9
Apr
2018
0

Fintech Policy Roundtable on eKYC norms

Recently, several fintech firms have faced problems with the Aadhar e-KYC APIs. The changes in regulations around access to Aadhar APIs creates uncertainty for fintech firms.

India FinTech Forum is organising a Fintech Policy Roundtable to discuss the following:

Regulations related to Aadhar e-KYC API access and the impact of policy uncertainty on fintech firms, especially when mobile wallet companies, digital credit and investment apps are significantly dependent on this facility.

This Fintech Policy Roundtable would focus on the regulatory steps that are needed to provide a stable environment for innovation using India Stack, especially focusing on the Aadhar APIs. A summary of the discussion will be shared with CEO, UIDAI. 

Agenda:
4:00 pm – 4:10 pm: Brief introduction of India FinTech Forum and Rise Mumbai
4:10 pm – 4:20 pm: Introduction of the topic and its impact – Mr. Jitendra Gupta, MD at PayU
4:20 pm – 5:20 pm: Open discussion to hear the views of all participants moderated by Mr. Vivek Belgavi Partner, Financial Services – FinTech and Technology Consulting Leader, PwC
5:20 pm – 6:00 pm: Networking session

Date: 24th April, 2018 (Tuesday)

Time: 4:00pm to 5:30pm

Venue: Rise Mumbai, 19th floor – Tower B, Peninsula Business Park, Lower Parel, Mumbai

We have received a confirmation from the following guests:

Name  Company Designation 
Dewang Neralla Atom Technologies CEO
Kapil Modi The Carlyle Group Vice President
Naveen Kukreja Paisabazaar.com CEO & Co-founder
Ravi Garikipati Flipkart Head – Fintech
Sabyasachi Goswami Perfios Vice President, Head-Sales
Sameer Jaini The Digital Fifth CEO
Surjyasnata Sahoo Digibank India Vice President
Vijayaraghavan Narasimhan FundsIndia Vice President – Technologies
Vinod Keni Artha Venture Fund Partner
Vivek Belgavi PwC Financial Services Financial Services Technology Consulting Leader

This is a random list to show the mix of participants from banks, financial services firms and fintech startups. This is not an exhaustive list as 50+ people have shown interest till now.

RSVP NOW

Please be available at 4:00 pm on 24th April, 2018 (Tuesday) to attend this Fintech Policy Roundtable. 

We look forward to your participation.

 

 

15
Mar
2018
1

Fintech Policy Roundtable on Open API Policy in India

Under the Digital India initiative, the government has mandated an open API policy for five key programmes – Aadhaar, e-KYC (know your customer), e-Sign (a mechanism for digitally signing documents that is legally accepted), proposed privacy-protected data sharing, and the Unified Payments Interface or UPI. The emerging solutions could further the cause of financial inclusion and reduce complexities in transactions.

India FinTech Forum organised a Fintech Policy Roundtable as a part of Fintegrate Zone 2018 to discuss – What should be India’s Open API Policy to encourage fintech innovation on 1st March, 2018. This Fintech Policy Roundtable focused on the legal aspects and regulatory steps that are needed to promote open API policy in India.

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14
Mar
2018
1

The Incredible Growth of Fintech

Believe it or not, Fintech is not something new. If you look at the definition of Fintech, it is where technology has been applied to financial services. By that definition, the first modern version of Fintech was back in 1918 when the Fedwire was developed by the U.S. Federal Reserve Bank.

The Fedwire Funds Service made the world’s first wire transfer possible and ushered in the Fintech age. It wasn’t until sixteen years later that the next advance – the cash machine – was made. It then took another sixteen years to develop the credit card.

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25
Feb
2018
1

FinTech Policy Roundtable on India’s Open API Policy to encourage fintech innovation

Under the Digital India initiative, the government has mandated an open API policy for five key programmes – Aadhaar, e-KYC (know your customer), e-Sign (a mechanism for digitally signing documents that is legally accepted), proposed privacy-protected data sharing, and the Unified Payments Interface or UPI. The emerging solutions could further the cause of financial inclusion and reduce complexities in transactions.

India FinTech Forum is organising a Fintech Policy Roundtable as a part of Fintegrate Zone 2018 to discuss – What should be India’s Open API Policy to encourage fintech innovation on 1st March, 2018. This Fintech Policy Roundtable would focus on the legal aspects and regulatory steps that are needed to promote open API policy in India.

RSVP Now

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23
Jan
2018
1

Fintech Policy Roundtable on SEBI’s Investment Advisers Regulation

India FinTech Forum had recently organised a Fintech Policy Roundtable at ISME ACE in Mumbai on 22nd January, 2018. The objective of this roundtable was to discuss the latest consultation paper from SEBI on “Amendments/ Clarifications to the SEBI (Investment Advisers) Regulations, 2013“. The event was moderated by Mr. Sachin Seth, Partner – Financial Services Advisory | Digital, Fintech & Innovation Leader at EY and was attended by 65 participants including CXOs of various robo-advisory and financial services firms. EY collated the points discussed during the Fintech Policy Roundtable and these points were shared with SEBI.

The investment space is expected to see significant disruptions with robo-advisors, algorithmic trading etc. Also interesting technology developments like Aadhar-based eKYC, UPI, eNACH will change the way the wealth management services are offered. Hence, it is important to make sure that the correct regulatory framework is in place to foster innovative solutions using the latest technologies.

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20
Jan
2018
1

Agenda for Fintech Policy Roundtable on 22nd January 2018

Agenda:
4:00 pm – 4:10 pm: Brief introduction of India FinTech Forum and ISME ACE by Mr. Aparajit Bhandarkar, CAO, ISME ACE
4:10 pm – 4:20 pm: Introduction of the topic and its impact – Mr. Sachin Seth, Partner – Financial Services Advisory | Digital, Fintech & Innovation Leader at EY
4:20 pm – 5:20 pm: Open discussion to hear the views of all participants
5:20 pm – 6:00 pm: Networking session

We have received confirmation from the following guests:
Vinod Keni, Partner at Artha Venture Fund
Anand Lunia, Co-Founder and Partner at India Quotient
Bhavik Vasa, Chief Growth Officer at ItzCash
Gaurav Suri, Sr EVP and Head Marketing at UTI MF
Hitesh Sachdev, Head- Start-up Engagement, Innovation & Investments at ICICI Bank
Nisarg Gandhi, Co-founder and CEO at Wealthtrust
Nitin Agrawal, Co Founder at ORO Wealth
Prasanna Lohar, Head of Technology at DCB Bank
Satyen Kothari, Founder and CEO at Cube‎
Sougata Basu, Founder at CashRich
Anu Tiwari, Partner at AZB Partners
Anuradha Ramachandran, Director, Investments at Omidyar Network

This is a random list to show the mix of participants from banks, investors, financial services firms and fintech startups. This is not an exhaustive list as 50+ people have shown interest.

7
Jan
2018
1

Inviting comments on SEBI’s Consultation paper for Investment Advisors

In the last few months SEBI has come up with important regulatory initiatives for the mutual fund industry such as:
  • Categorization and rationalization of mutual fund schemes
  • Adoption of total return index (TRI) to benchmark schemes
  • Separation of investment advisory and mutual fund distribution
Recently SEBI has issued a consultation paper on proposed Amendments to the SEBI (Investment Advisers) Regulations, 2013. This news article provides further details.
India FinTech Forum is organising a Fintech Policy Roundtable to discuss the consultation paper on 22nd January, 2018.
Date: 22nd January, 2018
Time: 4pm to 6pm
Venue: ISME ACE, 3rd floor, One Indiabulls Centre, Lower Parel, Mumbai
Some of the proposed changes may positively or negatively affect fintech startups. It is important to communicate the feedback/ concerns of the fintech sector to SEBI so that these regulatory changes encourage innovation in the wealth management space.
We would love to hear from you and hope to see you at 4pm on 22nd January, 2018 (Monday).
28
Dec
2017
1

Mutual funds ‘Sahi Hai’ — if you bridge the advice gap

Investors must do their own research while also sounding out professional advisors