India, Oct. 8 -- Like every year, the Global Fintech Festival (GFF) is serving as a key platform for fintech companies to unveil their newest innovations. Up until now, we have seen multiple new-age tech companies including the likes of ecommerce major Amazon, fintech unicorn BharatPe, IPO-bound PhonePe, among others, launch new products during the annual event.

Leading the innovations from the front was UPI controlling body National Payments Corporation of India (NPCI), which introduced key features within UPI on day one. These included UPI Lite led transactions via smart glasses, on-device biometric authentication, micro ATMs, among others.

While a host of new-age tech innovations pertaining to digital payments have come to the fore, ...