Source: PIB
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.
