Global FinTech Fest 2021| FinTech: Empowering a Global Digital Economy | 28 to 30 September 2021
"India Has Highest Fintech Adoption Rate of 87%"

India is the prime destination for digital payments and the emphasis should be on the importance of data privacy and safeguarding client data. Smt Nirmala Sitharaman, Hon'ble Minister of Finance and Corporate Affairs, Govt of India, said at GFF

that India has the highest fintech adoption rate of 87% as opposed to the global average rate of 64%. The value of digital transactions has jumped to INR 6 lakh crore in January-August 2021 from INR 4 lakh crore last year. However, she highlighted that safeguarding of client data is the backbone to bringing trust. “Data privacy is very important and it is an issue on which there can be a lot of contentious views. However, basic respect for privacy as the guiding principle is well-appreciated,” she said. Smt Nirmala Sitharaman was the Chief Guest at GFF 2021.

Press Release - The Economic Times | Business Standard | Mint

"India Will Be Among Top Digital Markets"

India is poised to become one of the largest digital markets with rapid expansion of mobile and internet networks, Shri Piyush Goyal, Hon’ble Minister of Textiles, Minister of Commerce and Minister of Consumer Affairs, Food and Public Distribution, said while addressing the valedictory session at the Fest.

India today is among the fastest growing fintech markets, with more than 2,100 such entities. “A lot of Indian fintechs are unicorns and India’s market is currently valued at $31 billion and expected to grow to $84 billion by 2025," Goyal said.

The Minister said that while the Jan-Dhan-Aadhaar-Mobile (JAM) trinity was built by the government ensured transparency, integrity and timely delivery of financial benefits and service, the fintech industry made these transactions simple and seamless across the country. As of May 2021, indigenous UPI system has seen participation of over 224 banks and recorded 2.6 billion transactions worth $68 billion.

Press Release - The Economic Times | Mint | Business Standard

"Post-Covid World Presents a ‘Y2K-like’ Moment for IT "

The post-Covid world presents a ‘Y2K-like’ moment for Indian IT firms, and the industry needs to play a bigger role in tackling skilling-related challenges to ensure that this huge opportunity can be seized, Shri Rajeev Chandrasekhar, Minister of State in the Ministry of Skill Development and Entrepreneurship;

and Ministry of Electronics and Information Technology, Government of India, said at GFF 2021. Emphasizing that Skill India is one of the inspiring missions of the Government of India, Mr Chandrasekhar stressed on the collaboration between the government and industry on predictive planning for sophisticated high-end skilling. He stated that the government has created a network of training centres across the country and industry should invest capital in expanding the network, training, skills and cease this opportunity.

Press Release - The Economic Times | Mint | Business Standard

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HODL 2021| Crypto Assets Conference| 7-8 September
"We Will Be Able to Walk the Tight Rope of Balancing Stability and Growth for Crypto"
Crypto has become an important asset class in India. It’s important for us to take a step back and reflect on how India should participate in crypto finance. At the first edition of HODL - the Crypto Assets Conference, Shri Jayant Sinha, Member of Parliament Lok Sabha and Chairman Standing Committee on Finance, said "We will be able to walk the tight rope of balancing stability and growth when it comes to crypto instruments."

"Not just in India but around the world crypto assets, decentralized finance - all of the new innovations in financial systems have caused the regulators and policymakers to think very carefully on how to ensure protection for consumers and a well-regulated, well-functioning set of markets associated with these crypto assets. I am confident that when it comes to crypto instruments, we will be able to walk the tight rope of balancing stability and growth. Solutions for India has to be distinct and unique for India simply because of our unique circumstances," Shri Sinha added.

At the conference, R Gandhi, Former Deputy Governor of the Reserve Bank of India, outlined a possible regulatory framework for crypto assets. He stressed that "crypto needs to be treated as a foreign asset and should be taxed on the basis of its payment channels."

BACC is an industry body of IAMAI whose members are crypto exchanges operating in India and are signatories of a self-regulatory code of conduct that ensures they comply with basic KYC and other regulatory guidelines. The conference was organised to create a consumer safe environment for 15 million crypto users in India.

Speakers: Shri Jayant Sinha, Member of Parliament, Lok Sabha and Chairman Standing Committee on Finance | Dr Amar Patnaik, Member of Parliament, Rajya Sabha | Mai Santamaria, Head of Financial Advisory team, Department of Finance, Ireland | R Gandhi, Former Deputy Governor, RBI | Dr Gulshan Rai, India's First Cyber Security Coordinator of India and Advisory Board Member, IAMAI-BACC | Naveen Surya, Advisory Board Member, IAMAI-BACC

Press Release HODL 1 | Press Release HODL 2 - The Economic Times | Mint | The Hindu
GATO 2021| Digital Gaming: The Next Leap| 15 September 2021
Gaming - "Blanket Banning is Not a Solution"
The distinction between games of skill and games of chance needed to be defined, instead of a complete ban on gaming. GATO 2021 discussed why there's an immediate need to understand how we navigate the regulatory framework.

Shri Jayesh Ranjan, IAS, Principal Secretary Industries & Commerce (I&C) Department & Information Technology, Electronics and Communications (ITE&C), Government of Telangana, said at the event: "We are threading cautiously when it comes to gaming. Blanket banning is not a solution, one needs to have a distinction between games of skill and games of chance."

IAMAI organised the annual conference on gaming - GATO'2021. The theme of this year's conference was 'Digital Gaming: The Next Leap'. The virtual conference discussed the latest trends and insights on digital gaming, how to monetise games and strategies, the best practices one needs to follow and how to create an enabling gaming ecosystem by engaging with all stakeholders.

Speakers: Shri Jayesh Ranjan, IAS, Principal Secretary Industries & Commerce (I&C) and Information Technology (IT) Department, Government of Telangana | Smt. Tanushree DebBarma, IAS, Revenue Department, Government of Tripura | Subodh Sachan, Director, Startup, and Innovation Promotion, STPI | Bhavin Pandya, CEO, Games24x7 | Adarsh Nair, Chief Product & Experience Officer, Bharti Airtel, and CEO, Airtel Digital | Akshat Rathee, Managing Director, NODWIN Gaming | Ali Hussein, CEO, Eros Now | Rajan Navani, Vice Chairman & MD, Jetline Group of Companies

Press Release/Media Coverage - NDTV
Amendments in Section 31D of Copyright Act to Ensure Level-Playing Field Between Traditional and Digital Broadcasters
Mentioning the concept of statutory licensing under Section 31D was introduced to provide access to work in a fair and equitable manner, IAMAI said the amendments in the section will ensure internet or digital broadcasters avail the statutory licensing facilities.

IAMAI had made a submission to the Department for Promotion of Industry and Internal Trade (DPIIT) on ‘Review of the Intellectual Property Rights Regime in India'. The Department Related Parliamentary Standing Committee (DRPSC) had recommended the amendments - seeking to incorporate "internet or digital broadcasters" such as Over the Top (OTT) platforms, music apps etc, under the benefit of statutory license along with traditional broadcasters.

However, some of the members opined Section 31D was meant to be very limited in scope, to address only traditional linear radio and TV broadcasting services and there are differences between traditional and newer services.
OutSystems Roundtable| The Growing Threat of Technical Debt: Balancing Speed and Quality | 15 September 2021
Why businesses often go for technical debt? How to manage and reduce debt? The discussion revolved around the ways to curtail technical debt.

Today, businesses emphasise a faster go-to-market and so, the approach is to build applications often becomes short-term in nature, and the team cuts corners to meet the target faster. This is when businesses often go for technical debt - a debt that businesses eventually have to pay with time, money, and resources, typically for choosing speed over quality. This virtual discussion saw participation of market leaders as they shared their views and thoughts on: a) Major causes of Technical Debt b) Different Types of Technical Debts c) How to Manage and Reduce Technical Debt

Speakers: Ajay Tiwari, CTO & Head of Technology, Healthkart | Dhaval Pandya, Corporate Chief Information Officer (CIO), Piramal Enterprises | Jyotiswarup  Raiturkar, CTO, Angel One | Krishnakumar Gangaatharan, Solutions Architect Team Lead, OutSystems | Mahesh Vandi Chalil, Senior Vice-President - Technology, BookMyShow | Mukesh Sharma, Chief Technology Officer, Paisabazaar | Prasanna Lohar, Chief Innovation Officer, DCB Bank | Prashant Bhadauria, VP of Engineering, ZestMoney | Rakesh  Shukla, Vice-President, Technology, Pine Labs | Subrato Bandhu, Regional Vice-President - India, OutSystems | Sumit  Malhotra, CIO, Times Internet | Vipin Rustagi, General Manager - IT, Page Industries
InMobi Panel Discussion | How are Brands Re-thinking Marketing Strategies? | 16 September 2021
The parameters for successfully building brand awareness, customer engagement and loyalty are constantly evolving. The panel discussed the challenges faced by brands in the current times and how are marketing leaders in the country rethinking their strategies to meet business objectives?

The role of marketing is now more important than ever, as it is at the core of building the brand and driving business revenue while supporting the end-to-end customer journey from acquisition to renewals. 

Speakers: Anuj Ranka, Performance Marketing Head, EarlySalary | Apoorv Soni, Associate Vice President, Bharti Axa | Gagan Singla, Chief Digital Officer, HDFC Securities| Jayatri Dasgupta, CMO, PayNearby | Nishtha Arora, Product & User Insights Head, Cuemath | Prajakta Rathe, AVP - Digital Marketing, MyGlamm | Rajath Kumar, Associate Vice President Marketing, Capital Float | Rohit Dosi, Director - Microsoft Advertising, InMobi | Ronak Sheth, CMO, IIFL Wealth and Asset Management | Surabhee Gupta, Head of Digital Marketing, Lenskart | Ruchika Jain, Project Lead, Thought Bulb
Refinitiv Webinar | Changes in Asset Management, Driven by Technology | 14 September
The webinar captured how an increased focus on deploying an efficient technology stack across the entire investment management operation will enable portfolio managers to capture alpha and consistently deliver value to investors.

Major challenges that investment managers face today include: information fragmentation across disparate systems, such as separate portfolio management systems (PMS), order management systems (OMS), execution management systems (EMS), and risk management systems. While the advances in technology and automation influence the investment landscape, the most successful fund managers will be those that can use technology as a strategic lever and capitalise on the latest tools available at their disposal. 

Speakers: Mark Kuuse, Regional Sales Director, Asia-Pacific, Refinitiv | Ujjwal Jain, CEO, WealthDesk | Subodh Hungund, Head Of Information Technology, Trust Mutual Fund | Parijat Garg, SVP,  IIFL Asset Management | Raj K Singh, MD, and CEO, IDBI Asset Management | Vishnu Soni, Deputy Vice President & Fixed Income Fund Manager Bharti AXA Life Insurance
Route Mobile Webinar | Create Omnichannel Banking Experience to Improve Customer Engagement | 16 September
What are some of the omnichannel marketing solutions and how to unlock the power of automation for the financial institutions in finding time-sensitive opportunities, allowing for real-time decisions and delivery of messaging, cost reduction, higher trust, and loyalty.
The BFSI industry experts to be futuristic need to combine technology, data, analytics, and automation for delivering a personalised experience that is customer-centric with integrated solutions. The webinar discussed some of the omnichannel marketing solutions and the power of automation that will benefit the financial institutions.

Speakers: Nilesh Jajoo, Director, Deloitte | Ashwin Narkhede, Category Manager-Customer App, Tata AIG General Insurance | Deepak Oram, Head - Marketing Technology & Automation, HDFC Bank | Meghna Chettri, Sr, AVP, UTI Mutual Fund | Nandini Raman, Marketing Head, CreditMantri | Sulaxna Singh, Associate Director, PhonePe | Tushar Agnihotri, Country Head India & Regional Head APAC, Route Mobile