[{"data":1,"prerenderedAt":102},["ShallowReactive",2],{"technologies":3,"blog:fintech-fostering-digital-transactions-and-data-privacy-fm-sitharaman:":7},[4],{"slug":5,"label":6},"php","PHP",{"id":8,"source":9,"title":10,"slug":11,"url":12,"excerpt":13,"image":14,"author":15,"date":16,"date_formatted":17,"categories":18,"tags":22,"content":35,"seo":36,"related":37},22674,"wordpress","Fintech: Fostering Digital Transactions and Data Privacy says FM Sitharaman","fintech-fostering-digital-transactions-and-data-privacy-fm-sitharaman","\u002Ffintech-fostering-digital-transactions-and-data-privacy-fm-sitharaman","Data Privacy FM Sitharaman: India is the world's second-largest digital economy, with a growth rate of 18% in 2018. With one billion Indians expected to have ac...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2021\u002F09\u002FFintech-Fostering-Digital-Transactions-and-Data-Privacy-says-FM-Sitharaman.jpg","Creative Team","2021-09-29T13:31:50+00:00","September 29, 2021",[19],{"name":20,"slug":21},"News","news",[23,26,29,32],{"name":24,"slug":25},"Digital Transactions","digital-transactions",{"name":27,"slug":28},"FinTech","fintech",{"name":30,"slug":31},"data privacy","data-privacy",{"name":33,"slug":34},"FM Sitharaman","fm-sitharaman","\u003Cspan style=\"font-weight: 400;\">Data Privacy FM Sitharaman: India is the world's second-largest digital economy, with a growth rate of 18% in 2018. With one billion Indians expected to have access to banking services by 2020, it is imperative that user data privacy be taken into consideration when developing fintech solutions.\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">The finance minister has highlighted the need for safeguarding data privacy while using fintech payment systems. The report launched at the event also emphasized on including women and their participation in fintech.\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">While addressing the fintech industry, the finance minister said the value of digital transactions jumped to Rs. 65,000 crore in FY 2020 from Rs. 45,000 crore and Rs. 25,000 crore in 2019 and 2018 respectively\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">FM Sitharaman said that data privacy should not be compromised while using new financial technology solutions such as blockchain or AI-based systems.\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">\"I am very impressed that today the UN principles for responsible digital payments are being launched. It is just the need of hour. \u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">We need ... all of us to understand that in our desire to bring in an interoperable system, a system which has to be pushed ahead because of the transparency virtues that it carries, we shouldn't be in a hurry to compromise on any one of these features,\" Sitharaman said.\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">Data Privacy FM Sitharaman, She further said, \"I think India is the prime destination for digital activities and also payments. And therefore we have to take extra care that this country's data privacy is not compromised or breached because of any technological intervention.\"\u003C\u002Fspan>\r\n\r\n\u003Cspan style=\"font-weight: 400;\">\"What I would like you all to work together (is) what are those principles which can be adopted by everybody,\"\u003C\u002Fspan>\u003Cspan style=\"font-weight: 400;\"> Sitharaman asked industry representatives during an interaction held after she unveiled a 'National Strategy For Financial Technology'. Fintech adoption rate in India stands at 87% as opposed to 64 percent globally.\u003C\u002Fspan>\r\n\r\nRead More: \u003Ca href=\"https:\u002F\u002Ftest.yugasa.org\u002Fnews\u002Findias-vaccine-platform-cowin-open-for-all-countries-nirmala-sitharaman\u002F\">INDIA’S VACCINE PLATFORM COWIN IS NOW OPEN FOR ALL COUNTRIES: NIRMALA SITHARAMAN\u003C\u002Fa>",{"title":10,"description":13,"image":14},[38,51,63,75],{"id":39,"source":9,"title":40,"slug":41,"url":42,"excerpt":43,"image":44,"author":45,"date":46,"date_formatted":47,"categories":48,"tags":50},37296,"WhatsApp adds a new \"search by date\" function to make navigating chats easier.","whatsapp-adds-a-new-search-by-date-function-to-make-navigating-chats-easier","\u002Fwhatsapp-adds-a-new-search-by-date-function-to-make-navigating-chats-easier","The well-known messaging app WhatsApp is releasing a new feature that will make sifting through conversations easier than before. Within a chat, the 'Search by...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2024\u002F03\u002Fsearch-by-date.jpg","Subrahmanyeswari","2024-03-11T13:46:01+00:00","March 11, 2024",[49],{"name":20,"slug":21},[],{"id":52,"source":9,"title":53,"slug":54,"url":55,"excerpt":56,"image":57,"author":45,"date":58,"date_formatted":59,"categories":60,"tags":62},37075,"Safeguarding Teenagers Online: Meta Platforms' New Safety Measures on Facebook and Instagram","meta-platforms-new-safety-measures-on-facebook-and-instagram","\u002Fmeta-platforms-new-safety-measures-on-facebook-and-instagram","Nowadays, when it comes to protecting teens from potentially harmful information and unsolicited contact, Meta Platforms, the parent company of Facebook and Ins...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2024\u002F02\u002FNew-Safety-Measures-on-Facebook-and-Instagram.jpg","2024-02-15T06:04:38+00:00","February 15, 2024",[61],{"name":20,"slug":21},[],{"id":64,"source":9,"title":65,"slug":66,"url":67,"excerpt":68,"image":69,"author":45,"date":70,"date_formatted":71,"categories":72,"tags":74},37069,"Navigating the Ethical Horizon: Towards a Global Framework for AI Governance","navigating-the-ethical-horizon-towards-a-global-framework-for-ai-governance","\u002Fnavigating-the-ethical-horizon-towards-a-global-framework-for-ai-governance","The introduction of ChatGPT in November 2022 was a turning point in the democratization of AI, and it created a demand for an international framework to guarant...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2024\u002F02\u002FFramework-for-AI.jpg","2024-02-08T06:49:53+00:00","February 8, 2024",[73],{"name":20,"slug":21},[],{"id":76,"source":9,"title":77,"slug":78,"url":79,"excerpt":80,"image":81,"author":15,"date":82,"date_formatted":83,"categories":84,"tags":86},34097,"The Manifest Names Yugasa Software Labs As One of The Most Reviewed NLP Companies In The World","yugasa-software-labs-the-most-reviewed-nlp-companies","\u002Fyugasa-software-labs-the-most-reviewed-nlp-companies","Natural Language Processing (NLP) is one of the more obscure industries in the online world. But its potential is limitless as businesses look for more ways to...","https:\u002F\u002Fyugasa.com\u002Fpublic\u002Fwp-content\u002Fuploads\u002F2022\u002F11\u002FThe-Manifest-Names-Yugasa-Software-Labs-As-One-of-The-Most-Reviewed-NLP-Companies-In-The-World.jpg","2022-11-17T07:46:07+00:00","November 17, 2022",[85],{"name":20,"slug":21},[87,90,93,96,99],{"name":88,"slug":89},"NLP","nlp",{"name":91,"slug":92},"Yugasa Software Labs","yugasa-software-labs",{"name":94,"slug":95},"The manifest","the-manifest",{"name":97,"slug":98},"Awards 2023","awards-2023",{"name":100,"slug":101},"NLP company","nlp-company",1789543816926]