Mint Cash to Digital Summit

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Overview

Mint Cash To Digital Summit was a unique platform where industry experts, industry leaders, policy makers and marketers gathered to discuss about the latest innovation, new requisite, marketing model, digitalisation and many other prospects of digital India.  With the rise of payment gateways, expansion of e-commerce and establishment of payment banks – Are we on our way to beat India’s cash addiction? To further understand whether the Indian banking system and the society as a whole is ready to undergo this transition, Mint organised a business summit with a panel of thought-leaders and industry experts on ‘Towards a cashless economy’.  ‘Digital India’ becomes a buzz word, but less than 5% of all payments happen electronically in India. However a notable transformation may just be round the corner. Aiming to curb black money, the finance minister in his budget speech talked about making India a ‘cashless society’. This platform is amalgamation of digital experts which provided a real picture of the world and practical solution at the hamlet of marketing, user experience, and emerging technologies.

Highlights

  • RBI grants ‘in principle’ approval for payment banks to 11 entities – the most disruptive moment in Indian banking ever:
  • What Nandan Nilekani describes as the Whatsapp moment of Indian banking where the mobile number has been chosen as an identity.
  • And today the volume of the whatsapp messages is 30 billion in a day.
  • The main attraction of the event was Mr. Nandan Nilekani, Indian entrepreneur, bureaucrat and politician and Mr. Ravi Shankar Prasad, Minister of Communications and Information Technology (TBC).

Agenda

Keynote by Nandan Nilekani, Former chairman of the Unique Identification Authority of India:

Topics of Discussions:

Panel 1 : De-  risking transactions: Technology, Security and Fraud

Panel 2: Disruption in banking : Traditional & Payment Banks

Discussions was moderated by a senior Mint editorial. A select gathering of 100+ audience comprising senior representatives from BFSI, technology, retail, e-commerce, regulatory bodies and so on.

Theme

Towards a cashless economy

Speakers

Vijay Shekhar Sharma
Vijay Shekhar Sharma, Founder & CEO, Paytm

Suresh Sethi
Suresh Sethi, Business Head, M-Pesa,Vodafone India

Satyen V Kothari
Satyen V Kothari, MD, Citrus pay

Santanu Mukherjee
Santanu Mukherjee, Chief Innovation & Strategy Officer, Janalakshmi  Financial services

Rajat Kathuria
Rajat Kathuria, CEO, Icrier

Pramod Saxena
Pramod Saxena, Founder & Chairman, Oxigen

Nitin Gupta
Nitin Gupta, Cofounder and CEO at PayU India

Nandan Nilekani
Nandan Nilekani, Former Chairman – Unique Identification Authority of India

M S Sahoo
M.S. Sahoo, Member, CCI (Former member, SEBI)

D K Mittal
D.K. Mittal, former mission director, Direct Benefit Transfer Scheme

Bindu Ananth
Bindu Ananth, Chair, IFMR trust

Ashok Kumar Goel
Ashok Kumar Goel, Chairman, Itzcash

A B Pandey
Dr A.B. Pandey, Director general and mission director, UIDAI

Venue and Date

Venue : Taj Mahal, Man Singh Road, New Delhi

Date : 6th November, 2015

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