IIM Ahmedabad hosts international research conference on fintech

The main aim of the conference was to bring top researchers, practitioners, regulators in the industry to deliberate on key issues and that the fintech industry has faced in the last few years.

The Indian Institute of Management Ahmedabad's (IIMA), Misra center for financial markets and economy (MCFME) hosted the ‘International Research Conference on FinTech: Innovation, Inclusion, and Regulation’ on March 10 and 11, 2023.

The main aim of the conference was to bring top researchers, practitioners, regulators in the industry to deliberate on key issues and that the fintech industry has faced in the last few years. New developments such as adoption of payment systems such as UPI and technology-driven approaches to lending decision have changed the way Indians transact and borrow, present challenges to traditional banks.

The two-day event featured three panel discussions and a total of 17 research paper presentations on areas ranging from consumer protection, security and stability to financial inclusion. On the first day of the conference, a discuss on 'balancing fintech innovation and regulation' was held by industry professionals that discussed the current regulations of fintech and their implication on entrepreneurial activity and innovation in the financial sector. The second day saw paper presentations on various domains of fintech industry along with academic keynote adresses on 'digitalisation and finance: opportunities and challenges.' This was followed by two panel discussions- 'finTech experiences in India and the world' and 'fintech and financial inclusion.'

While speaking at the conference, IIMA, Misra Centre for Financial Markets and Economy, chairperson, Sanket Mohapatra, said, "The IIMA Misra Centre, in collaboration with CAFRAL, is pleased to host this unique conference which brings together the RBI, FinTech companies, banks, legal professionals, and researchers. The conference provides a common platform to brainstorm on how to leverage the benefits of fast-evolving financial technologies, how regulations can encourage innovations while protecting the interests of consumers, the role of FinTech startups and established firms in expanding access to financial services to previously underserved populations, the interplay of the UPI retail payments system and the e-Rupee, among many other exciting topics."

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