Today, you can snap a photo of a check and deposit it without ever leaving your couch, making banking and investing more convenient than ever. This revolution is largely thanks to the rise of Financial Technology or Fintech. Fintech’s impact reaches beyond ordinary people, allowing companies to improve operational efficiency and customer convenience. With this new technology comes a greater responsibility to protect consumers’ financial and personal information by keeping up-to-date on Fintech compliance regulations.
Are you a financial institution or startup trying to achieve Fintech compliance? Read on to find out how to comply with the rules and regulations.