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Data security and compliance are top priorities in the competitive and highly regulated Fintech landscape. Fintech companies must employ robust security
tools to protect sensitive customer information, ensure regulatory compliance, and mitigate third-party risks.
Below are five security tools that Fintech brands should integrate into their operations to enhance security and compliance capabilities.
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Vendict
Vendict stands out for its ability to
streamline vendor and third-party risk management (TPRM), helping Fintech brands maintain transparency and trust in their supply chains. It reduces the time spent on manual responses to security questionnaires and requests for information (RFIs). Automating
these processes saves organizations a significant amount of time that is typically required for these tasks.
Fintech brands often rely on third-party vendors for different functions, such as payment processing, data storage, and software solutions. Vendict minimizes
the risks associated with these relationships and provides clear insights into compliance and identification of vulnerabilities.
Moreover, the platform…