| | JUNE 20244VOL 10 · ISSUE 1 - 4 · JUNE, 2024 PublisherOffice Editorial queries editor@ciotechoutlook.com To subscribeVisit www.ciotechoutlook.com/magazine/or send email to: subscription@ciotechoutlook.comMagazine Price is Rs 150 per issuePrabhu Dutta A.R.N RayAlok ChaturvediManager DesignMagendran PerumalCirculation ManagerEditorial TeamNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Aruna kSurbhi SumanManaging EditorSudhakar SinghVisualizersAdvertising queriessales@ciotechoutlook.comBangaloreTel 080 46441103Gm Sales & MarketingRavi KalgiPrinted and published by Alok Chaturvedi on Behalf of Biz Print Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Hima P MRoshan AktharNalini BramhanpalliViswanathan ANoidaTel 120 4639300EDITORIALSMART SOLUTIONS, SECURE TRANSACTIONS The Fintech Solutions market in India has evolved rapidly in the last few years due to technological innovation, government initiatives, and consumers ­ mainly the young ones, who are tech-savvy. The digital payments, mobile banking and other online financial services are quickly growing in India and thus making India a perfect place for start-ups in financial technologies. The main driver of such growth is the increased usage of both smart phones and Internet that has enabled millions of Indians to access various types of financial services. The growth is even more evident in the last few years with the government's emphasis on a digital economy through programmes like Digital India and the UPI. Specifically, UPI has completely transformed the payment phase where people can easily and instantly transfer money and has experienced a sharp increase in the number of transactions. Furthermore, it can also be noted that lockdown and social distancing measures accelerated the advancement of digital financial services. As physical contacts became limited due to the COVID-19 restrictions, the consumers and businesses had to rely more on the digital channels when it came to purchases, financing, and other financial activities. This change saw the emergence of more fintech startups and heavy investment from both local and international investors eying the growth potential of the market. This is the case since regulatory support has also helped to boost the development of the fintech sector. RBI and other regulatory authorities have implemented some guidelines for the innovation of financial services in order to avoid compromising on the security aspect, which has made a good environment for the fintech companies. This issue acquaints you with the 10 most promising solution providers in this field. In this special issue, CIOTechOutlook brings to you the companies that have made their mark in this domain with their technology acumen and industry expertise. These companies have kept abreast of the new technological advancements in this sector and have leveraged them to their full potential. We hope this issue gives you helpful insights into this market landscape. . Sudhakar SinghManaging Editorsudhakar@ciotechoutlook.com
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