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RBI governor urges fintechs to put consumer trust at the heart of innovation, Inc42 reports

Inc42 says Malhotra urged fintech companies to double down on AI, tokenisation and quantum computing to deepen financial inclusion while strengthening consumer trust.

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9 Sources, 21d ago, first seen 21d ago

TLDR

Inc42 reports that RBI Governor Malhotra told fintech companies at GFF 2026 to extend financial services further, particularly to women entrepreneurs, micro, small and medium enterprises, farmers and customers in Tier III and IV towns. He stressed data protection, cybersecurity and operational resilience, urging companies to treat customer data as a fiduciary responsibility. Inc42 also says he unveiled UPI Tap & Pay and MyUPI, an AI-powered platform built on NPCI’s FiMI model.

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34.2K

9 Sources, first seen 21d ago

40 likes4 comments2 saves6 reposts

Combined views

34.2K

9 Sources, first seen 21d ago

40 likes4 comments2 saves6 reposts

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9 Sources

@EconomicTimesA decade ago, much of what we now take for granted in our financial system was spoken of only as potential and aspiration to be worked towards. Today, that potential has become impact visible in the daily lives of thousands of millions of Indians: RBI Governor Sanjay Malhotra at the Global Fintech Fest 2026 🌍 Catch the day's latest news here ➠ http://ecoti.in/L89-_Z 🗞️21d
@business_today#TechToday | Treat data as a fiduciary responsibility, not as a business asset: RBI Governor Malhotra to fintechs https://ow.ly/L3NW106EwIb21d
@livemintNext decade an opportunity for India to build fintech architecture for the world: RBI governor Malhotra https://www.livemint.com/industry/banking/next-decade-an-opportunity-for-india-to-build-fintech-architecture-for-the-world-rbi-governor-malhotra-11789050731599.html21d
@Inc42🏦 . @RBI Governor @GovSMalhotra wants fintechs to put trust at the heart of innovation. 👇 Speaking at @GffFintechfest 2026, Malhotra urged fintech companies to double down on AI, tokenisation and quantum computing to deepen financial inclusion while strengthening consumer trust. He said the next phase of digital finance must take services deeper into the last mile, particularly for women entrepreneurs, MSMEs, farmers and customers in Tier III and IV towns. Malhotra also stressed data protection, cybersecurity and operational resilience, calling on fintechs to treat customer data as a fiduciary responsibility. At the event, he also unveiled UPI Tap & Pay and MyUPI, an AI-powered platform built on @NPCI_NPCI’s FiMI model. 🔗 From AI to UPI, here’s what the RBI governor wants fintechs to focus on next. Read the full story here: https://4-2.co/4xnW0My #RBI #Fintech #AI #DigitalPayments #News #AIEconomy21d
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    9 Sources

    @EconomicTimesA decade ago, much of what we now take for granted in our financial system was spoken of only as potential and aspiration to be worked towards. Today, that potential has become impact visible in the daily lives of thousands of millions of Indians: RBI Governor Sanjay Malhotra at the Global Fintech Fest 2026 🌍 Catch the day's latest news here ➠ http://ecoti.in/L89-_Z 🗞️21d
    @business_today#TechToday | Treat data as a fiduciary responsibility, not as a business asset: RBI Governor Malhotra to fintechs https://ow.ly/L3NW106EwIb21d
    @livemintNext decade an opportunity for India to build fintech architecture for the world: RBI governor Malhotra https://www.livemint.com/industry/banking/next-decade-an-opportunity-for-india-to-build-fintech-architecture-for-the-world-rbi-governor-malhotra-11789050731599.html21d
    @Inc42🏦 . @RBI Governor @GovSMalhotra wants fintechs to put trust at the heart of innovation. 👇 Speaking at @GffFintechfest 2026, Malhotra urged fintech companies to double down on AI, tokenisation and quantum computing to deepen financial inclusion while strengthening consumer trust. He said the next phase of digital finance must take services deeper into the last mile, particularly for women entrepreneurs, MSMEs, farmers and customers in Tier III and IV towns. Malhotra also stressed data protection, cybersecurity and operational resilience, calling on fintechs to treat customer data as a fiduciary responsibility. At the event, he also unveiled UPI Tap & Pay and MyUPI, an AI-powered platform built on @NPCI_NPCI’s FiMI model. 🔗 From AI to UPI, here’s what the RBI governor wants fintechs to focus on next. Read the full story here: https://4-2.co/4xnW0My #RBI #Fintech #AI #DigitalPayments #News #AIEconomy21d
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