Don’t treat data as fiduciary responsibility: RBI Governor to Fintech Companies

Mumbai, Sep 10: Fintech companies should “treat data as a fiduciary responsibility, not as a business asset,” RBI Governor Sanjay Malhotra today said. “This data must be treated the way a trustee treats assets and property, collected with a clear purpose and used strictly within the consent provided, and protected as though it was a human,” [...] The post Don’t treat data as fiduciary responsibility: RBI Governor to Fintech Companies appeared first on Business Vibes of India (BVI) .