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Ritesh Jain

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Infynit / Former COO HSBC
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Followed by John Sims, Martha Boyle and 5 others you follow

Latest opinions

Ritesh Jain

The Rise of UPI: A New Global Leader in Payments by 2025

By the end of 2025, UPI (Unified Payments Interface) is poised to become the most significant payment switch globally, with an estimated annual volume of around 264 billion transactions. This staggering figure would surpass the transaction volumes of Mastercard and Visa, marking a significant shift in the global payments landscape. UPI's rapid gro...

06 June 2024 Payments strategies 2015-2020-2030

Ritesh Jain

Cybersecurity – An interesting ode of Challenges and Opportunities for Startups

On a perfect sunny afternoon on June 27, 2017, while travelling on a train from Schiphol Airport to Dan Hague, I was on a conference call with my Maersk team. Suddenly, someone said their screen went blank, and others faced the same issue. As a tech leader with a cybersecurity background, I knew it was severe. I hurriedly contacted IBM, telling th...

01 August 2023 Finextra site news

Ritesh Jain

Apple's Strategic Voyage into India's Financial Realm

The recent announcement of Apple's plan to launch its credit card in India, partnering with HDFC Bank, marks a critical juncture in the synthesis of technology and finance. Apple, synonymous with innovation, has been making waves across industries. But why should introducing another credit card be a notable event? Let's dissect the implications

05 July 2023 Finextra site news

See all 10 opinions by Ritesh

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UK's cashless transition under the microscope as Payments Choice Alliance pushes back

The UK's shift towards a cashless society is intriguing, but we must consider the impact on cash-dependent populations. The Payments Choice Alliance's focus on preserving payment options is commendable for inclusivity and democratic values. Balancing cash and digital payments, tailored solutions, and stakeholder collaboration is crucial for a smooth and inclusive transition. I prefer a less cash economy with an increased focus on digitisation and policies favouring payments as digital public goods, accessible, transparent, and secure! 

14 May 2023 19:07 Read comment

Ritesh writes about

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