Fintech Convergence Council

RBI Strikes A Bold Stance With SRO for Fintech, Aims To Foster Responsible Innovation in The Thriving Sector

17/01/2024

Establishing this could streamline regulatory oversight and foster a self-regulatory mechanism within the fintech sector, addressing compliance and accountability issues plaguing the industry

Amendments To KYC Norms Will Create A Robust Inclusive Digital Payment Ecosystem: Fintech Convergence Council

11/05/2023

According to the council, the amendments bring several changes to the KYC process for REs (Regulated Entities), including the revision of the threshold of 'beneficial ownership' for registered 'company' and 'trust' to 10 per cent from the earlier 25 per cent...