https://www.taxtmi.com/news?id=61187 Transformational technologies require banks to recognise structural and regulatory challenges: India's public-led digital public infrastructures enabled fintech-led innovation and scale, exposing banks' legacy constraints and compliance burdens. Emerging technologies-AI, blockchain, quantum, private digital currencies and CBDCs-can erode banks' roles in monetary creation, payment authentication and intermediation, posing systemic considerations beyond issuer responsibilities. Banks should modernise monolithic infrastructure, adopt platform and API collaboration with fintechs, reengineer culture for innovation, and strengthen digital, data and governance capacities to combine prudential discipline with agility. en-us Mon, 10 Nov 2025 18:36:30 +0530 Mon, 10 Nov 2025 18:36:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61187 Transformational technologies require banks to recognise structural and regulatory challenges: India's public-led digital public infrastructures enabled fintech-led innovation and scale, exposing banks' legacy constraints and compliance burdens. Emerging technologies-AI, blockchain, quantum, private digital currencies and CBDCs-can erode banks' roles in monetary creation, payment authentication and intermediation, posing systemic considerations beyond issuer responsibilities. Banks should modernise monolithic infrastructure, adopt platform and API collaboration with fintechs, reengineer culture for innovation, and strengthen digital, data and governance capacities to combine prudential discipline with agility. News - Mon, 10 Nov 2025 18:36:30 +0530 https://www.taxtmi.com/news?id=61187