In this episode of India FinTech Diaries, we unpack one of the most urgent challenges facing digital finance today: fraud at scale. With cybercrime cases in India crossing 36 lakh in 2024 and losses exceeding ₹22,000 crore, fraud is no longer an edge case—it’s a systemic risk.

To decode how fraud has evolved and what institutions must do next, we speak with Venkat Srinivasan, Chief Analytics and Risk Officer at Bureau.

Venkat explains why modern fraud is no longer about fake documents or isolated bad actors. Instead, it’s coordinated, networked, and industrialized—powered by mule accounts, device spoofing, identity rotation, and real-time information sharing.

Key Highlights:

🕸️ Fraud has become organizedWhat once looked like individual theft now resembles syndicates operating across banks, fintechs, and marketplaces simultaneously.

🧩Siloed risk systems are breaking downKYC, fraud monitoring, AML, and device intelligence working in isolation miss the bigger picture. Unified risk decisioning is now essential.

📱 Devices are the new identity layerFrom fingerprinting to behavioral biometrics, the device has become a powerful signal—often more reliable than static identity documents.

🧠 Graph-based models are the futureBureau’s use of graph data structures helps uncover hidden networks and patterns that linear rules and traditional models simply cannot detect.

⚖️ Compliance is a guardrail, not a blockerVenkat makes a strong case for internalizing regulation as a design constraint that enables sustainable innovation, rather than treating it as a checkbox.

This episode is a must-listen for fintech founders, risk leaders, product teams, and policymakers grappling with the trade-offs between growth, friction, privacy, and trust.

• Website: https://bureau.id/

In this episode of India FinTech Diaries, we sit down with Amit Majumdar, Group Strategy Officer, Angel One, one of India’s fastest-growing WealthTech platforms. Trusted by over 3Cr clients, Angel One is blending cutting-edge tech with deep market insights to make wealth creation accessible to everyone.

Key Highlights:

📊 Democratizing WealthTech: Angel One’s focus on taking investing beyond metros to Tier 2/3 cities.

🤖 Tech at the Core: From AI-driven personalization to advanced analytics, technology is powering customer journeys and financial literacy.

🌐 Beyond Brokerage: Moving from being a discount broker to a full-fledged WealthTech ecosystem offering investing, advisory, and more.

🚀 Future Roadmap: Expansion into new segments, products, and personalized services to empower India’s growing investor base.

Tune in to hear how Angel One is redefining financial inclusion and wealth creation at scale.

In this episode of India FinTech Diaries, we draw fascinating parallels between India’s Payment Banks experiment and the US’s GENIUS Act, designed to regulate stablecoin issuers.

Both initiatives aim to create safe, inclusive financial systems—but as we explore, they also share similar scaling challenges that can make or break their success.

Key Highlights:

🏦 Payment Banks 101: Why they were launched, their business model, and why many never scaled beyond pilots.

💸 GENIUS Act Deep Dive: Full-reserve requirements, monthly attestations, consumer protection norms, and how it hopes to make stablecoins safe.

🔗 Surprising Parallels: Both aim to build trust first, exclude risky behaviors, and onboard underserved users—but struggle with monetization and scale.

⚖️ Safety vs Viability: The big lesson—designing for safety is not enough; the model must also be commercially sustainable to scale.

🌐 Why It Matters: Stablecoin regulation will shape cross-border rails, remittances, and even CBDC interoperability. Getting it wrong could cede ground to unregulated players.

Tune in to understand how Payment Banks mirror Stablecoins in the GENIUS ACT