Receive Your Free White Paper by Email:
Strengthening Payment Data Security
& Compliance in Fintech-Banking Partnerships

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This white paper explores the complexities and challenges associated with payment data security in fintech-bank partnerships. Based on insights from the 2024 Fintech Risk & Compliance Forum, it highlights the issues of ambiguous data ownership, vendor management, and regulatory compliance. The paper provides actionable strategies for enhancing data transparency, strengthening vendor oversight, and proactively adapting to evolving regulations. Senior executives will gain insights into building more secure and compliant partnerships that align with modern regulatory standards.

Key Takeaways:

• Data Flow Transparency: Develop comprehensive data flow mapping to understand the lifecycle and security needs of customer payment data.
• Vendor Management: Implement stringent due diligence and contractual obligations for third-party vendors handling sensitive data.
• Regular Audits: Conduct compliance audits and resilience testing to verify adherence to data security regulations like GDPR and CCPA.
• Proactive Regulatory Adaptation: Stay ahead of evolving data privacy laws by continuously updating compliance protocols.
• Collaborative Approach: Foster closer collaboration between banks and fintechs to align compliance strategies and reduce security risks.

Interesting Excerpt:
"In fintech-bank partnerships, both parties must ensure the protection of sensitive data from breaches and misuse. The intricacies of these partnerships, often involving third-party vendors, cloud infrastructure, and API integrations, amplify the risks."

Next Steps...
Complete the form on this page to receive your free copy of the white paper via email. Discover how to strengthen payment data security and compliance within your fintech-bank partnership and build a secure, collaborative future.

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