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6 Major Updates From the Indian FinTech Space

In recent years, the Indian FinTech industry not only attracted attention from traditional financial institutions and disrupted certain sectors, but also made a significant transformation in consumers’ minds.

In this article, we cover the latest updates from the Indian FinTech sector which includes initiatives taken by wallet companies to curb fraudulent transactions, RBL Bank launching India Startup Club (ISC), the Startup India campaign which was held in Delhi on January 16, Yes Bank partnering with iSPIRT to launch the FinTech app store to support startups, a FinTech competition to be launched soon by the India’s Central Bank and the rise in e-commerce which helped India Post to achieve a huge profit growth.

Wallet Companies Take Initiatives to Curb Fraudulent Transactions:

Mobile payments and commerce firm Paytm is experimenting with facial recognition technology to secure mobile transaction ...

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