Search
Close this search box.

Fintech

Introduction

The fintech industry is revolutionizing the financial services sector by leveraging technology to enhance financial inclusion, efficiency, and innovation. This sector includes a wide range of services such as digital payments, online lending, blockchain, and cryptocurrency. Ensuring the security, compliance, and operational efficiency of fintech solutions is essential for building trust and fostering growth. At QMet, we help fintech companies achieve and maintain compliance with industry-specific standards and frameworks, enhancing their operational integrity and customer trust. 

Standards and Frameworks Applicable

The fintech sector is governed by various standards and frameworks designed to enhance security, transparency, and operational efficiency. Key standards and frameworks include: 

ISO 27001

Information Security Management System. Helps organizations manage the security of assets such as financial information, intellectual property, and customer data.

ISO 22301

Business Continuity Management System. Protects against, reduces the likelihood of, and ensures recovery from disruptive incidents.

ISO 31000

Risk Management. Provides guidelines on managing risk faced by organizations.

PCI DSS (Payment Card Industry Data Security Standard)

A set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment.

NIST Cybersecurity Framework

Provides guidelines for improving the cybersecurity of fintech companies.

GDPR (General Data Protection Regulation):

A regulation in EU law on data protection and privacy for all individuals within the European Union and the European Economic Area.

PSD2 (Revised Payment Services Directive)

An EU directive designed to regulate payment services and payment service providers throughout the European Union and European Economic Area.

ITIL (Information Technology Infrastructure Library)

A set of detailed practices for IT service management (ITSM) that focuses on aligning IT services with the needs of fintech companies.

CISA Guidelines

Cybersecurity and Infrastructure Security Agency guidelines for securing fintech institutions.

Basel III

A global regulatory framework on bank capital adequacy, stress testing, and market liquidity risk.

Need Help with Easier Solutions? We Are Experts!

QMet Expertise

At QMet, we offer a range of services to help educational organizations achieve compliance with relevant standards and frameworks. Our expertise includes:

Consultancy

Our consultancy services are designed to help you navigate the complexities of educational standards and frameworks. We provide:

Gap Analysis
Strategy Development
Implementation Support

Regulatory Compliance Consulting

Best Practices Implementation

Training

We offer comprehensive training programs to ensure your team is well-versed in the latest standards and best practices. Our training services include:

Awareness Training

Educating employees on the importance of security, compliance, and operational efficiency in fintec

Technical Training

: Providing in-depth training on specific standards and frameworks, such as ISO 27001 and PCI DSS.

Certification Preparation

Preparing your team for certification exams to demonstrate their expertise in fintech standards.

Assessment and Auditing

Our assessment and auditing services help you maintain compliance and identify areas for improvement. We offer: 

  • Internal Audits: Conducting thorough audits to ensure your practices align with relevant standards and frameworks. 
  • Risk Assessments: Identifying potential risks in your operations and recommending mitigation measures. 
  • Compliance Audits: Verifying that your organization meets all applicable regulatory requirements and standards. 
  • Cybersecurity Audit: Evaluating your cybersecurity measures to ensure they meet industry standards and protect against threats.
  • Data Privacy Audits:
    Ensuring compliance with data protection regulations such as GDPR.

Trust QMet to be your partner in achieving and maintaining compliance in the fintech sector. Enhance your operational integrity, ensure security and compliance, and let QMet help you navigate the complexities of industry standards and frameworks.