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Sitharaman asks fintechs to find solutions to prevent digital arrests, cyber frauds

Sitharaman asks fintechs to find solutions to prevent digital arrests, cyber frauds

by AIP Online Bureau | Jun 19, 2025 | Eco/Invest/Demography, Indian News, Technology

Nirmala Sitharaman, Finance Minister Speaking at the Digital Payments Awards 2025 Ceremony , Sitharaman said it is important to ensure that startup companies come up with solutions so that people are not arrested at home digitally, or fly by night operators...
Greater collaboration needed among regulators, public, pvt sector to harness fintech’s full potential: DFS Secy

Greater collaboration needed among regulators, public, pvt sector to harness fintech’s full potential: DFS Secy

by AIP Online Bureau | Apr 30, 2024 | Eco/Invest/Demography, Indian News, Technology

Vivek Joshi,Secretary,Department of Financial Services While the Fintech Associations presented the operational modalities and key challenges faced by the Fintech companies, the LEAs from the states shared their best practices on curbing cybercrime and financial...

‘Fintechs replacing banks a misconception; CBDC experience so far comforting’

by AIP Online Bureau | Dec 3, 2022 | Banking & Bancassurance, Indian News, Regulation, Technology

“It’s a misconception to view Fintech entities as a possible replacement to banks,” he said, stressing that these modern age enterprises facilitate banking and are not a competition to banks in anyway. Mumbai: Speculation around fintechs replacing...
Preparing Indian Banks for Tomorrow

Preparing Indian Banks for Tomorrow

by AIP Online Bureau | Jul 22, 2022 | Articles, Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Risk Management

Shaktikanta Das, Governor, Reserve Bank of India The banks will face competition from Fintechs which are already making their presence felt within the financial services space With advancement in digital banking, cybersecurity will remain an important challenge for...

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