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The cyber security challenges in fintech and neobanking’s rise
The 2020s is set to see a rapid growth of fintech and neobanking offerings in Australia. Unquestionably, there are many positives to this trend, but there will also be an increase in cybersecurity challenges to accompany it. While accelerated collaboration and sandboxing between traditional businesses and fintechs will drive innovation and competitive advantage, the start-up culture that underwrites this progress will prioritise growth and enhance capabilities over cybersecurity. Unfortunately, this puts their clients, their companies,…
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