CICs: A need for stronger safeguards

CICs play a crucial role in India’s financial system. But as the fintech industry in India expands there are concerns over data privacy, regulatory compliance, and consumer protection.

Our Founder and MD, Mr. Shriram Subramanian, wrote an article in the Financial Express about the need to safeguard consumer information. He discusses how ensuring fair, error-free data is fundamental to building trust in our financial ecosystem and, more importantly, in credit information companies' (CICs) handling of sensitive data. In his article, he also addresses some of the challenges faced in India’s financial data ecosystem.

Read our Founder’s full article here: https://www.financialexpress.com/opinion/cics-a-need-for-stronger-safeguards/3740316/