Decoding Data Localization for Payments in India with Skyflow's Sanjeev Sharma
In this podcast, we discuss:
- Payment data residency regulations in India
- Influence of technological innovations like UPI on payment systems
- Strategic advice for innovators navigating India’s regulatory environment
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Introduction
Sanjeev Sharma, Product Lead from Skyflow, joins the show to explore the complex landscape of payment data residency regulations in India, focusing on the Reserve Bank of India's (RBI) 2018 mandate for local data storage, its impact on digital payments, and the challenges international businesses face in adapting to these regulations.
In this episode, we delve into the evolving digital payment sector in India, technical and operational hurdles companies encounter for establishing payment flows and meeting local compliance requirements, emphasizing the importance of regulatory compliance for fostering innovation and security.
Speakers
Sanjeev Sharma
Product Lead, Skyflow
Sanjeev Sharma has over two decades of experience in product management, technical leadership, and global business development. Priori to leading Product Management for AI/ML and Fintech verticals at Skyflow, Sanjeev worked with Meta and Visa, among others to manage global product portfolios and launch successful products across diverse markets, and fostering key partnerships with industry giants.
Sean Falconer
Head of Developer Relations and Marketing, Skyflow
Sean Falconer has over 15 years experience working in research, engineering, product, developer relations, and marketing. Prior to Skyflow, Sean worked with the World Health Organization to help modernize development of the International Classification of Disease, founded Proven.com, and led developer relations and experience for Google's Business Communication products.