https://www.taxtmi.com/news?id=24530 Government initiatives - notably Jan Dhan, the JAM trinity with Direct Benefit Transfer, and Aadhaar-enabled payments - are presented as foundational enablers of widespread FinTech adoption, promoting transparency, contactless transactions, and timely delivery of services. Complementary regulatory mechanisms such as the Open Credit Enablement Network and the Account Aggregator framework are described as lowering distribution costs, enabling formal credit flow to vulnerable micro and small enterprises, and supporting smaller short term lending, while national broadband expansion is identified as critical infrastructure to scale FinTech services. en-us Thu, 30 Sep 2021 15:38:07 +0530 Thu, 30 Sep 2021 15:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24530 Government initiatives - notably Jan Dhan, the JAM trinity with Direct Benefit Transfer, and Aadhaar-enabled payments - are presented as foundational enablers of widespread FinTech adoption, promoting transparency, contactless transactions, and timely delivery of services. Complementary regulatory mechanisms such as the Open Credit Enablement Network and the Account Aggregator framework are described as lowering distribution costs, enabling formal credit flow to vulnerable micro and small enterprises, and supporting smaller short term lending, while national broadband expansion is identified as critical infrastructure to scale FinTech services. News - Thu, 30 Sep 2021 15:38:07 +0530 https://www.taxtmi.com/news?id=24530