Perceived Cyber Security Challenges in Adoption and Diffusion of FinTech Services in India

Author:

Kudal Pallavi1,Dawar Sunny2ORCID,Rai Rashmi3,Dawar Prince4

Affiliation:

1. Dr. D.Y. Patil Institute of Management Studies, Pune, India

2. Faculty of Management and Commerce, Manipal University Jaipur, India

3. School of Business and Management, Christ University, Bangalore, India

4. Poornima Group of Colleges, Jaipur, India

Abstract

FinTech is a term that refers to a new type of digital technology that intends to build up and automate the distribution and management of financial services. FinTech is an abbreviation for “financial technology.” FinTech, or financial technology, assists companies, business holders, and consumers in managing their financial procedures and methods. The high adoption rate of fintech services creates a whole ecosystem of looters and hackers. This indeed is scary, and this chapter makes an attempt to understand the adoption rate of fintech services and diffusion challenges at the same time.

Publisher

IGI Global

Reference37 articles.

1. Agarwal, H. (2022, January 24). New & emerging Fintech Security Trends in 2022. The Times of India.

2. An Intelligent Tree-Based Intrusion Detection Model for Cyber Security

3. AntonucciD. (2017). The cyber risk handbook: Creating and measuring effective cybersecurity capabilities. John Wiley & Sons.

4. BCG & FICCI. (2021). India FinTech: A USD 100 Billion Opportunity. BCG.

5. BuchananB. (2016). The cybersecurity dilemma: Hacking, trust, and fear between nations. Oxford University Press.

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