Overview
Fintech regulation and compliance are essential for ensuring that financial technology companies operate within the law and maintain consumer trust. These regulations help protect consumers from fraud and ensure that financial systems remain stable and secure. Understanding the regulatory landscape ...
Key Terms
Example: Mobile banking apps are a popular form of fintech.
Example: The SEC regulates securities markets in the U.S.
Example: Banks require KYC to prevent fraud.
Example: Fintech companies must implement AML measures.
Example: GDPR is a data protection regulation in Europe.
Example: Fintech firms assess risks to comply with regulations.