The advent of FinTech has revolutionized the traditional financial sector by integrating cutting-edge technology to enhance and automate financial services, but it also comes with significant risks of cybersecurity breaches, regulatory compliance issues, and operational disruptions that need to be addressed to ensure the continued growth and success of the industry. Understanding and mitigating these risks is paramount to protect companies and their clients, foster trust in FinTech services, and create flexible regulatory standards that balance innovation and financial integrity.
