January 10, 2018
The advent of FinTech has led to many FinTech-oriented conversations focused on aspects other than technology – regulatory, sales, business, ecosystems, etc. The role of Tech has been somewhat dimmed as a part of FinTech. The event held at the end of 2017 by SeedPlus, AWS, TransferWise, and Let’s Talk Payments (LTP), represented an attempt to bring technology back into the center of the conversation. Here, we will share some of the key highlights.
Myles Hosford took a very matter-of-fact approach to explaining the benefits of FinTech startups partnering with AWS from a security and compliance standpoint. Most startups have a hard time understanding and meeting regulatory security guidelines. AWS has for the benefit of these smaller companies, created templates of security compliance requirements localized for Singapore, India amongst other major APAC countries. AWS provides world-class security services for FinTechs either free or low cost in a pay-as-you-go model. Some of the key benefits for the FinTech community are: