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
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
In the rapidly evolving landscape of the US FinTech sector, Q2 2024 stood out for its marked reduction in deal activity and funding. The downward trend highlights a cautious approach by investors, emphasizing quality over quantity. Despite fewer transactions, the average deal size saw an uptick,
The intersection of cybersecurity and fintech has become a critical talking point in today’s digital age. With fintech's global surge, understanding how various regions approach cybersecurity to foster fintech growth is essential. A recent study sheds light on this vital relationship, delving i
