FinTech Security and Regulatory Considerations
FinTech Security and Regulatory Considerations Fintech firms move money and personal data every day. Good security and clear rules help customers trust services and regulators alike. This article covers practical security practices and what regulators expect from fintechs. Security should be built in from the start. A defense-in-depth approach layers people, processes, and technology. Strong authentication, encryption at rest and in transit, regular updates, and monitored access help reduce risk. Create an incident response plan so your team can act quickly when a breach happens. ...