tokenization
Central Banks Remain Cautious on AI Adoption While Dollar Dominance Persists Despite Diversification Efforts
Nov 27, 2025 02:26 am CST
A survey of central banks managing $6.5 trillion reveals most haven't integrated AI into core operations, with 93% avoiding digital assets. Despite desires to diversify from the dollar, its unmatched liquidity maintains its dominance as the global reserve currency amid shifting toward a multipolar financial system.
Mastercard President Predicts End of Physical Cards: The Digital Payment Revolution
Oct 19, 2025 12:28 am CST
Gautam Aggarwal, Mastercard's South Asia President, reveals at NDTV World Summit 2025 that plastic payment cards will likely disappear as payments become entirely digital. He discusses the shift toward biometric authentication replacing OTPs and highlights India's world-leading digital payment ecosystem while emphasizing its untapped potential.
RBI Governor Urges Fintechs to Build for Inclusion and Prioritize Underserved Populations
Oct 09, 2025 10:27 am CST
RBI Governor Sanjay Malhotra emphasizes the crucial role of fintech companies in expanding financial services to underserved communities, while highlighting innovations in digital finance infrastructure and measures to combat fraud. With India's fintech sector growing to 10,000 companies raising $40 billion over the past decade, the central bank is pushing for responsible innovation that combines inclusion, user-friendly design, and robust security measures.