NPST Wins Triple Recognition at Bharat Fintech Summit for AI-Powered RegTech and PayTech Solutions

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Network People Services Technologies Ltd. (NPST) secures three prestigious awards at the Bharat Fintech Summit, highlighting its innovative AI-driven solutions in RegTech and payment processing.

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NPST Secures Triple Recognition at Bharat Fintech Summit

Network People Services Technologies Ltd. (NPST), a leading provider of digital banking and payment processing solutions, has achieved significant recognition at the Bharat Fintech Summit's Fintech & Digital Excellence Awards. The company secured three prestigious accolades, underscoring its commitment to innovation and leadership in India's rapidly evolving digital payments landscape 12.

Best RegTech Award for AI-Powered Risk Intelligence Platform

NPST clinched the Best RegTech Award for its Risk Intelligence Decisioning Platform (RIDP). This cutting-edge solution leverages artificial intelligence and advanced machine learning algorithms to empower merchant-acquiring institutions, including banks, payment aggregators, and payment gateways. RIDP enables these entities to implement robust counter-fraud strategies, enhance risk governance, and ensure regulatory compliance 12.

Runner-Up in Best Payment FinTech Category

The company's innovations in the payment technology sector were also acknowledged, as NPST was named Runner-Up in the Best Payment FinTech category. This recognition highlights the company's significant contributions to advancing payment solutions in the fintech ecosystem 12.

Special Jury Award for Emerging FinTech Company of the Year

NPST's impact on the payments industry was further recognized with a Special Jury Award for Emerging FinTech Company of the Year. This accolade particularly emphasized the company's Payments-Platform-as-a-Service (PPaaS) solution, EvoK. The platform offers a comprehensive suite of services, including streamlined online transaction processing, risk and fraud management, reconciliation, dispute resolution, and advanced analytics 12.

NPST's Growing Influence in India's Digital Payments Landscape

Deepak Chand Thakur, CEO & Co-founder of NPST, expressed pride in the company's achievements, stating, "Winning three prestigious awards at the Bharat Fintech Summit reaffirms our dedication to advancing payments technology across the financial ecosystem. This recognition strengthens our resolve to push boundaries, drive innovation, and scale financial inclusion" 2.

NPST's growing influence in India's fintech space is evident from its current market position. The company processes 6% of India's digital payments and serves over 100 clients across 700 locations 2.

About NPST and Its Offerings

Founded in 2013, NPST is a PayTech firm listed on the NSE Small and Medium Exchange. The company specializes in digital banking and payment processing solutions, offering a wide range of services including online and offline transaction processing, banking super apps, fraud prevention, dispute management, and compliance technology 2.

The Bharat Fintech Summit's Fintech & Digital Excellence Awards celebrate outstanding contributions to the fintech industry, recognizing companies that drive digital transformation through innovation, customer-centric solutions, and technological advancements 2.

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