RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns

Quick Summary:

The post RBI: Emerging tech driving India’s financial sector transformation despite digital fraud concerns appeared first on CoinGeek.

The RBI has also been actively fostering innovation by envisaging mechanisms like the United Payment Interface (UPI), regulatory sandbox, and co-lending models, among others.

ZA Bank's move to provide reserve bank services is seen as a stepping stone to improving Hong Kong's local payment ecosystem and bridging the gap between the traditional banking and fintech sectors.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Pradipta Mukherjee

Category: Crypto

Markets: CanadaHong KongIndia

Topics: Reserve Bank of India Business Fraud Shaktikanta Das

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 13:00:37 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 709 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 21872723

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 8 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 9 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions