What will the future of personal finance look like? Will we go all digital and abandon cash altogether? According to new research, Indian consumers are among the fastest when it comes to adopting digital solutions for managing your personal finances.

While people in India once baulked at the inaccessible price points and inflexible services of insurance providers, they’re now signing up en masse. How did companies in the domestic sector engineer a formula to cater to the diverse needs of this enormous, historically untapped market?

Contactless cards and mobile wallets have greatly simplified payments, but Fingopay is going a step further by allowing people to buy anything with just a press of a finger. It’s tapping a desire for increased security and convenience in everyday transactions through the use of biometric tech.

India has traditionally been a nation of savers, but individual approaches previously differed depending on wealth, age, and location. How are demonetisation and the subsequent rise of digital wallets transforming saving habits? And do younger generations even care about building a nest egg?