Question

In: Accounting

Write a short report (about 1,500 words) discussing the major risks facing Finance graduates as a...

Write a short report (about 1,500 words) discussing the major risks facing Finance graduates as a result of the current development in Fintech.

Solutions

Expert Solution

Major Risks are:

Cyber security

1. Fending off cyber-attacks in one of the greatest challenges faced by businesses and governments around the world, and given the sensitive nature of the client data they hold, they’re a serious concern for Fintech firms.

2. This method helps to frustrate attacks by continually shifting the points of attack and robbing hackers of the static targets they’re familiar with breaching.

3. To this end it may be time to consider deploying dynamic security solutions such as a ‘Moving Target Defence.

Retaining the human touch

1. Fintech is defined by its ability to disrupt the financial sector and upset the status quo, but this may not always be for the better.

2. This can leave many Fintech start-ups struggling to persuade clients, particularly older clients, to abandon their traditional banks

3. For starters, keeping your customers’ needs and experience at the heart of every new technology you adopt should be paramount. The aim of the game is always to make things easier for the consumer and to offer them a level of service and support they wouldn’t get elsewhere.


Related Solutions

Write a 1,500 word report in which you analyse the investment decisions and project risks for the new...
Write a 1,500 word report in which you analyse the investment decisions and project risks for the new petroleum discovery in Nigeria. What are the operational uncertainties that impact on your investment decisions? How will the demand and supply of contracting markets impact project viability? What are the main risks of the project, and how will this impact on stakeholders? What ownership, financing configurations and credit rating issues are envisaged?
you are required to write a short report discussing how the lack of a perfectly competitive...
you are required to write a short report discussing how the lack of a perfectly competitive insurance market in palestine can limit the development and the spread of more comprehensive. and what are the mail challenges that face the insurance industry in palestine
You are required to write a short report discussing "How the lack of a perfectly competitive...
You are required to write a short report discussing "How the lack of a perfectly competitive insurance market in Palestine can limit the development and the spread of more comprehensive insurance services. And what are the main challenges that face the insurance industry in Palestine."
Write a short business report (400-500 words) about Alibaba Group business model.
Write a short business report (400-500 words) about Alibaba Group business model.
In your own words, write a short business report (300-500 words) about Alibaba Group future plans.
In your own words, write a short business report (300-500 words) about Alibaba Group future plans.
In your own words, write a short business report (400-500 words) about Alibaba Group future plans...
In your own words, write a short business report (400-500 words) about Alibaba Group future plans for Internet profit.
In your own words, write a short business report (400-500 words) about Alibaba Group business model.
In your own words, write a short business report (400-500 words) about Alibaba Group business model.
In your own words, write a short business report (400-500 words) about Alibaba Group business model?
In your own words, write a short business report (400-500 words) about Alibaba Group business model?
Write a short business report (400-500 words) about Alibaba Group sources of revenue and their profit...
Write a short business report (400-500 words) about Alibaba Group sources of revenue and their profit for the past 3 years.
Write a short business report (400-500 words) about Alibaba Group technologies they use to handle Internet...
Write a short business report (400-500 words) about Alibaba Group technologies they use to handle Internet traffic.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT