While the country’s BFSI sector is finally transforming smoothly, the majority of unbanked rural villages still need a big technological nudge.
The Banking, Financial Services and Insurance (BFSI) sector in India is gradually shedding its hesitation towards digitalization—a far cry from its earlier days of caution over progress when technology adoption was taking place worldwide.
To get an idea of how this delayed transformation is taking shape, and also understand the remaining hurdles that need to be overcome, DigiconAsia interviewed one of the leading digital transformation figures in the country, who has been tracking IoT and AI trends extensively.
Jaya Vaidhyanathan is the Chief Executive Officer of BCT Digital, a global technology company specializing in digital transformation, predictive analytics and IoT. Armed with her domain expertise and clear understanding of India’s BFSI industry, Vaidhyanathan shares her insider viewpoints here.