Navigating Compliance Landscape in Fintech

From card swipes to contactless cards, digital wallets, and instant peer-to-peer transfers, fintechs really upscaled from secure payment gateways to established digital-only banks. 24/7Global accessibility, transparent fee structures, and AI-driven advisory services have heightened the appeal of banking-at-your-convenience. Elevating fintechs to an ‘equal and better’ alternative to traditional brick-and-mortar banks.

With all these neat upgrades, consumers and regulators are looking at fintechs for responsible innovation. RBI has been redrawing the regulatory perimeter to be more inclusive toward the evolving fintech solutions, potentially blurring boundaries between traditional financial services and fintech solutions.

Layers of Compliance

Adhering to regulations is crucial, and there are additional motivations for fintechs to comply:

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Unpacking Our Findings From Assessing Numerous Infrastructures – Part 2

When superior performance comes at a higher price tag, innovation makes it accessible. Quite evident from the way AWS has been evolving its services –

  •  gp3, the successor of gp2 volumes – Offers the same durability, supported volume size, max IOPS per volume, and max IOPS per instance. The main difference between gp2 and gp3 is gp3’s decoupling of IOPS, throughput, and volume size. This flexibility to configure each piece independently – is where the savings come in.
  • AWS Graviton3 processors – Offers 25% better computing, double the floating-point, and improved cryptographic performance compared to its predecessors. It’s 3x faster than Graviton 2 and supports DDR5 memory, providing 50% more bandwidth than DDR4 (Graviton 2). 

To be better at assessing your core infrastructure needs, knowing the AWS services is just half the battle. In my previous blog, I’ve discussed numerous areas where engineering teams often falter. Do give it a read! >>> Unpacking Our Findings From Assessing Numerous Infrastructures – Part 1

What we’ll be discussing here are –

  • Are your systems truly reliable?
  • How do you respond to a security incident?
  • How do you reduce defects, ease remediation, and improve flow into production? (Operational Excellence)
Continue reading “Unpacking Our Findings From Assessing Numerous Infrastructures – Part 2”

Unpacking Our Findings From Assessing Numerous Infrastructures – Part 1

AWS Well-Architected framework can help you streamline your approach to ensure resilient, consistent, and scalable outcomes.

You can’t improve what you don’t measure. 

When things are not analyzed, changes become responses to hefty cloud bills or security breaches. AWS Well-Architected framework can help you identify issues early and streamline your approach to ensure resilient, consistent, and scalable outcomes.

But what difference does AWS WAR Framework bring? 

WAR offers a distinctive and valuable perspective into the common practices within cloud computing. After reviewing numerous, distinct workloads, it’s fascinating to learn how various cloud engineering teams operate in the cloud — how they see things, what’s important to them, and why they prefer certain things in a certain way. For us, the best part is being able to make assertions about what tech teams genuinely love about cloud, beyond the hype. 

Continue reading “Unpacking Our Findings From Assessing Numerous Infrastructures – Part 1”

Technical Roadblocks in Edtech: Strategies for Success

Knowing the benefits of cloud technology in education is one thing, but making it happen is a whole new ballgame.

A recent report predicts that the edtech industry will grow at a compound annual growth rate of 13.6% from 2023 to 2030.

That means — 

  • Increased interest to upskill in the comfort of your space and time. 
  • Higher demand for digital content with the benefit of a collaborative space for people of diverse educational backgrounds.
Continue reading “Technical Roadblocks in Edtech: Strategies for Success”