Financial technology, or FinTech, is a sector that is becoming increasingly important for businesses across the world as technologies become ever more widespread and accessible. There is a whole range of different types of technology contained within FinTech, from digital banks and payment platforms to InsurTech (insurance technology) and RegTech (regulatory technology) to blockchain and … More What does a cybersecurity-first approach really mean for businesses using new FinTech solutions?
Why do many organizations have a hard time keeping up with the evolving threat landscape and effectively managing their cyber-risks? Financial services companies have been a popular target for cybercriminals for a long time. Not without good reason, since beyond working with money, financial companies handle a slew of sensitive client data that criminals utilize … More 5 reasons why (not only) financial companies struggle with cybersecurity
On March 15, 1962, the US President John F. Kennedy called on Congress to enact legislation to protect consumer rights – he was the first world leader to formally address the issue. Since 1983 this date has been marked as World Consumer Rights Day. The consumer movement uses this day every year to mobilize action … More World Consumer Rights Day: Protecting consumers’ rights online
Majority of respondents feel secure when using financial apps or online platforms, but many still use public Wi-fi while doing financial transactions online. As the GameStop stock-buying frenzy recently showed, financial transactions can now be easily conducted through a quick tap on an app. And as the COVID-19 pandemic has shown, more Americans have turned … More ESET Survey Finds Americans Use Digital Banking and Fintech Apps More Often, Cryptocurrency Use on the Rise Since Start of Pandemic
ESET reveals that over two-thirds of business leaders (68%) expect their company’s investment in FinTech to increase in 2021/2022. This comes as 81% of senior managers surveyed agree that COVID-19 has increased the need for improved security of finances. ESET has explored the attitudes of senior managers towards financial technology (FinTech) and security in the … More 81% of business leaders believe COVID has increased the need for improved security of finances