FinTech Trends

Technology solutions used by retail and commercial customers for financial needs have exploded in recent years. These solutions have been coined as FinTech, for Financial Technology. This session will overview FinTech and compare them to existing solutions offered by community banks.

Many of these technology solutions leverage mobile devices to connect with consumers. This is an area in which regulators are looking to tighten controls. In general, consumers are growing dependent on mobile technologies. With threats against mobile devices increasing, a significant uncalculated amount of risk exists for banks and FinTech providers.

We will explore these current and emerging threats that target mobile devices and FinTech solutions.

In addition to the background on FinTech, Mobile Financial Services, and emerging risks, we will explore how to manage cybersecurity risks around these solutions.

Covered Topics:

  • IT Risk Assessment Process
  • Appropriate Information Security Program Components
  • Applicable FFIEC Guidance
  • Third Party/Vendor Management Practices
  • Effective IT Auditing
  • Board Reporting

Who Should Attend?

Information Security Officer, CIO/CTO, IT Manager, Risk Officer, Internal Auditor, Executives, and Directors looking to understand the risk around FinTech and Mobile Financial Services