No one is more responsible for your professional development than you. Career Communications Group (ccgmag.com) makes that possible by bringing you cutting edge management seminars with the nation's leading corporations and agencies executives.Slides for this presentation can be found here: https://www.slideshare.net/ccgmag
Episodes
Wednesday Dec 04, 2019
Wednesday Dec 04, 2019
FinTech: The Challenge
Technology is changing the way we do business while affecting every aspect of society— from the government to private firms. With ubiquitous smartphones and data stored in the Cloud, the financial landscape has not been omitted from technology’s reach. The business world and the financial realm have reached a critical point with cyber-hackers breaching corporate and government firewalls to gain access to privilegedinformation, wipe out bank accounts, or hold government and financial institutions hostage. Many companies are embracing technologies, such as blockchain-based systems, which offer exponential opportunities to companies as well as clients. It can also add new risks that include financial instability and loss of profits. This challenge for the FinTech industries will become a major concern for consumers when it comes to protecting customer accounts, developing creative security measures, and installing effective processes for better protection while increasing customer satisfaction.
At the end of this session, attendees will be able to:
- Understand what challenges the FinTech industry is facing in the changing financial landscape.
- Examine what steps financial institutions are taking to manage, secure, and protect customer information to create financial stability and success.
- Explain how innovations can help reduce the risk associated with the use of new technologies and attacks from cyber security hackers.