Creating an approach to managing risk that uses data and regulatory technology as a critical ingredient, knowing which technology best suits the business, and making the case to upper management.
- Build vs. Buy: The first decision to make
- Differences in the needs of fintechs/marketplaces vs. traditional banks - e.g. data, multi-sided transactions, unique scenarios, streamlined UI's
- Integrating transaction monitoring with KYC and Identity proofing