In his address at the Global Fintech Fest 2026 in Mumbai, Prime Minister Narendra Modi discussed four priorities for India's fintech sector: expanding UPI globally, harnessing emerging technologies, strengthening cybersecurity, and improving consumer protection.
The Prime Minister, Shri Narendra Modi, shared his address during the inauguration of the Global Fintech Fest (GFF) 2026 in Mumbai via a series of X posts on Twitter. In his address, he highlighted India's successful journey in fintech, particularly the success of UPI. The Prime Minister emphasized expanding UPI's global footprint and taking FinTech beyond payments to include credit, insurance, savings, investments, and pensions. He also spoke about harnessing Agentic AI, Tokenisation, and Quantum technologies for the sector's growth. Additionally, he underlined the importance of top-notch cybersecurity and ethical data protection, a stronger FinTech consumer protection index, and greater innovation. The Prime Minister concluded by stating that India's Reform Express will only gather more speed in the fintech sector and shared four priorities for the sector's development. These priorities are expanding UPI globally, harnessing emerging technologies, strengthening cybersecurity, and improving consumer protection.
Source:
Press Information Bureau
