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FINTECH Steering Committee Report

Posted on September 3, 2019 by 98410spice

On 5th March 2018, GOI constituted a Steering Committee on Fintech related issues which has now come up with its recommendations. It was comprised of Secretaries of different ministries and headed by the Secretary of Economic Affairs (DEA) , Mr Subhash … Continue reading →

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Data Laundering ..is it covered under PDPA?

Posted on September 1, 2019 by 98410spice

In continuation of our discussions of yesterday regarding TransUnion CIBIL, further thoughts on the data protection regulatory aspects are being discussed below to draw the attention of RBI, CERT In, MeiTy, Ministry of Commerce etc. Data Protection laws try to … Continue reading →

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Is TransUnion-CIBIL guilty of Accessing Critical Personal Data through surreptitious means?

Posted on August 31, 2019 by 98410spice

Indian consumers of Credit Card services have been frequently expressing their dissatisfaction against the role of CIBIL as a credit rating agency. It is often accused of cheating the public by not providing the free credit report which they are … Continue reading →

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Bitcoin can create a nuclear holocaust

Posted on August 24, 2019 by 98410spice

The Supreme Court of India is now debating on the “Legality” of the “Powers of the RBI to bar the Banks from dealing with Bitcoins and other Crypto Currencies” vis a vis the freedom of Crypto Currency exchanges and miners … Continue reading →

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Is IAMAI acting beyond its objectives?

Posted on August 9, 2019 by 98410spice

IAMAI the Internet and Mobile Association of India is a body registered under the Societies Act with a self declared mandate to expand and enhance the online and mobile value added services sectors. Considering the growth of the mobile industry … Continue reading →

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Supreme Court hearing on Bitcoin

Posted on August 9, 2019 by 98410spice

Bitcoin.com and livelaw.in have reported that the hearing at Supreme Court took place on 8th August 2019 and certain points were presented. The petitions are being heard by a bench consisting of justices Mr R F Nariman and Surya Kant. … Continue reading →

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