India, March 19 -- With India cementing its position as the largest digital lending and payments market in the world, the country's financial technology (FinTech) industry is poised to be leading the digital technological innovation in the foreseeable future. In fact, with the digital lending industry expected to be valued at $1.3 Trillion by 2030 and the digital payments industry expected to reach $100 trillion in payment value, also by 2030, it is imperative that adequate guardrails and safeguards are provided to ensure that cybersecurity threats do not derail the domestic FinTech industry's growth momentum; hence underscoring the need for resilient measures that could protect consumers and Fintechs from ever-increasing cyber risks.
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