How the Covid-19 pandemic is redefining digital payments

Roadmap for secure digital payments

The COVID-19 pandemic has undeniably accelerated the adoption of digital payments. As per the PACE Pulse Survey 2020, by FIS® (NYSE: FIS)--a global leader in financial services technology--68 percent of Indians are now using online or mobile banking to conduct financial transactions, and 51 percent expect to continue using these banking and payment methods after the pandemic.

But the increased adoption of digital payments also resulted in a spike in security breaches and other cyber risks. As cyberattacks become more and more sophisticated, it is imperative for financial institutions and digital wallet providers to strengthen their risk management framework and offer reliable modes of payments.

In this webinar, we address the growing need for a cybersecurity policy, governance reforms and regulations, and uncover the many ways to ensure cyber resilience.