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For startups, trustworthy security means going above and beyond compliance standards

TechCrunch

Oren Yunger is an investor at GGV Capital , where he leads the cybersecurity vertical and drives investments in enterprise IT, data infrastructure, and developer tools. He was previously chief information security officer at a SaaS company and a public financial institution. So why is compliance alone not enough?

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Beyond DevSecOps: Why fintech companies need to consider DevSecRegOps

CIO

It’s no secret that banks and fintech companies must meet compliance and regulatory standards that are much stricter than what traditional tech companies are forced to comply with. The question becomes: How do you meet strict regulatory and compliance standards while keeping up with the rapid pace of innovation in technology?

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The cyber security challenges in fintech and neobanking’s rise

CIO

The 2020s is set to see a rapid growth of fintech and neobanking offerings in Australia. Unquestionably, there are many positives to this trend, but there will also be an increase in cybersecurity challenges to accompany it. They also have larger and more complex environments to secure and are targeted more often.

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Laika laps up $50M for its automated security compliance platform

TechCrunch

Compliance with privacy and security frameworks like SOC 2, HIPAA and GDPR has become a central component not just of how organizations build trust with their users, but of how organizations work together these days: fail to meet the requirements of these frameworks, and you might lose your business relationship.

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Generative AI: Balancing security with innovation

CIO

Slowing the progression of AI may be impossible, but approaching AI in a thoughtful, intentional, and security-focused manner is imperative for fintech companies to nullify potential threats and maintain customer trust while still taking advantage of its power.

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Onboarding and automation: What fintechs can learn from big banks

TechCrunch

This creates increased regulatory scrutiny, with the risk of massive fines for non-compliance. On paper, this looks like a slam-dunk scenario for the burgeoning industry of new nimble fintech providers. It’s not – unless those fintechs can learn some lessons from established firms about customer onboarding. for AML failures.

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3 ways fintech companies can help retailers launch financial services

TechCrunch

It needs to be both effective and secure. This is where fintech can step in. As more and more retailers make this move, partnering and collaborating with fintechs can help them build, scale and secure their financial offerings. And if they want some crypto, fintech startups can source liquidity and convert fiat to crypto.

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