The fintech industry is a burgeoning sector that offers boundless innovation opportunities while simultaneously bringing forth significant regulatory challenges. Fintech companies must strike a delicate balance between pushing the boundaries of financial technology and adhering to stringent
In an era where technological advancements increasingly shape industries, financial institutions face a constant battle against sophisticated financial crime. Swift, a globally recognized network for cross-border payments, has taken transformative steps to address these evolving threats. By
Social engineering is on the rise and poses a formidable threat in the cybersecurity landscape. This evolving form of cyber attack no longer targets just technological vulnerabilities; it skillfully exploits human psychology, leading to a significant increase in cyber incidents. As cybercriminals
Canada's RegTech (regulatory technology) sector has shown remarkable progress in the first half of 2024. As the financial industry grapples with evolving regulations, innovative technologies have emerged to assist institutions in maintaining compliance. This article captures the dynamic
Artificial Intelligence (AI) is heralding a new era across various industries, transforming the gig economy and the financial services sector with equal intensity. The applications of AI in these fields bring about a plethora of opportunities and challenges, especially concerning regulation and
As digital fraud threats become increasingly sophisticated, financial institutions are turning to advanced technologies like AI and biometrics to stay one step ahead, enhancing the ability to detect and prevent fraud while ensuring compliance with regulatory standards. This technological evolution
