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Mobile-wallet ventures are increasingly looking for partnerships with insurance companies in an effort to minimise their liability with risks from cyber security breaches on the rise.
“A lot of times, hardware is mass produced and software just gets designed around it — which certainly opens up options for any criminals,” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research.
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This is great initiative. Any news when will India allow P2P products and episodic insurance products.