3rd International Conference On Stakeholder Wellbeing Through Value Creation

Apr 28, 2022 | Posted by admin in Campus Corner   No Comments »

The Hon’ble Chief Guest Mr. Kobbi Shoshani, Consul General, Consulate General of Israel, Prof. Dr. V Kumar St John’s University, Mr. Vasudevan P. Chief General Manager (CGM), Reserve Bank of India (RBI), Mr Harshil Jain, strategic advisor for several banks, Sushil Zaregaonkar, Partner – FS Consulting, Digital Technology Transformation and Fintech at EY, Austin P M, Serial Entrepreneur and CEO, EduCentral.in

 

Conference focused on the Fintech Challenges and Opportunities. Since Fintech being the gateway towards the financial services sector, like a help in expansion and determining a good consumer base. Fintech industry has its own challenges and opportunities and how students can learn and gain insights in this ever-booming industry. Fintech has achieved government patronization, which will help to make the lives of all the Fintech’s along with the Stakeholder’s that are the part of this ecosystem better. Speaker provided holistic approach of fintech industry, with over diversified sixteen years of tech and financial consulting to set up new platforms for digital lending and transforming the financial domain as a whole.

Panel discussion was conducted on Fintech – The future of Money

The Panel discussion on Fintech –The Future of Money, was initiated by Mr Harshil Jain,

being a strategic advisor of several banks.The discussion focused on to promote rural literacy. How Regtech companies help ease the burden on institutions related to compliance with cutting-edge solutions. The crypto currency does not have any trusted regulator but still it’s forming a

decentralized financial system. Over the last fifteen years, India has been evolving in fintech and digital payments. The Central bank digital currencies is one of the most disruptive innovation, at the end we hope to have a better financial structure of our country.

Insights of future evolution by Fintech such as – dominating the presence of technology investments in incumbents, emergence of alternative investments and decentralized finance.   Mr Sushil Zaregaonkar gave us a holistic approach of fintech industry, with over diversified sixteen years of tech and financial consulting to set up new platforms for digital lending and transforming the financial domain as a whole.

Objective of the conference was -

How start-ups have become successful  in recent times as compared to two decades ago when there were no angel investors, start-up incubation centres and there was a drastic increase in number of start-ups in India in 2020, few of which even became unicorns. The deep insights into how the innovation and start-up wave is focusing on creating value for customers, and in different spaces such as automotive, defence, healthcare, etc and majority of the start-up firms have disrupted the traditional systems of living- right from what we eat, to how we learn, healthcare services, banking, consumption of knowledge and data, etc by leveraging technology.

Leveraging technology in start-ups is also exponentially bridging the gap between urban and rural population.

Same technology can be used in different parallels and create a lot of demand and value in other spaces that are currently not using technology to its fullest but are an important aspect in everyone’s life one of which is the healthcare sector by giving the example of Ayushman Bharat digital mission (ABDM) by Driefcase which is striving to completely revolutionize the healthcare services in India.

 

 

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