Tag: DORA
How should RegTechs be preparing for DORA?
The DORA is a EU regulation that entered into force on 16 January 2023 and is currently set to apply as of 17 January 2025.
How to effectively manage third-party risks
The concept of third-party risk management is hardly a fledgling idea. However, as the world becomes ever-more digitised, cybersecurity threats are now looming larger than ever before. According to research from Soha Systems, more than 60% of data breaches can be traced back to third-party vendors. This means that an effective third-party risk management strategy is not just a luxury anymore - it is a necessity.
The key to financial innovation: Overcoming data aggregation challenges
In the ever-evolving world of financial services, the integration and management of diverse financial data stand as a cornerstone for innovation and customer satisfaction.
German FinTech funding declined 74% in 2023, as large deals dried...
Key German FinTech investment stats in 2023:
• German FinTech investment totalled at $911m in 2023, a 74% drop YoY
• German FinTech deal activity totalled...
German FinTech investment fails to surpass $1bn in 2023
Key German FinTech investment stats in 2023:
• German FinTech investment totalled at $911m in 2023, a 74% drop YoY
• German FinTech deal activity totalled...
DORA 2025: What financial entities need to know for seamless compliance
In a recent post by Novatus Global, the firm took a deep dive into DORA legislation and the role it will help play in...
78% of Europe’s top financial institutions faced third-party breaches
SecurityScorecard's latest research, centred on the looming Digital Operational Resilience Act (DORA) compliance deadline of January 2025, reveals a disturbing level of third-party and fourth-party cybersecurity breaches among Europe's largest financial institutions.
© FinTech Global © Copyright 2024. All rights reserved.
