Mumbai (Maharashtra) [India]October 16 (ANI): India's rapidly expanding FinTech industry is facing growing cybersecurity risks even as it cements its position as a global leader in digital finance, noted a report by PwC India and the Unified Fintech Forum (UFF).

The report, titled "FinSec: An Emerging Equation Between FinTech and Cybersecurity," highlights how new technologies while driving innovation in digital payments, lending, neobanking, and blockchain are simultaneously creating new vulnerabilities.

India, home to more than 10,200 FinTech companies, has become one of the world's largest hubs for financial technology innovation. Fuelled by over 650 million smartphone users and strong government-backed digital initiatives, the country's FinTech revolution continues at an unprecedente

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