A Testament to Innovation and Leadership in India’s Digital Payments Landscape
Mumbai, Maharashtra, India – Network People Services Technologies Ltd. (NPST), a prominent provider of digital banking and payment processing solutions, has achieved a remarkable milestone by winning three prestigious accolades at the Bharat Fintech Summit’s Fintech & Digital Excellence Awards. This recognition underscores NPST’s dedication to innovation and its leadership in India’s dynamic digital payments ecosystem.
NPST was honored with the Best RegTech Award for its Risk Intelligence Decisioning Platform (RIDP), a state-of-the-art solution powered by artificial intelligence and advanced machine learning. RIDP enables banks, payment aggregators, and payment gateways to implement robust counter-fraud strategies, enhance risk governance, and ensure compliance. By leveraging cutting-edge technology, the platform significantly strengthens risk management in the payments industry.
The company also earned the Runner-Up position in the Best Payment FinTech category and was recognized with a Special Jury Award for Emerging FinTech Company of the Year. These awards acknowledge NPST’s impact on the fintech sector through its Payments-Platform-as-a-Service (PPaaS) solution, EvoK. The platform enhances online transaction processing while integrating crucial value-added services such as risk and fraud management, reconciliation, dispute resolution, and advanced analytics.
Commitment to Driving Innovation
Celebrating this achievement, Deepak Chand Thakur, CEO & Co-founder of NPST, stated, “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.”
The Bharat Fintech Summit’s Fintech & Digital Excellence Awards recognize fintech companies that are shaping the industry through technological advancements, customer-centric solutions, and digital transformation. NPST’s recognition in multiple categories highlights its leadership and contribution to India’s fintech revolution.
Expanding Presence in Digital Payments
As a fast-growing PayTech firm, NPST is making a substantial impact on India’s digital payments sector. The company currently processes 6% of the country’s digital transactions and serves over 100 clients across 700 locations. Its innovative solutions continue to empower banks, financial institutions, and businesses, enabling seamless and secure transactions.
About NPST
Founded in 2013, NPST is a listed entity on the NSE Small and Medium Exchange, specializing in digital banking and payment processing solutions. The company is dedicated to advancing the digital payments ecosystem by delivering cutting-edge technology to banks, fintechs, and enterprises.
NPST’s solutions encompass online and offline transaction processing, banking super apps, fraud prevention, dispute management, and compliance technology. With a mission to drive financial growth for businesses, individuals, and communities, NPST processes over 60 million transactions daily, reinforcing its role as a key player in India’s fintech landscape.To learn more about NPST and its award-winning solutions, visit www.npstx.com.
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