Big Tech wields considerable influence over commerce, speech, media, and politics. Mergers and acquisitions have been key to their burgeoning growth. Now it is clear that their power is buttressed by anti-competitive and predatory practices. Governments across the world are moving to redress this through regulation, but the task is complex.
Fintech refers to a service or product which cuts across technology and finance. Covering everything from blockchain/cryptocurrency and Artificial Intelligence to data and the Internet-of-Things, it is becoming integral to India’s development agenda. This table sets out the various constituents of fintech and the regulations governing them