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Viktoria S. Nov 4, 2024
Knowledge Share
Last active in the past 7 days
Last active in the past 7 days
What is DORA? And why do you need to know about this?
DORA is set to change the game for financial institutions, requiring robust digital risk management and compliance by January 2025. It’s not just a regulatory formality—it’s about building a resilient operation that can withstand digital threats, protect customer trust, and avoid hefty fines. Financial institutions must be prepared to manage their partner's risks, too, in order to secure third-party relationships, and conduct resilience testing to ensure stability.

Read my article below for more information:
https://www.linkedin.com/pulse/digital-operational-resilience-act-dora-new-era-finance-soltesz-pxabf

Digital Operational Resilience Act (DORA) - The New Era of Digital Resilience in Finance

Imagine one day your entire financial operation grinds to a halt. Not because of a simple system error, but because a single vulnerability left you...

 
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James G. Nov 1, 2024
Community Announcement
Last active over 7 days
Last active over 7 days
I’m excited to introduce a solution designed to securely govern and optimize the use of Generative AI (GenAI) across your organization.

Technossus AI empowers organizations to:
• Secure AI Use: Gain full visibility and control over AI usage, preventing risks like data leaks.
• Seamless Integration: Manage AI model access while complying with industry regulations.
• Tailored AI Solutions: Enrich AI models with organization-specific data to enhance decision-making.

How is your company integrating GenAI tools? What data is feeding these tools? What IP or proprietary information is being exchanged? What legal vulnerabilities are you being opened up to by using these tools unsupervised?

We’re offering a free 30+ day trial to provide insights into AI usage and governance. Reach out to schedule a quick demo at your convenience!
 
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Viktoria S. Oct 30, 2024
Knowledge Share
Last active in the past 7 days
Last active in the past 7 days
Why payment orchestration is overhyped and will not save your business

Payment orchestration is a popular topic in the financial tech world, often seen as a universal solution for managing all issues around payment and banking. While payment orchestration can offer some valuable benefits, it is often overhyped and can overlook broader and more critical payment and banking issues, making things more complicated rather than easier.
Let me explain why.
The main issue is that payment orchestration focuses too narrowly on one part of the payment and banking picture, ignoring important other elements around the flows, such as risk, compliance, data security, fraud prevention, contract terms, or technological advancements.
One problem with payment orchestration is that it tries to simplify by combining various payment methods into one system. While this sounds helpful, it often misses the bigger picture.
Read more: https://www.linkedin.com/pulse/why-payment-orchestration-overhyped-save-your-business-soltesz-b6uuf/?trackingId=z0xs0oZAQu6FkZNZIoX5lg%3D%3D

Why payment orchestration is overhyped and will not save your business

Payment orchestration is a popular topic in the financial tech world, often seen as a universal solution for managing all issues around payment and...

 
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