (SML), and Generative AI-driven automation—into a single, high-impact fraud and financial crime prevention solution. This empowers institutions to identify unknown threats in real time, reduce false positives, and automate fraud operations at scale. DataVisor's UML identifies emerging fraud patterns without requiring historical labels, pinpointing coordinated attacks that might involve thousands of accounts acting in concert. This approach enables real-time, proactive detection of new threats, allowing organizations to stay ahead of rapidly advancing crime rings. DataVisor's UML captures over 80% of coordinated and previously unseen fraud attacks, enabling early detection with more than 98% precision and clear, explainable detection reasons. DataVisor's SML enhances detection by learning from historical fraud patterns, filtering out noise, and significantly reducing false positives. Unlike other vendors that only offer generic, pre-trained models, DataVisor customizes each SML deployment to the customer's specific data and fraud typologies, resulting in higher detection accuracy and fewer manual reviews. For organizations without a strong data foundation or historical fraud labels, DataVisor will also provide the option to leverage a consortium model for specific use cases, ensuring effective detection from day one. DataVisor continues to redefine AI-driven fraud defense with AI Co-Pilot, a generative-AI automation engine that reduces manual workloads. For example, its intelligent rule-tuning module mines historical data, runs thousands of threshold and logic simulations, and automatically fine-tunes detection rules—cutting false positives by up to 50% and dramatically boosting operational efficiency. 'AI has been at the core of DataVisor since day one, powering everything from unsupervised machine learning to today's generative-AI Co-Pilot,' said Fang Yu, co-founder and Chief Product Officer at DataVisor. 'Our mission is—and always has been—to stay one step ahead of fraud, detecting both known and emerging schemes in real time so our customers can shut down attacks before they start. We're truly grateful to AI Breakthrough for this award, and we'll keep pushing the boundaries of AI innovation so every client can instantly adapt to novel threats and unlock deeper insights from their own data.' The AI Breakthrough Awards shine a spotlight on the boldest innovators and most impactful technologies leading the charge in AI across a comprehensive set of categories, including Generative AI, Computer Vision, AIOps, Agentic AI, Robotics, Natural Language Processing, industry-specific AI applications and many more. This year's program attracted more than 5,000 nominations from over 20 different countries throughout the world, underscoring the explosive growth and global importance of AI as a defining technology of the 21st century. 'DataVisor's single, high-impact fraud and financial crime prevention solution provides an all-encompassing AI shield against fraud. Fraud detection relies on quickly and precisely identifying abnormal patterns and behaviors to uncover hidden threats and mitigate risks before they escalate. However, this requires tools that can accurately handle huge amounts of data,' said Steve Johansson, managing director, AI Breakthrough. 'DataVisor is a self-evolving, enterprise-grade solution that harnesses AI to tangibly improve efficiency, reduce fraud losses, and help businesses scale securely in a fast-moving digital world. As a result, we're thrilled to award DataVisor with 'AI-based Fraud Prevention Solution of the Year!'' Renowned for its adaptability and data-driven methodology, DataVisor is the trusted partner of choice for Fortune 500 companies and leading organizations globally, specializing in serving financial services, banking, credit unions, fintech, and payments companies. About DataVisor DataVisor is the most comprehensive fraud and financial crime prevention platform powered by sophisticated AI and modern machine learning capabilities. DataVisor empowers customers to protect against future attacks before they happen by detecting and acting on rapidly evolving fraud patterns in real time. DataVisor's adaptable solution and data-driven approach provides businesses with unparalleled protection in an ever-evolving digital landscape. DataVisor's award-winning solutions and continuous innovation make them the trusted partner of choice for Fortune 500 companies and leading organizations worldwide, specializing in financial services, banking, credit unions, fintech, and payments. About AI Breakthrough Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. View source version on CONTACT: Media Contact: The Fletcher Group [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: SECURITY DATA MANAGEMENT TECHNOLOGY ARTIFICIAL INTELLIGENCE SOFTWARE SOURCE: DataVisor Copyright Business Wire 2025. PUB: 06/26/2025 07:26 AM/DISC: 06/26/2025 07:25 AM
India.com
01-06-2025
- Politics
- India.com
China's dangerous new move in Nepal, Oli and Prachanda out of race, Xi Jinping betting on..., tension for India due to...
China's dangerous new move in Nepal, Oli and Prachanda out of race, Xi Jinping betting on…, tension for India due to... Kathmandu: China has again become active in Nepal, and this time it is requesting the Nepali communist leaders to unite and form a working coalition in the country. To implement this, the Dragon has chosen former President Vidya Devi Bhandari instead of KP Sharma Oli. However, Beijing wants Oli's UML party to remain in power. If the communist alliance becomes strong in Nepal, then it can increase India's tension as these communist parties are considered as pro-China.
Time of India
29-05-2025
- Politics
- Time of India
Kathmandu braces for opposing rallies as ruling UML and Royalists set to hit streets, security beefed
Kathmandu is bracing for two opposition rallies on Thursday, one led by the ruling CPN-UML and the other by the royalists as the nation marks Republic Day. The Communist Party of Nepal- Unified Marxist Leninist (CPN-UML) have called for a cultural parade from Bhrikutimandap to Ratnapark in celebration of Republic Day. Tired of too many ads? go ad free now The rally is expected to be attended by party leaders, cadres, and artists showcasing cultural processions promoting the republican system. The rally has been routed through the venue where the royalists will be starting their indefinite protest starting today, calling for the restoration of the monarchy. The royalist and Hindu nationalist parties, including Rastriya Prajatantra Party (RPP) and RPP-Nepal, along with over 45 other aligned organisations, have announced protests against the republic. The main protest is being organised by the Joint People's Movement Committee for the Restoration of Monarchy, led by Navaraj Subedi. The committee has said that the protest will start from Shanti Batika near the iconic "RPokhari" translated as Queen's Pond. Although both sides have pledged peaceful rallies, tensions have risen following a controversial statement by Prime Minister , who claimed that Kathmandu would be "under UML's control" on Republic Day, prompting backlash from royalist leaders. The royalist leaders had announced that the protest would be peaceful, but raised concerns over potential state suppression in light of the prime minister's remarks. To manage potential unrest, authorities have prepared to deploy 4,500 security personnel throughout Kathmandu. Traffic disruptions and public inconvenience are expected in the core areas of the city. In the wake of the possible conflict between the parties, the District Security Committee of Kathmandu has scheduled the programs at different times. Tired of too many ads? go ad free now Kathmandu Chief District Officer (CDO) Rishiram Tiwari coordinated with Rastriya Prajatantra Party (RPP) Chairman Rajendra Lingden, who agreed to start the royalist event only after UML's program ends. Kathmandu police chief SSP Bishwa Adhikari stated that a security plan has been prepared in coordination with both parties. Lingden confirmed to the CDO that the pro-monarchy program will commence in the afternoon and that preparations are being made accordingly. UML has also been instructed to conclude its event by the scheduled time.
