“In the rapidly evolving fintech landscape, regulatory bodies and industry players keep playing complementary roles in actively shaping the future of digital finance, with key focus being on cyberse...
Published On: 24/12/2018
Practice Area: Government & Regulatory, Technology, Media & Telecommunications
Authors:
Even though loyalty and reward programs offered by marketplaces are currently operating in an unregulated environment, there is a fine line of differentiation in the way semi-closed system pre-paid instruments and loyalty or reward programs offered are perceived from a regulatory standpoint. Therefore, marketplaces must tread this line with caution. INDUSLAW’s Suneeth Katarki, Namita Viswanath and Shobhika Upadhyay discuss.
