At the same time, he said it would be safe since the solution would arm telcos with a mechanism to identify the nature of a transaction, and act as an additional layer of security to sift genuine transactions from potentially fraudulent ones. Of course, if the talks work out, such a solution would need to pass through several regulatory hoops before launch.
"This is a digital identity solution which we will be able to launch very soon. Some companies are looking to introduce this for all their financial transactions, while some microfinance and fintech companies want to use it to lower their risk (of lending)," Tushar Agnihotri, Route Mobile's head of India operations and Asia region, said in an interview.
Bu hikaye Mint Mumbai dergisinin November 21, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 21, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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