Latest current affairs · 23–24 Sep
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Global Fintech Fest 2025 (GFF 2025)

1 min read Source: PIB
All exams GA
Event Details:
  • What: 6th edition of Global Fintech Fest (GFF 2025)
  • When: October 7–9, 2025
  • Where: Jio World Convention Centre & Nita Mukesh Ambani Cultural Centre (NMACC), Mumbai, Maharashtra
Key Highlights & Initiatives
Denmark-India Collaboration:
  • Focus on Green Fintech, in partnership with Startup Réseau.
  • Five thematic clusters: Policy & Framework, Industry, Investors, Startups, Ecosystem Enablers.
  • Launch of report: “Green Fintech – Denmark: Digital Solutions for a Sustainable Future” highlighting innovation and collaboration opportunities.
Mastercard Initiatives:
  • PhonePe Partnership: Ecosystem-wide device tokenisation for secure digital transactions.
  • AU Small Finance Bank: Launch of Multi-Currency Forex Card with up to 6 currencies, emergency cash, embassy support, and insurance.
Visa Initiatives:
  • Payment Passkey: Biometric/facial/passcode authentication in collaboration with Razorpay, PhonePe, PayU, Juspay.
  • Corporate Sapphiro Forex Card: Premium prepaid card for corporate leaders via ICICI Bank.
  • Multi-Currency Prepaid Forex Card: Launched with Zenith Leisure Holidays Ltd. via Pismo.
  • AI Co-Branded Card: Partnership with Xoxoday for AI-powered rewards.
Bank of India (BoI) Initiatives:
  • PoC Solutions: Prevent fraudulent mobile banking registrations.
  • Biometric UPI Transactions: Simplified small-value payments.
  • Premium Credit Cards:
    • Celestia: For high-value customers, benefits up to ₹1.5 lakh.
    • Lakshmi Card: Women-focused premium card.
  • MoU with PayNearby: Empowering women under Digital Naari Initiative.
AI & Digital Integration:
  • RBI: Digital Payments Intelligence Platform for real-time risk detection.
  • OpenAI + NPCI/Razorpay: Agentic payments pilot via ChatGPT.
  • Finternet Initiative: India’s integrated digital financial infrastructure for tokenised assets, expanding to 20 ecosystems globally.
  • Paytm AI Soundbox: AI-powered merchant device supporting 11 Indian languages.
  • CCAvenue CommerceAI: AI platform for autonomous commerce integration.
Other Notable Launches:
  • BharatPeX: Payment Aggregator & Gateway platform for enterprises.
  • Portfolio 360: Tata Mutual Fund’s app feature for complete portfolio overview.
  • Vega (Getepay): Indigenous payment switch for real-time settlements and high-volume transactions.
  • Lenskart Smartglasses: Direct UPI payments via QR scanning on smartglasses.
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