News Synopsis
The fintech industry, according to Prime Minister Narendra Modi, needs to work tirelessly on safety and reliability to maintain the public's trust. Modi stated in his remarks at the Global Fintech Fest that the industry has served as an example of the miracles that can be accomplished when a government that supports innovation joins forces with the dynamism of young and creative minds.
In the message, which was read out by Kris Gopalakrishnan, Chairman, GFF 2022 Advisory Board, Modi said, “Innovation for inclusion has been our mantra, leading to the revolution in public delivery ensured by the JAM Trinity, success of UPI in making digital payments a way of life, and India’s global rise in the fintech and startup space as a hub of innovation and investment,”