And more than 59 percent of the respondents would be more inclined to allow a bank more active use of payment data than they would a tech company.12 This makes public trust an asset of great value for the banking sector at this juncture.
V Leeladhar: Challenges in banking security Inaugural speech by Mr V Leeladhar, Deputy Governor of the Reserve Bank of India, at the Banking Security Conference - 2005, arranged by the Indian Banks’ Association, Mumbai, 22 June 2005.