42 results found
While digitalisation has proceeded, cash has not become unimportant.
Digital financial services have benefits but pose privacy risks that harm consumers, merchants, markets, and nations alike. Some payments systems in India suffer from vulnerabilities because they were not prospectively designed on the basis of the ‘privacy by design’ principle. At the back-end, the centralised storage of data is risky. At the front-end, faulty capture devices enable data misuse. Across the middle mile, data is transmitted wit
Despite numerous government efforts to popularise digital transactions, India continues to be a cash-dependent economy. This is because the transforma
Central Bank Digital Currencies need a unified global approach given the fracturing of geopolitics into contesting silos
To defend their turf — and prevent extreme decoupling — central banks are keen on designing their own network of digital payments by officially is
Maximising the effectiveness of fulfilling the essential functions of fiat money should be the primary objective of CBDC.
The digital euro can revolutionise digital payments but its future remains uncertain as it grapples with widespread political scepticism about its pur
The crucial difference between the withdrawal of INR 2000 notes and the 2016 demonetisation is the modus operandi of the withdrawal and the status as
In the coming years, many will be watching to see whether mobile network operators will manage to retain the 2.8 million new mobile money subscribers
This year’s survey encompasses the massive changes that the country has had to go through over the decades in the long term as well as through the p
एस्टोनियाई अनुभव ने हमें बताया है कि डीपीआई (Digital Public Infrastructure) �
We must have checks and balances on our technologists and on those who govern technology, especially in the case of DPGs because of their increasingly
This paper projects the nationwide and state-wise size of India’s Unified Payments Interface (UPI) market under various GDP growth scenarios. The market sizes under these scenarios are expressed in monetary values at the scale of both sub-national units and the Indian economy as a whole. With the help of transactions and market share data from Phonepe, a UPI company, the paper estimates the national and state-wise base case scenario market volu
PM Modi's push to industries - trucking, agricultural purchases, construction - where wages are still distributed in cash towards digital payments
Fifteen most–read expertspeak posts this year.
The government has acknowledged the importance of protecting the integrity of data and the requirement of strong encryption standards.
It's possible to calculate the extent to which the level of digital transactions relates to the underlying trends.
Beyond trust in digital platforms, a key factor affecting adoption of platforms is that of “value co-creation”
Attempts are being made by Nepal and India to revive the relationship through new avenues of cooperation with a focus on digital connectivity
Less-cash economy formalising shared economy, with an impetus to digital payments, is one of the motivations as well as goals of demonetisation
As countries around the world explore design and implementation strategies for CBDCs, India can play a pivotal role in setting a global benchmark
The adoption of digital payments has risen exponentially over the past decade in many countries including India and those in the African continent. In India, the growth has run parallel to rapid mobile penetration, aided by initiatives like Aadhaar, the Unified Payments Interface (UPI), and IndiaStack, as well as the unintended push factor created by demonetisation in November 2016. This brief discusses the landscape of fintech—‘finan
Digital payments are no longer about ensuring that money reaches the intended person or entity. Instead, the data exhaust of the transaction has becom
The ICT supply chain in India is only as strong as its weakest link: the end user. If the user is from rural India, with a limited understanding of the devices and transactions she accesses, her device is a point of vulnerability.
Cyber insecurity is now a global risk no different from the warming climate or forced displacement. Is such insecurity a business risk or a "public bad"?
Cross-border payment is one part of the banking sector that has yet to benefit from recent progress in digitalisation. Most international transactions are still processed using a 600-year-old correspondent banking system devised by the Medici.[1] However, this system of manual entry of transactions is not a scalable solution for the burgeoning digital payments space. While this may seem like an issue for institutions, a huge segment of the popul
दुनिया के तमाम देश CBDCs की संरचना और क्रियान्वयन से जुड़ी र�
भारत आणि नेपाळ यांच्यातील संबंध पुनरुज्जीवित करण्यासाठ
माहितीची सुरक्षा, म्हणजे डेटा सिक्युरीटी हा भारत-अमेरिकेतील व्यापारासंदर्भात असलेल्या वादांमधला कमकुवत दुवा आहे.
कोविडमुळे लोक मोठ्या प्रमाणावर डिजिटल पेमेंटकडे वळले. २०३०पर्यंत भारतात ८५६.६ अब्ज डॉलरची उलाढाल डिजिटल पेमेंटने होईल, असा अंदाज आहे.
