India's FinTech Industry Shines with Innovation and Regulatory Support

Dataquest, a leading technology media publication, and Scrut Automation, a prominent provider of compliance solutions, joined forces to host an event focused on simplifying compliance for the Indian fintech ecosystem: Simplifying Compliance for the Indian Fintech Ecosystem.

- Aanchal Ghatak

The event aimed to bring together industry experts, thought leaders, and fintech professionals to discuss the challenges and opportunities in achieving regulatory compliance in the rapidly evolving fintech landscape of India.

A series of panel discussions followed, featuring prominent speakers from regulatory bodies, fintech companies, and legal experts.

The conference commenced with a welcome note by Sunil Rajguru, Editor of Dataquest PC Quest and CIOI, a distinguished professional with extensive experience in technology news and features. Rajguru provided an overview of how India's demographic dividends are propelling the country to become a FinTech superpower. He highlighted the significance of India's stack, including its vast identification and authentication systems, as well as the groundbreaking success of the Unified Payments Interface (UPI) in transforming digital payments in the country.

Following the welcome note, on Regulatory Enablement: Empowering Fintech Companies to Succeed with a Security-First Mindset, Navaneethan M, CISO, Tata Play, Ex-SVP & CISO, PayU, a cybersecurity expert with a deep understanding of business continuity, data privacy, cloud security, and more,led a discussion on empowering FinTech companies to succeed with a security-first mindset.

His session shed light on the crucial role of cybersecurity in the FinTech industry and explore strategies to ensure robust security measures for sustained growth and consumer trust. The speaker strated by acknowledging the presence of friends and seeking their guidance and input on a particular topic related to POS machines.