Paytm, Razorpay, Pine Labs Tap Anthropic's Mythos AI To Stress-Test Against AI-Native Cyber Threats

India's top fintechs have approached Anthropic for access to its Mythos red-teaming tool as the Finance Ministry forms an SBI-led panel to assess AI-native cyber risks to banks and payment rails ahead of Q4 FY26.

— Source publishedSun, 17 May, 2026, 11:12 IST·First seen Sun, 17 May, 2026, 22:59 IST·Source Inc42

What happened

Indian fintechs Paytm, Razorpay and Pine Labs have approached Anthropic for access to its Mythos AI tool to test vulnerabilities, as the Finance Ministry forms

Key facts

  • Q4 FY26

Why this matters

Watch for partnership or licensing deals between Indian fintechs and frontier AI labs as a new M&A vector, and scope whether bolt-on AI security vendors become acquisition targets once the SBI panel sets baseline requirements.