Introduction The rapid evolution of Artificial Intelligence (AI) has had a profound impact on multiple industries, and the financial sector is no exception. From fraud detection to credit scoring and from automated trading to personalized financial planning, AI is increasingly becoming central to how decisions are made in finance. AI-powered decision-making represents a transformative shift…
The global financial system, for centuries, has been predicated on the bedrock of trust in intermediaries. Whether it’s a bank safeguarding your savings, a lawyer drafting a contract, or a brokerage executing trades, these central entities have been indispensable. However, the advent of blockchain technology has ushered in a radical alternative: a world where trust…
Introduction Financial inclusion has emerged as a cornerstone of equitable economic development in the 21st century. It refers to the process of ensuring access to appropriate financial products and services—such as savings accounts, credit, insurance, pensions, and digital payments—to all sections of society, particularly the underprivileged and marginalized. In a country like India, with its…
Introduction In the modern world, digital payments have emerged as a transformative force, reshaping the financial landscape. The advent of digital financial services has created unprecedented opportunities for financial inclusion, enabling millions of people worldwide to access banking services that were previously unavailable to them. Digital payments facilitate economic participation, enhance financial literacy, and empower…
India Stack refers to a set of technology-driven solutions and frameworks designed to digitize key aspects of the Indian economy and its governance systems. It is often regarded as one of the most ambitious efforts in the world to build a digital infrastructure for financial inclusion, governance, and public service delivery. The “India Stack” is…
Introduction Digital payment is a modern method of financial transactions that eliminates the need for cash by allowing individuals and businesses to transfer money electronically. With rapid technological advancements, digital payment systems have gained widespread adoption due to their convenience, speed, and security. This essay explores digital payments, how they work, their security mechanisms, potential…