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Global Fintech Fest 2025

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Global Fintech Fest 2025
File:GFF 2025.webp
Date

The Global Fintech Fest 2025 (GFF 2025) was the sixth annual edition of the Global Fintech Fest, a premier global conference dedicated to financial technology. Held from 7 October 2025 to 9 October 2025, the event took place at the Jio World Convention Centre and Nita Mukesh Ambani Cultural Centre (NMACC) in Mumbai, India. Organised by the Payments Council of India (PCI), National Payments Corporation of India (NPCI), and Fintech Convergence Council (FCC), GFF 2025 attracted over 100,000 delegates from more than 100 countries.

Theme

The theme for GFF 2025 was "Empowering Finance for a Better World Powered by AI", focusing on the integration of Artificial Intelligence (AI) with human insight to drive smarter financial decision-making, foster innovation, and ensure inclusive access to financial services.[1]

Key highlights

1. AI-Driven Initiatives

  • AI-Based UPI HELP: The Reserve Bank of India (RBI) introduced an AI-powered system to assist users with payments, mandates, and dispute resolutions in digital transactions.[2]
  • E-Commerce Payments via ChatGPT: A pilot project was launched enabling e-commerce payments through ChatGPT, leveraging AI to facilitate transactions on digital platforms.[3]

2. Digital Public Infrastructure

  • Finternet Platform: Nandan Nilekani, Chairman of Infosys, announced the upcoming launch of Finternet, a Digital Public Infrastructure (DPI) platform utilising tokenisation technology to streamline and regulate infrastructure.[4]
  • Unified Market Interface: RBI Governor Sanjay Malhotra revealed plans for a Unified Market Interface aimed at enhancing financial market efficiency and integration.[5]

3. Financial Inclusion and Innovation

  • Foreign Currency Settlement System: Finance Minister Nirmala Sitharaman launched a new system in GIFT City to facilitate local foreign currency transactions.[6]
  • UPI Enhancements: The RBI introduced several updates to the Unified Payments Interface (UPI) ecosystem, including features like wearable smart glasses for hands-free payments, Aadhaar-based face authentication for setting up UPI PINs, and the ability to withdraw cash using UPI at Micro ATMs located at UPI Cash Points.[7]

Notable speakers

  • Narendra Modi, Prime Minister of India
  • Keir Starmer, Prime Minister of the United Kingdom
  • Nirmala Sitharaman, Finance Minister of India
  • Sanjay Malhotra, Governor of the Reserve Bank of India
  • Nandan Nilekani, Chairman of Infosys
  • Representatives from over 800 organisations, including fintech startups, financial institutions, and technology companies.[8]

Expo

The event featured an Expo showcasing innovations, solutions, and technologies like DigiLocker, EntityLocker, and API Setu.[9]

References

  1. "Theme – GFF 2025: AI, Innovation & Inclusion". Global Fintech Fest. Retrieved 2025-10-09.
  2. "RBI unveils four digital payments initiatives". The Economic Times. 2025-10-09. ISSN 0013-0389. Retrieved 2025-10-09.
  3. "DPI platform Finternet to go live by 2026: Nandan Nilekani". The Economic Times. 2025-10-08. ISSN 0013-0389. Retrieved 2025-10-09.
  4. "DPI platform Finternet to go live by 2026: Nandan Nilekani". The Economic Times. 2025-10-08. ISSN 0013-0389. Retrieved 2025-10-09.
  5. "RBI readies unified interface, work on digital onboarding standards underway: Sanjay Malhotra". The Economic Times. 2025-10-08. ISSN 0013-0389. Retrieved 2025-10-09.
  6. "Global Fintech Fest: FM launches foreign currency settlement system; India accounts for 'half of world's real-time digital transactions'". The Times of India. 2025-10-07. ISSN 0971-8257. Retrieved 2025-10-09.
  7. "Latest UPI rules: Payments via smart glasses, UID-based face authentication, ATM withdrawals using UPI and more". The Economic Times. 2025-10-08. ISSN 0013-0389. Retrieved 2025-10-09.
  8. "BCG at the Global Fintech Fest". BCG Global. Retrieved 2025-10-09.
  9. "Global Fintech Fest - Digital India | Leading the transformation in India for ease of living and digital economy | MeitY, Government of India". Digital India | Leading the transformation in India for ease of living and digital economy | MeitY, Government of India.


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