FinTech is an umbrella term coined in the recent past to denote technological innovations having a bearing on financial services. FinTech is a contraction of the words finance and technology. It refers to the technological start-ups that are emerging to challenge traditional banking and financial players and covers an array of services, from crowd funding platforms and mobile payment solutions to online portfolio management tools and international money transfers. Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. Artificial intelligence (AI) hasapplications in the financial industry, where it is used to detect and flag activity in banking and finance such as unusual debit card usage and large account deposits. India has a rich diversity of digital payment options. Many of these are interoperable, and work through bank accounts, thus giving the users a lot more choice. However, the costs of digital payments are still an issue, and acceptance infrastructure is not widespread. This book explains and examines various aspects of financial technology (FinTech) and digital banking in simple and non-technical language. It contains 17 chapters which have been organized into 2 parts. Part I (chapters 1 to 3) is titled Financial Technology (FinTech) and Artificial Intelligence (AI). It provides conceptual clarity as regards FinTech and the major FinTech innovations and services. It also explains the basics of AI. Part II (chapters 4 to 17) is titled Digital Banking in India. It deals with various forms of payment systems, Reserve Bank of India (RBI) and other organizations linked to payment systems, paper-based traditional systems of payment, electronic payments (e-payments), card-based e-payment, non-card e-payment, internet banking, mobile banking, cyber space, cyber attacks and cyber security, and data protection strategies and technologies.