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Fintech – Bank integration is crucial for banks to face disruptive tech, says Ritesh Agarwal, Founder – CEO at fonePaisa Payment Ltd.

fonePaisa has provided digital collection & reconciliation solutions to many corporates & institutions.

He adds strict regulatory norms affect their business & there is scope for relaxing regulations. He also says that banks need to share receipts from their association because Fintechs brings value addition for banks.