Disruptive Innovation Strategies
Compliance refers to the act of conforming to established laws, regulations, and standards set by governing bodies or industry authorities. In the context of financial services and fintech, compliance ensures that companies operate within legal frameworks, protect consumer rights, and maintain the integrity of the financial system. It encompasses various aspects, including data protection, anti-money laundering measures, and consumer protection laws, all of which are crucial for building trust in innovative financial solutions.
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