Proceedings of the International Conference on Law and Technology (ICLT 2025)

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The Silent Risks of Fin-Tech: Unveiling India’s Regulatory Blind Spots

Authors
B. Jaipal Reddy1, B.Shirisha Reddy2, *
1Principal, K.V. Ranga Reddy Law College, Domalguda, Hyderabad, India
2Assistant Professor, Aurora Legal Sciences Academy, Bandlaguda, Hyderabad, India
*Corresponding author. Email: shirishareddy198036@gmail.com
Corresponding Author
B.Shirisha Reddy
Available Online 26 December 2025.
DOI
10.2991/978-2-38476-515-7_28How to use a DOI?
Keywords
Financial technology (Fin-tech); Regulatory measures; Information technology act; 2000 (IT Act); Cyber-dispute resolution; Digital financial ecosystem
Abstract

The Global financial landscape has changed in a very rapid manner because of the innovations in the FinTech sector of India, which includes digital lending, Unified Payments Interface (UPI) and AI-powered financial services. This pro- gress has however revealed significant gaps in regulations. The current frame- works as provided by Information Technology Act, 2000, supplemented by RBI and SEBI guidelines are still broken and obsolete to a more complicated ecosystem. Among the major challenges, there are poor monitoring of cross-border dealings, biases in decisions formulated by AI, poor consumer protection, and lack of effective cyber-dispute systems. A coordinated, dynamic regulation structure is required to correct such weaknesses, that is, a system that creates central databases where disputes can be resolved, integrates more elastic, results-based compliance rules, and encourages a co- ordinated approach among all the agencies to eliminate overlaps in jurisdiction. These reforms would increase the transparency of regulations, accountability, and consumer confidence. Finally, balancing innovation with good governance should be a critical component of enabling India to have sustainable, inclusive and globally credible leadership in the FinTech domain.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Law and Technology (ICLT 2025)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
26 December 2025
ISBN
978-2-38476-515-7
ISSN
2352-5398
DOI
10.2991/978-2-38476-515-7_28How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - B. Jaipal Reddy
AU  - B.Shirisha Reddy
PY  - 2025
DA  - 2025/12/26
TI  - The Silent Risks of Fin-Tech: Unveiling India’s Regulatory Blind Spots
BT  - Proceedings of the International Conference on Law and Technology (ICLT 2025)
PB  - Atlantis Press
SP  - 309
EP  - 324
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-515-7_28
DO  - 10.2991/978-2-38476-515-7_28
ID  - Reddy2025
ER  -