Magazines
September 2024
In recent months, the importance of fully-functioning technologies that perform on a 24/7 basis has been laid bare, with high-profile outages such as the CrowdStrike bug proving our reliance on technology is constant. Instances such as these remind us that efficient implementation is a must. The financial services industry is no stranger to these issues. Outages at UK banks Nationwide, HSBC and Virgin Money led to delays in customer paydays and the release of pension funds. So, what can fintechs do to ensure their technologies are correctly implemented and secure? In this issue, we’ll look at the processes fintechs and finservs should implement to ensure regulatory compliance, operational resilience and customer safety are successfully met.
September 2024
In recent months, the importance of fully-functioning technologies that perform on a 24/7 basis has been laid bare, with high-profile outages such as the CrowdStrike bug proving our reliance on technology is constant. Instances such as these remind us that efficient implementation is a must. The financial services industry is no stranger to these issues. Outages at UK banks Nationwide, HSBC and Virgin Money led to delays in customer paydays and the release of pension funds. So, what can fintechs do to ensure their technologies are correctly implemented and secure? In this issue, we’ll look at the processes fintechs and finservs should implement to ensure regulatory compliance, operational resilience and customer safety are successfully met.
