RBI to regulate payment gateway providers: Digital payments likely to get safer These gateways can be expected to become more transparent and accountable in their working thereby benefitting common people using them for making digital payments.Sebi mulls ‘regulatory sandbox’ for AI, Blockchain Regulators in major financial markets have established regulatory ‘sandbox’.Wait for new cryptocurrency offerings as SC lifts ban A number of startups are working on various innovative products for consumers.Your friend in distress could be an e-fraudster Fraudsters have managed to steal from hundreds of bank accounts by either impersonating acquaintances of account holders, tricking tipplers desperate to buy liquor online, or deceiving those searching for service providers.This has led to a shift in consumers' financial behaviour - from cash to e-wallets and UPI," Rajiv Kumar said. India witnessing increasing digitisation, shift in consumers' financial behaviour: NITI VC "India is witnessing increasing digitization with people getting greater and easier access to financial services. ![]() Moreover, global development agencies and several governments have made concerted efforts to alleviate poverty through micro-credits, it said. MFIs to play leading role in India's economic growth: Study According to PwC, the global market size of the MFI industry is expected to grow by USD122.46 billion from 2021 to 2026 at a compound annual growth rate of 11.61 per cent. ![]()
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