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Good Intentions, Bad Security – Finding Footing in Fintech – Zoot Enterprises
Fintech companies see an opportunity – and rightly so – to provide vital financial services while making a profit. But it’s important to acknowledge the very real concerns around security, data privacy and consumer protection.
Are the new companies in the space ready for the realities of what it means to be a financial service provider? In this episode, I’m talking with Patrick Traynor, author of the new report “Digital Finance and Data Security,” and Pablo Anton Diaz, research manager at the Center for Financial Inclusion.
Together, we explore what happens when the systems that are focused on expanding financial inclusion are poorly designed and executed, and talk through what new companies need to take into account as they break into the market.
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