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The article discusses the challenges faced by the financial sector due to the introduction of new technologies such as blockchain, crypto, tokenization, and central bank digital currencies, as well as the role of artificial intelligence in driving these changes. The RBI governor emphasizes the need for investment in IT systems to ensure smooth banking transactions and proposes the establishment of a digital payments intelligence platform to mitigate payment-related fraud. The IMF MD also highlights the risks of data loss, system breakdown, and cyber attacks in the financial sector and stresses the need for operational resilience.