More Trouble For WhatsApp? SC Seeks Firm’s Reply On Plea For Safeguarding UPI Data
A plea filed in the apex court has sought a direction to the RBI to ensure that data collected by WhatsApp on Unified Payments Interface (UPI) platforms is not leaked to any third party
Representational Image Outlook Web Bureau 2021-02-01T16:25:26+05:30 More Trouble For WhatsApp? SC Seeks Firm’s Reply On Plea For Safeguarding UPI Data outlookindia.com 2021-02-01T16:27:04+05:30
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In what seems to be more trouble for WhatsApp, the Supreme Court Monday asked the instant messaging application firm to file its response on a plea seeking a direction to the RBI and the NPCI to ensure that data collected on Unified Payments Interface (UPI) platforms is not shared with their parent company or any other third party under any circumstances.
RBI has told the Supreme Court that it has no responsibility to conduct audit of members of United Payments Interface (UPI) ecosystem and responsibility to ensure that private firms like Google and WhatsApp comply with norms lie with National Payments Corporation of India (NPCI). The Reserve Bank of India (RBI), in its affidavit filed in the top court, also said that the matters related to data privacy and data sharing come under the domain of the central government. The RBI s affidavit, which also sought dismissal of the PIL, was filed in response of a plea of Rajya Sabha MP Binoy Viswam seeking direction to it to frame regulation to ensure that data collected on UPI platforms is not exploited or used in any manner other than for processing payments.
Read more about Fraud in fintech being fought with regulatory tech on Business Standard. It has been estimated that more than 1,200 lending apps are active in India. While some have been shut down or removed from Google or Apple platforms, others can pop up with frightening speed
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The antidote for India’s healthcare woes
A digital health ecosystem that can leverage data, technology and collaboration can help leapfrog India s healthcare.
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Abheek Singhi
By encouraging collaboration and combining digital approaches with traditional healthcare models, India can create a powerful antidote that addresses the challenges related to access, affordability and quality of care.
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“This is indeed India! remarked Mark Twain, as he tried to grasp the complex and nuanced Indian society. More than a century later, India continues to be a paradox. On the one hand, its economy is currently the fifth-largest, with aspirations to vault to the top-three club by 2025. On the other, its healthcare systems perform poorly on multiple dimensions, with the country ranking 145 among 195 countries on the Healthcare Access and Quality Index (HAQ). The healthcare infrastructure in India is crippled by several inadequacies including limited access